PETAH-TIKVA, ISRAEL -- Earlier this week, PCB Technologies said it would acquire fellow PWB fabricator Melta-Inter Industries. Is Eltek the next Israeli fab house to be sold?

Israeli financial journalist Shlomi Cohen thinks it might be. Eltek's top shareholder, Yosef Maiman, holds a 24% stake, yet he left Eltek's board earlier this year, Cohen points out.

Pointing to a spike in the volume of shares trading hands over the past several months, he added, "Since there are no signs that Eltek is going to soon raise money from the owners, I assume that it is on the shelf to be sold."

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