Fab News

ITASCA, IL – M-Wave announced today an asset purchase agreement with its management team under which the company will transfer substantially all of its operating assets and certain liabilities in exchange for $500,000.

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CHANUTE, KS– Sierra Midwest has received their International Traffic in Arms Regulations (ITAR) registration, a requirement for businesses manufacturing or exporting defense articles or providing defense services. Sierra believes that this recognition, combined with its MIL spec, will give it the tools needed to compete in today’s growing defense market.

GHENT, BELGIUM– Mania Belgium NV has chosen Adeon Technologie BV to manage its sales and marketing operations in the United Kingdom, Ireland and The Netherlands. Adeon will handle all of Mania’s product line, including the SilverWriter and Calibr8tor laser photoplotters, SmartPlate and UCAM software.
 
“The UK, Ireland and The Netherlands are important markets for us, so we have been looking for a dynamic partner who is well-established and well respected in these areas,” explains Karel Tavernier, managing director of Mania.
SAN JOSE, CA– Orbotech Ltd is one step closer to acquiring Photon Dynamics Inc. Since the June announcement of the $290-million deal, the only closing condition remaining is clearance from the Committee on Foreign Investment in the US. The waiting period is set the expire on September 29, but insiders expect a response sooner.

SOUTH PLAINFIELD, NJ– Michael Moore has joined the account management team at R&D Circuits, with direct sales responsibilities covering the East Coast region. Moore joins the company having spent the last 8 years developing and growing an ATE hardware design team at Teradyne.

ST. PETERSBURG, FL– Monika McGrath has joined the sales office for JetPCB where she will act as the point person for customers using the online ordering service. She joins the company with a strong background in sales and customer service.

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