Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

Details: Written by Staff; Category: Fab News; Published: 11 September 2008

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.

Details: Written by Staff; Category: Fab News; Published: 10 September 2008

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.

Details: Written by Staff; Category: Fab News; Published: 10 September 2008

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.

Details: Written by Staff; Category: Fab News; Published: 09 September 2008

MUNICH, GERMANY -- FineLine Technologie will handle the full range of Mania Belgium’s PCB products, the SilverWriter and calibr8tor series of laser photoplotters, the UCAM family of front-end software, the integr8tor PCB sales solution and the recently introduced SmartPlate software for reliable plating in Germany, Austria and Switzerland.

The new partnership will commence on September 1, 2008. Support and Service for these products will continue to be provided from Mania Belgium’s European Support Center in Gent.

Karel Tavernier, Managing Director of Mania Belgium said: "We are very pleased to be working again with the two directors of FineLine Technologie, Richard Wagner and Achim Weeder. Together they were responsible for the highly successful sales of our photoplotter and software products in the German-speaking market for many years prior to setting up their own company. Both are well known and respected in the PCB industry."

TAIWAN– Many manufacturers of handset components reported a strong growth in revenue for August, and sales are predicted to continue to improve in September. Ichia Technologies’ consolidated revenues ended the month with a new high of NT$828 million (US$26 million), up 5.1% from July figures. YTD August revenues were NT$5,197 ($1651.86 million) up 14.2% on strong flex PCB sales.

FRANKFURT, GERMANY -- ESO Capital Group (“ESO”) has completed the acquisition from the Administrators of Mania Technologie AG, Mania Deutschland GmbH and Mania Entwicklungsgesellschaft mbH. The divisions acquired include the Outsourcing Business of the Mania Group ("Mania") in the United States of America, Canada, Japan, Taiwan, Hong Kong, China and Singapore, the Software and Plotters Businesses of Mania Belgium NV (the “Business” or “New Group”). Completing these acquisitions removes these businesses from the insolvency proceedings. A name for the New Group will be announced shortly.

The New Group holdings includes 500 jobs. The New Group is well capitalized, unlevered and financially sound. ESO will continue to work closely with management to resolve outstanding issues resulting from the insolvency of Mania.