News

NEW YORK – Dow Chemical told analysts today its acquisition of Rohm and Haas would close in the early part of 2009. Financing for the $15.3 billion deal is in place and efforts to obtain regulatory approvals are ongoing, Dow CFO Geoffery Merszei said.

Speaking at the Credit Suisse Chemical and Ag Science Conference, Merszei said the company would seek to keep much of Rohm and Haas’ management. He added Dow would not seek other large acquisitions over the coming year as it absorbs Rohm and Haas.
VIENNA – An AT&S division has developed a GPS/AGPS module, thus breaking into the ODM market.
 
AT&S Solutions made the high sensitivity GPS/AGPS receiver module for Hitachi High-Technologies Europe.
 
AT&S Solutions handles hardware development and production, and printed circuit board assembly. Hitachi High-Technologies will market the modules through its worldwide distribution network.
 
The main uses are navigation systems, tracking systems and fleet management.

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