News

PORTLAND, ORElectro Scientific Industries agreed to acquire privately held New Wave Research Inc. for $36 million in cash.

ESI will enter into the sapphire wafer scribing market with the purchase.

The acquisition of Fremont, CA-based New Wave is expected to be about breakeven in 2008, ESI said in a statement.
 
No other terms of the agreement were disclosed.

TOKYOSumitomo Bakelite, a major PWB material supplier, has reportedly increased prices for epoxy-based copper-clad laminates used in printed circuit boards.
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