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News 05 Jun. 2007
Flextronics International Ltd. announced today the signing of a merger agreement to acquire Solectron Corporation in a stock and cash deal valued at over $3.6 billion. The combined company will have annual revenues of more than $30 billion, operations in 35 countries and a combined workforce of approximately 200,000 employees, and will combine Flextronics's vertical integration and ODM capabilities with Solectron's strengths in high-end computing, communications and networking infrastructure. Following completion, Flextronics will be the premier global provider of advanced design and vertically integrated electronics manufacturing services. The closing is expected to occur at the end of 2007 and is subject to shareholder and regulatory approvals and other customary closing conditions. The Curtis team on this matter includes Jeffrey N. Ostrager, Valarie Hing, Jeffrey Zuckerman, Evan Borenstein, Eduardo Cukier, Andrew Otis, John Nielsen, Eric Stenshoel, Danny Phillips, Doug Glazer, Olga Beloded and Veronique Hodeau.
The Firm's representation of Flextronics was covered in publications including The Deal, PR Newswire and Mergerstat Review.
Mergers and Acquisitions
Olga R. Beloded
Partner
Douglas Ian Glazer
Valarie A. Hing
Eric Stenshoel
Counsel
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