Ethertronics Inc., a leading provider of standard and customized
embedded antenna solutions for wideband and multi-band wireless
devices, today announced that it has acquired Flextronics´ design
center located in Kalmar, Sweden. The acquisition and subsequent
renaming as Ethertronics Sweden AB, is part of Ethertronics´ expansion
plan in Europe and will enable the company to better serve the global
manufacturing marketplace.
As part of the transaction, Ethertronics acquired the facility´s
lab and design center as well as approximately 10 engineers. Acquiring
the existing engineering talent paves the way for a seamless
transition, as many of the existing customers and their respective
projects are migrating over to Ethertronics.
"This acquisition is a natural fit for our global expansion plans
and further cements Ethertronics´ presence in the world´s primary
technology centers throughout Asia, the U.S., and Europe," said
Jeffrey Crosby, president and chief executive officer of Ethertronics.
"In addition to being located near key customers and in burgeoning
wireless markets, this acquisition gives us instant access to an
experienced team and well-equipped facility. We look forward to
immediately continuing work on existing projects at the Kalmar
facility and to initiating new deals in the coming months."
Ethertronics Sweden AB is located at Bredbandet 1, Varvsholmen,
SE-392 30 Kalmar, Sweden.
About Ethertronics
Ethertronics (www.ethertronics.com) designs and manufactures
high-performance standard Savvi(TM) ceramic antennas and customized
Prestta(TM) stamped-metal embedded antenna solutions for wideband and
multi-band wireless devices. Ethertronics´ antennas incorporate its
patented Isolated Magnetic Dipole(TM) (IMD) technology. The company
has an installed base of nearly 100 million units, and a global
network of design and manufacturing centers.
(C) 2008 Ethertronics. All rights reserved. Ethertronics, the
Ethertronics logo, shaping antenna technology, Prestta, Savvi,
Isolated Magnetic Dipole and IMD are trademarks of Ethertronics. All
other trademarks are the property of their respective owners.