Tuesday, March 13, 2012
Stellar Microelectronics Acquired By Flextronics
Valencia-based Stellar Microelectronics, an electronics manufacturing services provider focused on the aerospace, defense, and medical manufacturing markets, has been acquired by Flextronics. Financial terms of the buy were not announced. According to Flextronics, the buy will help expand its service offerings in the aerospace, defense, and medical markets. Stellar Microelectronics has an annual run rate of just under $100 million, according to Flextronics.