Fab News

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ENDICOTT, NY - Endicott Interconnect Technologies, Inc. (EI) recently fabricated the PCB that won one of the Mentor Graphics Technology Leadership Awards in 2007. The design comes from the IBM Zurich Research Laboratory (ZRL) and designer Peter Dill.  
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SAN JOSESanmina-SCI today said its first-quarter fiscal 2008 revenue would be $2.53 billion, in line with previous guidance of $2.5 billion to $2.65 billion.
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YAVNE, ISRAEL – Software provider Valor Computerized Systems plans an initial public offering of ordinary shares, according to a Securities and Exchange Commission filing.

The company did not disclose the expected size or price range of the IPO, but indicated the planned March offering may net up to $80.5 million.

The company plans to offer $50 million of shares, while shareholders will make an offer to sell of up to an additional $20 million of their shares and underwriters will be granted options for an additional $10.5 million worth of shares.

For the nine months ended Sept. 30, Valor's earnings were $2.2 million on revenue of $31.4 million.

Valor, currently traded on the Frankfurt Exchange, said its new symbol will be "VLOR."

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CHICAGO - Tapco Circuit Supply announced that it has acquired the PCB division of H.A.M Technology USA. According to Tapco president Kurt Palmer the acquisition is part of the company’s North American investment strategy. H.A.M. Technology is a supplier of drill room products including drill and router bits.

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