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Jul. 16, 2002

SOLECTRON FORKS OVER $70 MILLION IN CASH DEAL

Solectron Corp. has acquired Magnetic Data Technologies in a cash deal that closed June 11. The deal was worth $70 million. Milpitas-based Solectron makes electronic systems for computers, consumer electronics, networking equipment and chip manufacturing gear.

        Solectron Corp. has acquired Magnetic Data Technologies in a cash deal that closed June 11. The deal was worth $70 million.
        Milpitas-based Solectron makes electronic systems for computers, consumer electronics, networking equipment and chip manufacturing gear.
        Goleta's Magnetic Data provides after-sales services, like repairs...

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