Business
Celestica acquires Displaytronix
Celestica acquires Displaytronix.
About this update from Celestica Inc.
[{"type":"text","content":"\n\n\n\n\nAcquisition Adds Advanced Flat-Panel Repair Capability to Celestica's \nAfter-Market Services Offering\n\nTORONTO, Nov. 7 /CNW/ - Celestica Inc. (NYSE:CLS, TSX:CLS/SV), a world\nleader in electronics manufacturing services (EMS), today announced that it\nhas acquired Displaytronix, a leader in flat-panel display repair services.\nDisplaytronix serves the LCD and plasma flat-panel display market by\nproviding repair services for high-value flat-panel display devices such as\nnotebook computers, flat-panel monitors, high-definition televisions,\nhandhelds and other consumer devices. The company has strong customer\nrelationships and qualification certifications with leading original equipment\nmanufacturers (OEMs) and original design manufacturers (ODMs). This\nacquisition will enable Celestica to expand its service offerings in the\nrapidly growing flat-panel display market.\nDisplaytronix provides in-and-out-of-warranty support to both OEMs and\nODMs and has the capability to deliver high yields. The company's expertise\nincludes the repair, recovery and replacement of backlights and inverters;\ntape automated bonding (TAB); anisotropic-conductive film (ACF); and polarizer\nreplacement. The company's proprietary equipment set; approach to developing\ninterfaces and computer-based diagnostic tools ensure accurate problem\nresolution and quick turnaround.\n\"With Displaytronix's industry expertise and technical capability in \nflat-panel repair, Celestica will be able to provide full functional repair\nservices for LCDs and plasma flat panels, as well as complete support for both\nnotebooks and handheld devices,\" said Bert Pendergast, vice president, \nAfter-Market Services, Celestica. \"With the proliferation of flat-panel\ndisplays, this acquisition is strategic in the growth of our end-to-end, \nafter-market services offering.\"\n\"Combining our knowledge of the flat-panel market and our proprietary\ntechnology with Celestica's global after-market services capability, we will\noffer a competitive and compelling value proposition to our combined customer\nbase,\" said Bill Barber, president, Displaytronix. \"This is a positive move\nfor our company and we are happy to join the Celestica team.\"\nFrom total lifecycle cost management and world-class supply chain\nmanagement, through to fulfillment and after-market servi...