Proposed Merger between Flextronics International Limited and Solectron Corporation
|
Reference: |
400/005/07 |
|
Notifying Parties: |
Flextronics International Limited and Solectron Corporation |
|
Notifying Date: |
3 September 2007 |
|
Summary of transaction: |
PART 5
INFORMATION FOR THE CCS PUBLIC REGISTER
(TO BE COMPLETED BY THE APPLICANT(S))
1. The Applicants
Flextronics International Ltd
Solectron Corporation
2. Description of the merger
The transaction, announced on 4 June 2007, consists of the acquisition of Solectron Corporation (“Solectron”) by Flextronics International Ltd. (“Flextronics”). Flextronics and Solectron both provide electronics manufacturing services (“EMS”) to original equipment manufacturers (“OEMs”) in the communications, computing, industrial, automotive, medical, telecommunications and consumer markets around the world. EMS include a whole range of services involved in the production of electronic products, including product design, component selection and procurement, prototyping, product assurance, manufacture, assembly, testing, failure analysis, logistics, distribution and after-sales services.
Through the merger, Flextronics expects to achieve greater economies of scale and other efficiencies to realise significant cost savings, greater diversity in customer mix and the addition of complementary services.
3. Relevant good(s) or service(s) involved
Provision of EMS by and to OEMs. |
|
Consultation: |
Interested parties are invited to submit their views on the Application. When submitting confidential information, interested parties should take note of the procedures outlined in the CCS Guidelines on Merger Procedures.
Comments should reach the CCS no later than 17 September 2007. Please write or email your comments (titled: Comments on Flextronics/Solectron merger) to:
Post/Courier: Competition Commission of Singapore
5 Maxwell Road
#13-01, Tower Block
MND Complex
Singapore 069110
Attention: Director (Mergers Unit)
Email: ccs_mergers@ccs.gov.sg |
|
Decision: |
The proposed merger, if carried into effect, will not infringe the section 54 prohibition. |
|
Decision Date: |
2 October 2007 Click here for the decision. |