Amphenol Announces Purchase of Teradyne's Aerospace Defense Connector and Backplane Business.Business Editors WALLINGFORD, Conn.--(BUSINESS WIRE)--June 6, 2001 Amphenol Corporation (NYSE-APH) announced it has signed an agreement for the purchase of Teradyne, Inc.'s (NYSE-TER) Aerospace Defense connector and backplane An interconnecting device that has sockets for printed circuit boards to plug into. Passive and Active Although resistors may be used, a "passive" backplane adds no processing in the circuit. business. The Aerospace Defense business, part of Teradyne's Connections Systems Division, designs and manufactures connectors and backplane assemblies for aerospace and defense applications. In 2000, the Aerospace Defense business had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately $26 million. The acquisition will further strengthen Amphenol's leadership position as a supplier of aerospace interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. systems. The transaction is expected to close later this month. Amphenol Corporation is one of the world's leading producers of electronic and fiber optic connectors, cable and interconnect systems. Amphenol products are engineered and manufactured in the Americas, Europe and Asia and sold by a worldwide sales and marketing organization. The primary end markets for the Company's products are communication systems for the converging technologies of voice, video and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , including wired and wireless internet and broadband networks  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , and industrial, automotive and aerospace applications. |
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