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Test OEM Aeroflex latest Francisco purchase.


PLAINVIEW Plainview.

1 Uninc. city (1990 pop. 26,207), Nassau co., SE N.Y., on Long Island. It is chiefly residential.

2 City (1990 pop. 21,700), seat of Hale co., NW Tex., on the Llano Estacado; inc. 1907.
, NY -- A pair of private equity firms have agreed to purchase test equipment maker Aeroflex Inc. (aeroflex.com) in a deal worth about $1 billion. General Atlantic and Francisco Francisco may refer to:
  • Francisco Pizarro, a Spanish conquistador
  • Francisco d'Anconia, a character in Ayn Rand's novel Atlas Shrugged
See also
  • Francis
  • Francesco
 Partners (franciscopartners.com) said they would purchase the company, subject to standard stockholder approval and closing conditions.

The deal contains a "go shop" provision under which Aeroflex may solicit other offers through April 18. However, Aeroflex would have to pay fees of up to $37 million to call off the deal.

Aeroflex, a global provider of high-technology test, measurement and microelectronic The miniaturization of electronic circuits. See chip.  products, offers a strong platform, track and service record, said Dipanjan Deb, cofounder co·found  
tr.v. co·found·ed, co·found·ing, co·founds
To establish or found in concert with another or others.



co·found
 and managing partner at Francisco.

For Francisco Partners, it would be the second major electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing
Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors.
 acquisition in a year. Last fall, the firm acquired Vitronics-Soltec, Universal Instruments, and Hover-Davis; certain segments of the latter two units have since been merged and renamed Unovis.

Edited by Mike Buetow
COPYRIGHT 2007 UP Media Group, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Industry NEWS
Comment:Test OEM Aeroflex latest Francisco purchase.(Industry NEWS)
Author:Buetow, Mike
Publication:Circuits Assembly
Date:Apr 1, 2007
Words:152
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