In another move to expand its service offerings, Solectron Corp. Monday said it would acquire Americom Wireless Services, which handles cell-phone repair and customer service.
Solectron, the world's largest contract electronics manufacturer, said it would acquire Americom's repair and refurbishment centers in Los Angeles; Louisville, Ky.; Dallas; and Baltimore. The 15-year old privately held company is based in Lutherville, Md.
"With this acquisition, Solectron establishes a focus on the wireless industry to provide a complete range of integrated service offerings to our customers in this strategic market," said William E. Mitchell, Solectron's president of global business services.
Indeed, Solectron and other major CEMs have made a huge push into the wireless telecom market in the last three years. Nearly all the major handset providers outsource manufacturing to Flextronics, Jabil, Solectron, and others.
Financial terms of the deal were not disclosed. The acquisition is expected to be completed by May.
As part of the deal, Solectron, based in Milpitas, Calif., will offer employment to 1,000 Americom workers.