| 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.
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