3M to acquire Siemens Ultrasound's Flexible Circuit division

Manufacturing News, Source : TheManufacturer.com
Published : 15 Dec 2005 20:32

3M announced it has entered into an agreement to acquire the Siemens Ultrasound Division's flexible circuit manufacturing line.

This manufacturing line of the Siemens Ultrasound Division produces flexible interconnect circuits that provide electrical connections between components in electronics systems used primarily in the transducers of ultrasound machines. "Adding Siemens' flexible circuits expands 3M's business in the ultrasound and medical imaging markets," said Frank R. Little, division vice president, 3M Electronic Solutions Division (3M Electronics).

3M Electronics is a provider of flex circuits used in medical devices and diagnostics, printer, and cell phone applications, as well as many other products for the electronics industry."We see strong technical synergies with 3M," said Bob Froehlich, director of operations at the Canoga Park facility. "Together we will expand the businesses beyond the current customer base."

The transaction is expected to close by the end of 2005, subject to customary closing conditions. The facility employs 56 people and will remain in Canoga Park, CA, as part of 3M Electronics.

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