AKMMeadville Electronics completed the acquisition of five electronic components manufacturers from TTM Technologies for $550m.

AKMMeadville Electronics, an interconnect solutions provider, completed the acquisition of five electronic components manufacturers from TTM Technologies, an independent supplier of time-critical, technologically advanced printed circuit boards to original equipment manufacturers, for $550m. The companies acquired are Guangzhou Meadville Electronics, Shanghai Meadville Electronics, Shanghai Meadville Science & Technology and Shanghai Kaiser Electronics. The acquisition benefits AKM helping further develop business, increase future earnings, and growth of company's investment.