Meiko Electronics to acquire NEC Embedded Products from NEC Corporation for $82m.

Meiko Electronics, a manufacturer and designer of printed circuit boards, agreed to acquire NEC Embedded Products, a electronics application equipment manufacturer, from NEC Corporation, a Japanese multinational information technology and electronics corporation, for $82m. "In order to expand the EMS business, going forward, the Company will promote collaboration between the electronic PCBs business and the EMS plants in Vietnam conducting development, design and mass production. Furthermore, the Company will work on building a system that can respond promptly to all needs, including for mass production and small- to medium-lot orders, by managing EMS factories in Japan and implementing inhouse evaluation and prototype development. We strive to provide our customers with the maximum level of services to further enhance the corporate value of the Group," Meiko Electronics.