Delta Electronics to buy US firm amid expansion push
Power and thermal management solutions provider Delta Electronics Inc (台達電) on Saturday said it would acquire US-based Universal Instruments Corp for US$88.9 million. Taking over the precision automation solutions company would boost Delta’s smart manufacturing and industrial automation capabilities, and generate substantial research-and-development and customer base synergies, the Taipei-based firm said. “Universal Instruments has a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial aut...
Source: taipeitimes.com