| ASM Completes Siemens Placement Unit Acquisition |
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| Written by Mike Buetow | |||
| Monday, 10 January 2011 09:15 | |||
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HONG KONG -- ASM Pacific Technology has completed its acquisition of Siemens AG’s SMT placement machine unit. The Siemens Electronics Assembly unit, also known as Siplace, will operate as a business unit under the name ASM Assembly Systems. The Siemens group has 1,200 employees, about 700 employees at its Munich headquarters, with CEO Günter Lauber and COO Günter Schindler remaining in their roles. Transfer of legal ownership of the unit in China will be deferred pending official approval of the transfer of ownership by the Chinese authorities.
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Ultra thin double coated tapes are for bonding and attaching components and assemblies where high dielectric strength is required. REACH and RoHS compatible. Come in polyimide (PI) and polyester...
