Under the terms of the agreement, Desco will acquire patents, designs, inventory, tools and equipment and company brand names. Anaheim, CA- based SPI does business under the name SPI Westek.
In a press statement Wayne Hunter, president of Desco, commented that the acquisition of SPI would enhance Desco's range of ESD solutions.
Tom Seratti, president of SPI Westek, will join Desco.
The mission is aimed at business executives seeking to develop familiarity with the Indian electroindustry supply base and market, acquire firsthand knowledge of emerging business practices and establish contact with key business and government officials.
NEMA is arranging meetings with the U.S. Commerce Department officials, the Indian Ministry of Commerce and Industry and other local officials. The trade group will also attend various engineering conferences and manufacturing sites.
Commitments are due Jan. 10; www.nema.org/media/pr/upload/india-commitment.pdf.
Fabrinet will add equipment for laser diode attachment and thermosonic ball and stitch wire bonding from Palomar Technologies, the companies said today.
The equipment will be installed in Fabrinet's manufacturing facilities in Bangkok.
"Fabrinet is one of a very few EMS companies capable of the precision manufacture in high volume of complex components such as those in the optics, optomechanical, and optoelectronic industries," said Bruce W. Hueners, Palomar vice president of marketing and business development, in a statement.