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NEW YORK -- Dover Corp. last night said it discontinued seven businesses during its just-ended quarter, including five from Dover Technologies and one from Dover Electronics. The discontinued businesses include Universal Instruments, Hover-Davis, Vitronics Soltec and Alphasem.

DEK, the screen printer OEM, and Everett-Charles Technologies, the semiconductor and PCB test unit, and OK International were not among those companies put on the block.

In 2005, the five businesses had combined revenue of $580.2 million and earnings of $26.7 million. To-date this year the companies have joint earnings of $9.3 million on sales of $291.8 million.

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BINGHAMTON, NY -- Universal Instruments and Hover-Davis are about to be acquired, the companies said today in a press statement.

Without identifying the potential buyer, the companies said the prospective owners "are established businesses with strong track records in technology markets." 

 

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FREMONT, CA -- Three men robbed about $200,000 worth of flash memory cards from a local software company last Friday, police said yesterday.

The crime echoes an incident that took place recently in nearby Milpitas.

In the Friday incident, an Ampro Systems employee was in the company parking lot with nine boxes of computer memory cards he was about to unload. Two men accosted him, and stashed the boxes in a getaway car driven by a third man.

The car was identified as a light-blue or gray Chrysler Town and Country minivan with no license plates.

Two days earlier, at an unidentified high-tech business in Milpitas, two men were seen near the freight dock of the company. The men were apparently scared off by employees, police said. That indicident took place about 2:35 p.m. The car was described as a light-blue or gray van, which had the skull and crossbones on the back license plate area.

"They're possibly targeting this county and other counties,'' a police spokesman said.

TAIPEI -- Foxconn Electronics will produce more than one million notebook computers for Sony this year,  the majority share on the Japan consumer electronics outsourced PCs.

Asian media source DigiTimes reported sources at Taiwan notebook makers as saying that the electronics manufacturing services provider will produce more than half of Sony's outsourced orders in 2006.

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LONDON – The UK Department of Trade and Industry yesterday issued a timetable for implementing the WEEE Directive and “takeback” of electronics products by producers and distributors.

In a so-called Consultation Document, the DTI proposed a national distributor takeback program under which network of designated collection facilities would be established.

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Elektrotryck, said to be the largest PCB fabricator in Sweden, has declared bankruptcy. The company said a large increase in orders wasn't enough to avoid the filing.

"To survive through the summer holidays we needed a larger billing that we now have managed therefore we now have to take this step", Elektrotryck's owner and CEO Anders Björsell reportedly told an online journal. "Hopefully a solution can be found that would lead to that the business will continue which would be great for the Swedish industry."

Elektrotryck suppliers telecom equipment to Nordic OEMs. The company is said to supply about 25% of Sweden's bare boards. The company was founded 40- years ago.

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