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July 14, 2008
R&D Circuits acquires Anestel
South Plainfield, NJ and Meridian, ID
James V. Russell, President of R&D Circuits and Darren Young, CEO of Anestel announces the merger of Anestel Corporation by R&D Circuits. Terms of the agreement were not disclosed.
"Why a merger? We saw two companies with adjacent products and similar manufacturing processes addressing the same market in high performance and fine pitch test applications" begins Young.
"Anestel’s technologies play an important role in the continued growth of R&D Circuits with their ConnectFlex™ brand interposers" states Russell. "They are a perfect complement to our board to board interconnect needs".
This merger will have minimal impact on existing customers and allows for continuity in critical customer service and engineering personnel. R&D Circuits expertise in PWB manufacturing will ensure the product continuity remains as well.
"Some of the benefits we expect our customers to realize are in the increased capacity in manufacturing, as well as the fact the R&D facility is ISO9000 certified", continues Young. "This will also be a gain to our customers by lowering our lead-times".
"Product continuity is our main focus at the outset and we are excited about this merger being a comprehensive solution for all our customers", said Russell. "We are energized about integrating sockets and test boards to create a reduced test cost and time to market, while increasing overall test performance".
Some additional benefits of the merger include added sales and technical support for both companies customers, including now, sales and applications offices with locations in
So. Plainfield NJ, Meridian, ID, Phoenix, AZ and Singapore.
Contact:
R&D Circuits
Thomas Bresnan
http://www.rdcircuits.com
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