TTM Technologies, Inc. Announces Sale of Viasource to Linkage Technologies, Inc.
TTM Technologies, Inc. (TTMI)
Last ttm technologies, inc. earnings: 4/29 04:05 pm
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Source: GlobeNewswire
COSTA MESA, Calif. and LAS VEGAS, March 04, 2019 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components manufacturer, and Linkage Technologies, Inc. (“Linkage”), a Nevada company, today announced the sale of TTM’s “Viasource” PCB broker service to Linkage for an undisclosed amount. TTM does not expect any material impact to its financials as a result of this transaction. Viasource became part of TTM with the Viasystems acquisition in 2015. Outsourcing the PCB manufacturing process is not a core focus for TTM. However, TTM determined that it needed to find a solution that would ensure that our 100+ Viasource customers’ business would not be interrupted. Doug Soder, Executive Vice President and President of TTM’s Commercial Sector, said, “We firmly believe that this divestiture, which is being conducted with a known and trusted management team, is the best solution for TTM and its customers.” Lin
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- 3/15/24 - Form DEF
- 3/15/24 - Form DEFA14A
- TTMI's page on the SEC website