Sanmina Corporation and SCI Systems Comment on EU Commission
SAN JOSE, Calif. and HUNTSVILLE, Ala., Sept. 21 /PRNewswire/ --
Sanmina Corporation (Nasdaq: SANM) and SCI Systems Inc. (NYSE: SCI), announced
that the European Commission has given clearance regarding the merger and has
advised Sanmina and SCI that it will not take any action to oppose the merger.
About Sanmina
Founded in 1980, Sanmina (www.sanmina.com) provides a cost-efficient,
design and manufacturing solution to the world's leading original equipment
manufacturing (OEMs) in the communications, medical, industrial
instrumentation, and high-end computer sectors. Sanmina's end-to-end solution
includes design engineering and product development, new product introduction,
global materials management, PCB and backplane fabrication and assembly,
custom memory and DSP modules, enclosure systems, cable assembly, complete
system integration and test, global order fulfillment and distribution, and
end-of-life product services. OEM's benefit from this model by dealing with a
single-source supply-chain and a global supply base which helps them achieve
cost efficiencies in material acquisition as well as flexibility to reduce
lead times.
About SCI
SCI Systems, Inc (www.sci.com) delivers supply chain solutions through its
global reach, dedication, quality, efficiency and total commitment to customer
service. The company continues to pioneer new and innovative end-to-end
services through its commitment to being the leading e-enabled EMS services
provider. SCI -- the e-EMS Company is dedicated to providing manufacturing and
related services to the new millennium. SCI is publicly traded on the New York
Stock Exchange under the symbol SCI. SCI operates 49 facilities located in
19 countries. SCI employs more than 35,000 people.
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SOURCE Sanmina Corporation
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