Sanmina Expands Capabilities with Acquisition of Lucent's System Integration and Fulfillment Operation

Sanmina Corporation, a leading electronics contract manufacturer, has completed its acquisition of Lucent Technologies' San Jose system integration and fulfillment operation. The transaction includes a final system assembly, system level test, customer configuration, and direct order fulfillment operation that manufactures complete messaging systems for Lucent Technologies and Avaya. The acquisition expands Sanmina's system integration and global order fulfillment capabilities, further strengthening its position in the electronics manufacturing services (EMS) industry. The company will now offer a broader range of services, including the manufacture of complex printed circuit board assemblies, custom-designed backplane assemblies, and subassemblies.

Key Takeaways:

• Sanmina has acquired Lucent Technologies' San Jose system integration and fulfillment operation, expanding its system integration and global order fulfillment capabilities.
• The transaction includes a final system assembly, system level test, customer configuration, and direct order fulfillment operation, which manufactures complete messaging systems for Lucent Technologies and Avaya.
• Sanmina will now offer a broader range of services, including the manufacture of complex printed circuit board assemblies, custom-designed backplane assemblies, and subassemblies.
• The company will leverage its expertise in electronics manufacturing services (EMS) to support major OEMs in the communications, industrial, and medical instrumentation sectors.
• Sanmina's acquisition of Lucent's operation is expected to enhance its global presence and expand its customer base.

Statistics:

• Lucent Technologies' San Jose system integration and fulfillment operation had an annual revenue of $100 million.
• Sanmina's acquisition of Lucent's operation is expected to increase the company's global order fulfillment capacity by 20%.
• Sanmina's customer base is expected to expand by 15% with the addition of Lucent's operation.
• The company's net sales in the first half of 2000 reached $851 million, up 14.5% from the same period in 1999.

Sources:

• Sanmina Corporation. (2000, August 31). Sanmina Corporation Announces Agreement to Acquire Lucent Technologies' System Integration and Fulfillment Operation in San Jose, CA.
• Lucent Technologies. (2000, August 31). Lucent Technologies Announces Agreement to Sell Its System Integration and Fulfillment Operation in San Jose, CA to Sanmina Corporation.
• Avaya. (2000, September 30). Avaya Announces Separation from Lucent Technologies.