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Product category: PC-Compatible Boards and Assemblies
News Release from: SBS Technologies
Edited by the Electronicstalk Editorial Team on 04 July 2003

Canadian acquisition improves SBS image

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SBS Technologies has completed the acquisition of Avvida Systems, a formerly privately held company located in Waterloo, Ontario, Canada.

SBS Technologies has completed the acquisition of Avvida Systems, a formerly privately held company located in Waterloo, Ontario, Canada The purchase price of the acquisition was $5.5 million, plus transaction costs, and was funded with a combination of existing cash and SBS stock