Aiming for HF Market, Wus Takes Stake in Schweizer

摘要

Wus Printed Circuits has struck a deal to acquire a 4.5% stake in Schweizer Electronic for an undisclosed sum. The two fabricators have been engaged in an exclusive, long-term strategic partnership for the development and production of high-frequency PCBs. "By acquiring this equity stake, Wus underpins its strong strategic interest in Schweizer's business," the companies said. "This step strengthens Schweizer's partner network even further and expands the company's access to a profound internal high technology innovation pipeline." "Only less than three months ago, Schweizer and Wus agreed on their exclusive, long-term strategic partnership, which allows us and our customers access to further HF production capacities in Asia," said Dr. Marc Schweizer, CEO of Schweizer Electronic. "We are very pleased about this capital transaction since it enhances WUS' strong interest in exploiting the business opportunities for HF PCBs on the global automotive market together with Schweizer.