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Elcoteq named as manufacturing partner to Cellon

Posted: 31 Oct 2003 ?? ?Print Version ?Bookmark and Share

Keywords:elcoteq network? cellon? electronics manufacturing services? EMS?

EMS company Elcoteq Network Corp. and Cellon Int., a wireless design and development house, have reached an agreement that will position Elcoteq as a preferred manufacturing partner to Cellon.

As a result of the agreement, Elcoteq and its customers will have access to both companies' expertise, including Cellon's 600 engineers at its design centers in LeMans, France; Beijing and Shenzhen, China; Vancouver, Canada as well as Elcoteq's Design Center of 120 engineers in Salo, Finland.

In addition to the cooperation agreement, Elcoteq became a shareholder in Cellon. Elcoteq invested USD 12.5 million in Cellon's shares. The parties have also agreed that Elcoteq will have its representative on Cellon's board of directors.

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