3M
has entered into an agreement to acquire the
Siemens UltrasoundDivision's flexible circuit manufacturing line in
. Terms of the transaction were not disclosed.
This manufacturing line of the Siemens Ultrasound Division produces flexible interconnect circuits that provide electrical connections between components in electronics systems used primarily in the transducers of ultrasound machines. Flexible circuits enable the miniaturisation and high-resolution imaging necessary for this technology.
The transaction is expected to close by the end of 2005, subject to customary closing conditions. The facility employs 56 people and will remain in
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