Flextronics to Acquire Solectron for $3.6 Billion

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Flextronics International Inc. entered a definitive agreement to acquire Solectron Corp. for about $3.6 billion in a deal that will create an electronics-manufacturing company with $30 billion in annual revenue

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The combined company will have about 200,000 employees, including 4,000 design engineers, and will operate in 30 countries.