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The company offers manufacturing and design services within several markets including automotive, computing, consumer, industrial, infrastructure, medical and mobile. In addition, the company operates five branded business units: Multek - a provider of multi-layer printed and flexible circuit boards, interconnect technologies and complex displays; Vista Point Technologies (VPT) - which offers camera modules for use in consumer devices and mobile phones; Global Services - which focuses on logistics, reverse logistics and repair operations; FlexPower - a provider of semi-custom and custom power supplies and battery chargers; and Retail Technical Services - a field services organization for customer operations. Flextronics has manufacturing operations in over 30 countries, totalling approximately 27.2 million square feet (as of March 2009). On June 4, 2007, Flextronics offered to purchase Solectron for US$3.6b and thus making Solectron a subsidiary of Flextronics. The acquisition of Solectron was completed by end of October 2007, earlier than anticipated. On March 18, 2009, Flextronics was invited to ring the NASDAQ stock market opening bell, signifying the day’s start of trading and celebrated 15 year NASDAQ-listed anniversary. Mike McNamara (CEO) and a group of top executives represented the company at the ringing of the bell. On August 25, 2009, Flextronics announced that it was chosen by LG Electronics (LGE), a global provider of advanced digital products and applied technologies, to manufacture 19, 22, 26, 32, and 37-inch LCD TVs at its Juarez, Mexico facility for distribution to the North and South American markets. On September 2, 2009, Flextronics announced that Multek received Danaher Test and Measurement's 2009 Outstanding Supplier Award. The award was given based on quality, delivery performance, engineering support and cost for work with two of Danaher's business units, Tektronix and Fluke. On September 15, 2010, Flextronics announced that it had been chosen by Brammo, Inc., a global leader in the electric motorcycle business, to be its manufacturing partner for the production and distribution of plug-in electric motorcycles and components. The partnership represented an expansion of Flextronics' Automotive Division's portfolio for battery powered vehicles and complemented its expertise in high voltage and energy recuperations for the automotive market. |