PLEXUS CORP acquires e2E Corporation

PLEXUS CORP acquired e2E Corporation for Stock merger; Plexus issued 462,625 shares of common stock; ~$1.0 million merger costs expensed, a transaction completed in December 2000, structured as all stock (pooling of interests).

e2E Corporation operates in Printed circuit board design & engineering services, is based in Hillsboro/Portland, Oregon; Nashua, New Hampshire; San Diego; and other domestic design centers, United States. e2E Corporation, a privately held printed circuit board design and engineering service provider for electronic OEMs. The acquisition added more than 100 engineers/designers across seven domestic design centers, including Hillsboro, Oregon; Nashua, New Hampshire; and San Diego.

Expanded Plexus's product realization services by adding more than 100 engineers/designers across domestic design centers.

More than 100 engineers/designers across seven domestic design centers, deepening front-end product realization services. ~33,000 sq ft and ~127 employees; design centers in Portland, Oregon, Nashua, New Hampshire and 8 other small offices

On December 21, 2000, the Company acquired e2E Corporation through the issuance of 462,625 shares of its common stock. The transaction is being accounted for as a pooling of interests. Costs associated with this merger in the amount of $1.0 million have been expensed as required.Plexus Corp Q1 FY2001 Form 10-Q, Note 5 - Merger

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.