Advertisement

DDi Corp. to Acquire Britain’s MCM for Stock

Share
Bloomberg News

DDi Corp., an Anaheim designer of circuit board prototypes, said Wednesday it agreed to acquire MCM Electronics Ltd. for about $86 million in stock to increase its presence in Europe. MCM Electronics, formed last July in a management buyout of Symonds Plc, makes circuit boards and other products for Alcatel, Rotork Plc and other companies.

The British company, which will become a unit of DDi, had about $58 million in revenue last year.

Advertisement