Flextronics announced that it had acquired Saturn Electronics & Engineering, Inc. on December 3, 2012. Saturn supplied electronics manufacturing services, wiring and precision-engineered solenoids, with a significant share of its business serving automotive customers. Flextronics said the acquisition would expand its automotive energy-management and vehicle-electronics capabilities; its fiscal 2013 filing later recorded total purchase consideration of $208.7 million, including potential contingent consideration.
When did Flextronics acquire Saturn Electronics?
Flextronics announced the acquisition on December 3, 2012. The target was Saturn Electronics & Engineering, Inc., based in Rochester Hills, Michigan. The announcement did not disclose the deal’s financial terms. Flextronics’ announcement described Saturn as a supplier serving automotive, appliance, consumer, energy and industrial markets.
What did Saturn Electronics make?
Saturn was a business-to-business manufacturer and engineering supplier, not a consumer-electronics brand. Its offerings included electronics manufacturing services (EMS), wiring and high-precision engineered solenoids—electromechanical components used in applications such as vehicle systems.
Automotive was its largest reported market. A contemporaneous trade report put automotive at about 70% of Saturn’s revenue and reported 2011 revenue of $289.6 million. It also described six locations across the United States, Mexico, the Philippines and China. EE Times’ report said Saturn had 1,958 employees as of January 1, 2012; the report separately counted 66 local full-time employees and 231 employees throughout Michigan.
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- Package Includes: The product contains 5 different sizes of circuit boards, 10Pcs 2x8 cm, 10Pcs 3x7 cm, 5Pcs 4x6 cm, 5Pcs 5x7 cm, 2Pcs 7x9cm, 32Pcs in total, it is the standard tenth-inch (0.1") spacing
- Easy to Use: 4 mounting holes at the corners of the PCB boards are convenient for installing them together
- Compact Packing: Space-saving bag packaging, take little footprint
- High Quality: Our PCB board made of durable glass fiber FR-4 material with 1.6 mm thickness
- Wide Applications: Suitable for analog circuits and discrete circuits, DIY electronics projects and various DIP type components
How much did Flextronics pay for Saturn?
Flextronics’ fiscal 2013 Form 10-K recorded $193.7 million in initial cash consideration and up to $15.0 million in estimated potential contingent consideration, for total purchase consideration of $208.7 million. The contingent amount was potential consideration, not an additional confirmed cash payment. The filing provides the accounting figure; the acquisition announcement itself did not disclose terms. Flextronics’ fiscal 2013 Form 10-K
Why was the acquisition important to Flextronics?
Flextronics presented the deal as a way to broaden its automotive energy-management and vehicle-electronics capabilities. The strategic logic was to combine Saturn’s manufacturing expertise with Flextronics’ supply-chain capabilities, vertical integration and global scale. Flextronics said the combination could help customers bring products to market faster and reduce costs; those were stated expected benefits, not independently measured outcomes.
Rank #2
- Highest Cost Components Kit: It comes with more than 300pcs sensors and components for fun and simple electronic projects.
- Safe and Secure Pakcage: Resistors/LED/Transistors and Integrated Circuits are individually packaged and labeled, and well-stored in a sturdy box
- The Breadboard Power Supply come with a USB Power Cables,which is hard to find.
- Datasheet is available to download from our official website or you can contact our customer service.
- Not including the controller board.
Saturn’s automotive exposure and operations across several countries gave Flextronics both relevant vehicle-sector capabilities and an established manufacturing footprint. The announcement’s emphasis was on expanding services for automotive customers rather than acquiring a consumer-facing product line.
Quick Recap
Best Value
- 32 Boards In Five Sizes: Choose 4 × 6 cm, 3 × 7 cm, 5 × 7 cm, 2 × 8 cm or 7 × 9 cm boards for compact circuits, controller interfaces, classroom soldering exercises and larger point-to-point builds
- Double-Sided FR4 For Soldered Prototypes: Approximately 1.6 mm FR4 provides a rigid base for permanent electronics builds, while pre-tinned plated-through holes provide solderable connections accessible from both sides
- Standard 2.54 mm Grid Fits Common Through-Hole Parts: Lay out resistors, LEDs, DIP sockets, pin headers, terminal blocks, sensors and jumper wires on a 0.1 in pitch, then create each required connection with soldered leads, bridges or insulated wire
- From Breadboard Test To Permanent Build: Transfer a proven circuit into a compact soldered assembly for sensor nodes, controllers, alarms and STEM demonstrations; corner mounting holes help secure finished boards in enclosures or on panels
- Set Expectations Before Soldering: These are isolated-pad perfboards with no breadboard-style buses or stripboard traces, and the kit does not include components, wire, solder or tools; plan the layout and check continuity before applying power
Rank #4
- Highest Cost Components Kit: It comes with more than 400pcs sensors and components for fun and simple electronic projects.
- Safe and Secure Pakcage: Resistors/LED/Transistors and Integrated Circuits are individually packaged and labeled, and well-stored in a sturdy box
- The Breadboard Power Supply come with a USB Power Cables,which is hard to find.
- Datasheet and Tutorial are available to download from our official website or you can contact our customer service.
- Not including the controller board.
Rank #3
- 【PCB parameter】Holes quantity: 432; Thickness: 1.2MM; Diameter of the hole: 1.0mm appx; Hole space: 2.54mm.
- 【Material and size】 the base material is 94HB Bakelite Board; The PCB printed circuit board measures approx. 50 x 70 mm/ 1.97 x 2.76 inch.
- 【widely used】 the PCB prototype blank boards can be applied for sodering and welding LED diode, IC, DIP, connector, resistor, sensor, transistor and other electronic power components or devices with 1 inch pin spacing.
- 【Easy soldering】the prototype boards are thick, the single-sided PCB prototype stripboard is very handy and easy to solder components and sensors.
- 【What you get】You can get total 10 pieces single protoboard side copper strip circuit boards, enough to meet your design demands such as electronic experiments and DIY projects.
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