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Delta to Acquire Electronics Manufacturing Automation Specialist Universal Instruments.

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Vincent

MANews-(C)2009-2021

Taipei-based smart energy-saving solutions Delta Electronics, Inc, through its Delta International Holding Ltd. B.V. subsidiary has acquired UI Acquisition Holding Co., owner of Universal Instruments Corp. and its worldwide branches and subsidiaries for an estimated amount of USD 88.9m, the company said.

Universal Instruments, a leader in precision automation solutions for smart manufacturing, boasts a lineage of over 100 years and provides precision automation solutions to world-leading customers in a range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion.

The transaction is expected to generate substantial synergies by leveraging both companies' R and D and global customer base and to strengthen Delta's smart manufacturing capabilities for the electronics industry.

Throughout its 100-year history, Conklin, NY-based Universal Instruments has devoted itself to technological innovation and development, reflected in its 500+ patent portfolio and close to 30,000 systems delivered to date.

The company offers Precision Automation solutions for advanced applications requiring high accuracy, high-speed handling, assembly, and inspection.

In addition, Universal Instruments developed its Advanced Process Lab platform, which...

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