Thursday, December 31, 2009

DDi Completes Coretec Buy

Anaheim-based DDi Corp., a provider of printed circuit board engineering and manufacturing, said Thursday that it has completed its acquisition of fellow PCB manufacturing firm Coretec. The deal was worth CDN $25.2M, made up of $7.4M CDN in cash plus assumption of CDN $17.8M of Coretec's debt. DDi said it would buy Coretec in October.