Solectron Acquires Cisco DWDM Facility

MILPITAS, Calif. -- Solectron Corporation (NYSE: SLR - message board), the world's leading provider of electronics manufacturing and supply-chain management services, said today it has acquired Cisco Systems, Inc.'s, Dense Wave Division Multiplexing (DWDM) multiplex, demultiplex, and optical add/drop module manufacturing capabilities located in Cisco's West Columbia, S.C., facility. Solectron expects to move the operation to the company's East Coast optical center of competence in Charlotte, N.C. As a result of the transaction, Solectron assumes full manufacturing, test and certain New Product Introduction (NPI) responsibility for Cisco's core DWDM multiplex, demultiplex, and add/drop optical modules for the next two years. Solectron will provide a full range of services to Cisco, consisting of optical assembly and test, which includes splicing and fiber handling; supply-base management; and in-warranty repair services.

"Solectron and Cisco have worked closely together for more than seven years and we are pleased to further expand this relationship to the fast growing optical-module market," said Dan Perez, Solectron's senior vice president of worldwide account management and marketing, and global account executive for the Cisco Systems account. "With this acquisition, we continue to build and strengthen our optical capabilities for our customers in the telecommunications and networking industry."