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Meyer Burger divests its wafering business to Precision Surfacing Solutions

Meyer Burger Technology Ltd (Thun, Switzerland) recently announced that it will sell its photovoltaic and specialised materials (e.g. semiconductor and sapphire glass industries) wafering equipment and service business to Precision Surfacing Solutions (PSS) (formerly Lapmaster Wolters Ltd), a global supplier of equipment and services for surface enhancement technology. As part of the transaction, significant parts of Meyer Burger’s current production facilities in Thun as well as around 100 employees involved in the wafering technology portfolio in Thun and the relevant service locations worldwide will also be transferred to PSS.

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Revathi Advaithi, new CEO at Flex (photo: Flex)

Flex appoints new CEO

Flex (San José, California), a sketch-to-scale solutions provider that designs and builds intelligent products globally, announced that Revathi Advaithi, 51, has been named CEO and appointed to the board of directors at Flex.

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Smartrac and Sasken are forming a new alliance in IoT technology (photo: Lorenzo Cafaro, pexels.com)

Smartrac and Sasken announce IoT solutions alliance

Smartrac Technology Group (Amsterdam, The Netherlands), a global market leader in RFID products and IoT solutions, and Sasken Technologies Ltd. (formerly Sasken Communication Technologies Ltd.; Bengaluru, India), a leading product engineering and digital transformation services provider, announced a strategic technology partnership for IoT solutions.

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