Flextronics Posts

Elementum raises $44 million

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Elementum is a mobile supply chain software company that has raised $44 million in Series B funding. Lightspeed Venture Partners and Flextronics were the investors in this round. Elementum is a cloud-based service that offers analytics related to shipping, costs, and other real-time data. Elementum has raised over $60 million in funding thus far.

Flextronics International Ltd. (FLEX) To Hire 1,700 Austin Workers For Next Gen Computer

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Flextronics International Ltd. (NASDAQ:FLEX) is going to hire 1,700 workers in Austin, Texas to build a “next generation computer.”  Flextronics did not reveal what the computer is, but we can assume that it will be the redesigned Mac Pro.

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Flextronics Acquires Michigan-Based Auto Supplier Saturn Electronics

Flextronics has announced that they have acquired Saturn Electronics & Engineering Inc., a supplier of manufacturing services, solenoids, and wiring for the auto, appliance, consumer, and energy markets.  Based in Rochester Hills, Michigan, Saturn Electronics & Engineering reported over $300 million in annual revenue.

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