Plexus Corp. (PLXS) recently announced an asset-based transaction with Germany-based Kontron AG, a leading provider of embedded computer technology. Under the terms of the agreement, Plexus will buy certain assets of Kontron Design Manufacturing Services (KDMS), a wholly owned subsidiary of Kontron AG, in Penang, Malaysia, for approximately $30.0 - $35.0 million.
Kontron will shift all m...
