Jabil Circuit (JBL) Completes Acquisition of Telmar Network

Jabil Circuit, Inc. (NYSE: JBL) has completed its acquisition of Telmar Network Technology, Inc., a global provider of complex reverse logistics, repair services, technical support, and spare parts management solutions for communication network service providers, enterprise and original equipment manufacturers worldwide. The definitive agreement was announced on August 25, 2011.

The combination of Telmar and Jabil will create an end-to-end, multi-vendor aftermarket services platform that connects the endpoints of networks for OEMs and network operators around the world. Together the two companies will provide turnkey network maintenance solutions for the entire communications network for consumer products such as cell phones and set top boxes, enterprise products including laptops, VoIP and wireless phones, and wireless and wireline infrastructures.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Real and RE/MAX Holdings receive court approval for merger
• Elroy Air wins $46M U.S. Army contract for cargo drone system
• Home Depot expands executive roles, grants $500K in restricted stock