Benchmark Electronics (BHE) Reports In-Line Results; Needham & Company Cuts Price Target to $24

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Benchmark Electronics Reports Third Quarter Results

October 22, 2015 7:02 AM EDT

ANGLETON, Texas, Oct. 22, 2015 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the third quarter ended September 30, 2015.

Three Months Ended

Sep 30,

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Benchmark Electronics To Acquire Secure Technology

October 22, 2015 7:00 AM EDT

ANGLETON, Texas, Oct. 22, 2015 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that it has entered into a definitive agreement to acquire Secure Communication Systems, Inc. and its subsidiaries (collectively referred to as "Secure Technology" or "Secure"), a leading engineered products and solutions provider, for approximately $230 million in cash, on a debt-free, cash-free basis subject to a working capital adjustment.

Secure, headquartered in Santa Ana, California, is a leading provider of customized high performance electronics, sub-systems, and component solutions for mission critical applications in highly regulated industrial, aerospace and defense... More