Excelsus acquires PCB manufacturer Spectrum Integrated Technologies
Excelsus Holdings has acquired Spectrum Integrated Technologies, a Malaysian printed circuit board (PCB) manufacturing company, for an undisclosed price.
The acquisition was carried out by Excelsus Holdings’ fully-owned Malaysian subsidiary Excelsus Technologies (M).
Spectrum Integrated Technologies’ PCB manufacturing services range from single-sided to complex multi-layer and burn-in boards.
The company was founded in 2011 following the acquisition of TPT Multiflex.
Excelsus acquires PCB manufacturer Spectrum Integrated Technologies. Photo courtesy of Michael Schwarzenberger from Pixabay.
Raja Manickam — Owner of Spectrum Integrated Technologies said: “We are thrilled that Spectrum is now in capable hands and we’re confident that our existing customers will get world-class service and support going forward.”
According to Excelsus Holdings, the main reason to acquire Spectrum Integrated Technologies is the growing customer concerns about the dependability and resiliency of the prevailing PCB supply chain.
Excelsus Holdings believes that Southeast Asia and in particular, Malaysia provide diversity outside of China with a dependable low-cost workforce while offering robust infrastructure and access to high quality logistics with Singapore Changi Airport, which is 40 minutes from Spectrum Integrated Technologies’ factory.
Mehul Dave — Chairman of Excelsus Holdings said: “We are excited and honored to acquire Spectrum so that we can offer a captive PCB factory to our customers while allaying their concerns related to diversifying our supply chain. Spectrum will become a core supplier for our global sourcing capability.”