September 29, 2004 – Discrete semiconductor manufacturer Vishay Intertechnology Inc., Malvern, PA, has acquired the MIC Technology thin-film interconnect operations of Aeroflex Inc., Plainview, NY, for $8.8 million.
The Pearl River, NY-based business develops single- and multiple-substrate thin-film products, with fiscal 2004 sales of approximately $11 million. Aeroflex CFO Michael Gorin said the transaction would be “essentially breakeven” to the company.