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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events  
Subsequent Events

 

Note 14—Subsequent Events

 

On January 8, 2016, pursuant to a Purchase Agreement dated July 17, 2015 and as amended on December 31, 2015, by and among the Company and Bain Capital, the Company acquired all of the share capital of FCI Asia Pte Ltd (“FCI”) for an aggregate purchase price of approximately $1,179, net of cash acquired (subject to closing adjustments), which was funded by cash, cash equivalents and short-term investments on hand that were held outside of the United States.

 

Headquartered in Singapore, FCI, a global leader in interconnect solutions for the information technology and data communications, industrial, mobile networks, automotive and mobile devices markets, will be reported as part of the Company’s Interconnect Products and Assemblies segment.  As this is a recent acquisition, the required financial information needed to complete the initial purchase price allocation of all of its tangible and identifiable intangible assets and liabilities, as well as the required supplemental pro forma results of the combined entity, is incomplete.  The preliminary amounts recognized for all assets acquired and liabilities assumed as of the acquisition date and other required pro forma disclosures of the combined entity will be disclosed in the Company’s Form 10-Q for the quarter ending March 31, 2016.