Flextronics acquires WebRaiser technologies
February 13, 2007
Singapore-based electronics manufacturer Flextronics International Ltd. has acquiredWebRaiser Technologies, according to the Sacramento Business Journal.
Flextronics, which manufactures electronics for companies like Dell, Ericsson, Hewlett-Packard and Siemens, reported sales of $15 billion in 2006. The company operates factories on four continents and has approximately 99,000 employees. During the third quarter of fiscal year 2005/2006, the company announced profit that nearly tripled from the previous year.
WebRaiser Technologies, located in Sacramento, Calif., was established in 1997 to create "software for the self-service economy." The company's Vendi platforms power applications such as bill payment, photography, public Internet access and e-commerce.
WebRaiser's clients have included Burger King, Kaiser Permanente, Skechers and Paramount Pictures.