News

WebRaiser acquired by Flextronics

February 12, 2007

Singapore-based electronics manufacturer Flextronics International Ltd. has acquired WebRaiser 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. In a recent fiscal third-quarter report, the company announced a profit that had nearly tripled from the previous year.

WebRaiser Technologies, located in Sacramento, 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 and e-commerce. Its clients have included Burger King, Kaiser Permanente, Skechers and Paramount Pictures.