Extel Technologies Acquires US-Based Company, Synergetics Manufacturing
Extel Technologies has acquired Synergetics Manufacturing Inc, a leading advanced electronics company based in Monterey, California.
We are thrilled to share this exciting news with our valued partners, customers and the advanced electronics industry.
This strategic move marks a significant milestone for Extel as we expand our presence in the USA and strengthen our position as a global leader in advanced electronics solutions. Extel has held a longstanding presence in California and, as a critical aspect of our expansion plan, we have been diligently seeking the ideal business acquisition over several years to enhance our position.Â
Background of the acquisition
The decision to acquire Synergetics Manufacturing Inc was driven by our commitment to providing end-to-end advanced electronics solutions to our customers. By joining forces with Synergetics, we unlock a wealth of expertise, experience, and capabilities in electronics design, manufacturing, and lifecycle management services. This acquisition enables us to enhance our product offerings, improve customer support, and expand our logistics capabilities.
What it means for our customers
The acquisition has far-reaching benefits for both Extel Technologies and the industries we serve. Our Chief Business Officer, Jeff Thomas, played a crucial role in the search and due diligence of Synergetics.Â
With the combined strengths and resources of Extel and Synergetics, we can offer even more comprehensive solutions to our current and potential customers. This includes:
- Expanded footprint
- Geographical capability
- Enhanced supply chain
- Innovative solutions
- Streamlined processes
Additionally, our commitment to international quality standards ensures that our customers receive the highest level of reliability, performance and customer satisfaction. We can now offer our customers formal US accreditation capability, including:
- ISO9001
- ISO13485
- ITAR
Impact on the Contract Electronics Manufacturing sector
The acquisition of Synergetics Manufacturing Inc significantly strengthens Extel Technologies’ position in the advanced electronics sector. By combining our expertise and resources, we are poised to drive innovation, foster growth and maintain a competitive edge in the market. This acquisition opens up new opportunities for collaboration, research and development and the creation of cutting-edge solutions that will shape the future of our industry.
Key takeaway and press release
At Extel Technologies, our goal remains focused on our customers’ success. This strategic acquisition represents an exciting chapter, not only for us but also for our customers. We are committed to providing innovative solutions, impeccable service and unwavering support as we embark on this new phase of growth together.
We are thrilled to take this monumental step towards delivering on our vision to create a better future. You can find further information on the acquisition below:
About Extel Technologies
Extel Technologies is a global leader in advanced electronics solutions committed to delivering innovative and comprehensive services to its valued customers worldwide. With a focus on excellence and customer satisfaction, Extel is at the forefront of driving innovation in the advanced electronics industry. Extel provides advanced electronic product design, manufacturing and lifecycle management to a diverse range of industries who required precision manufacturing of advanced, high-reliability products.
About Synergetics Manufacturing Inc
Synergetics is a contract manufacturer for medical, military, homeland security, and industrial communities in the USA. For over 30 years, Synergetics has established a reputation for high-quality products and services, flexibility and responsibility to customers. Their services include quick turnaround, locally produced prototypes and advanced electronic manufacturing of both PCBA, box-build assemblies and full system-level testing. They are committed to solving the challenges facing the domestic electronics industry.
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