ENP Newswire -
Release date- 12082014 -
Delixing/Sibas is a privately owned manufacturer of heavy duty connectors used in machinery equipment, factory automation, power management and railway applications. Delixing/Sibas, which generated revenues in 2013 of$10 million, was established in 1998 and is located in
'The acquisition of Delixing/Sibas positions TE to capitalize on revenue growth opportunities by increasing our market presence in
TE has had a long-term commitment to
This release contains certain 'forward-looking statements' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements.
All statements contained herein that are not clearly historical in nature are forward-looking and the words 'anticipate,' 'believe,' 'expect,' 'estimate,' 'plan,' and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law.
The forward-looking statements in this release include statements addressing our future financial condition and operating results.
Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, business, economic, competitive and regulatory risks, such as conditions affecting demand for products, particularly in the automotive industry and the telecommunications networks and consumer devices industries; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations and the possible effects on us of changes in tax laws, tax treaties and other legislation.
More detailed information about these and other factors is set forth in
Tel: +1 610 893 9689
Tel: +49 6151 60 73137
Tel: +1 610 893 9790
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