| Founded | 2001 |
|---|---|
| Founder | Terry Matthews |
| Owner | Sanmina-SCI |
The nameBreconRidge was based on the practice of founderTerry Matthews to name companies after geographic entities, especially those connected to his childhood home in theMarches area on the border ofWales andEngland. BreconRidge was derived from theBrecon Beacons range of mountains in Wales, and from the seed company Ridgeway Research Corporation.[1]
Acquired/Merged
On May 28, 2010, BreconRidge Corporation, based in Ottawa, Ontario, was acquired by California's Sanmina-SCI (NASDAQ: SANM), a top provider of electronics manufacturing services. The acquisition, worth $53 million, aims to enhance Sanmina-SCI's RF/microwave and micro/opto-electronic capabilities by integrating BreconRidge's advanced design and engineering team along with their cutting-edge manufacturing operations. Fasken Martineau advised BreconRidge and its board during the sale, with a team led by Brian McIntomny and including Bob Chapman, Charles Lynch (securities, corporate/M&A), Anthony Baldanza, Mark Magro (competition), and student-at-law Jason Tsoukas.[2]