Greetings All,

Has anyone taken a look at Flextronics' recent 10Q? I was curious whether I would find any information pertaining to Flextronics' acquisition of Stellar Microelectronics, which closed April 9, and should be included in this 10Q. The report does not explicitly name Stellar, but states two acquisitions were completed during the period for a total of $61M. Does anyone else think this is low? Stellar reportedly had annual revenue of ~$100M.

http://investors.flextronics.com/phoenix.zhtml?c=98555&p=IROL-secToc&TOC=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDExMDQ2NTktMTItMDUyMTg3L3RvYy9wYWdl&ListAll=1&sXBRL=1

Copied from page 16 of the 10Q:

9. BUSINESS AND ASSET ACQUISITIONS

Business Acquisitions

During the three-month period ended June 29, 2012, the Company completed two acquisitions that were not individually, nor in the aggregate, significant to the Company's consolidated financial position, results of operations and cash flows. The total consideration, which was paid in cash for these acquisitions and earn outs related to certain prior period acquisitions amounted to $61.3 million. The total amount of cash acquired from these two acquisitions amounted to $80.1 million, resulting in net cash of approximately $18.8 million acquired from these acquisitions during the three-month period ended June 29, 2012. One of the acquired businesses expanded the Company's capabilities primarily in the medical and defense markets while the other acquired business will support the hardware product manufacturing needs of an existing customer in the technology industry. The Company primarily acquired cash, inventory and certain other manufacturing assets and recorded goodwill of $35.4 million in connection with these acquisitions.