Celestica plans multibillion-dollar buying spree

Article Abstract:

Celestica Inc., a manufacturer of electronic devices, intends to pursue an acquisition-driven growth strategy. The firm has expressed plans to purchase manufacturing facilities in South America, the Asian region as well as in the central portion of Europe. The move is part of the efforts of the company to capitalize on the tendency of telecommunications and computer firms to outsource the production aspect of their operations. The expansion reflects Celestica's commitment to improve revenues to $10 billion within the next three years.

Comment:

To pursue an acquisition-driven growth strategy in an effort to enhance revenues to $10 bil within next 3 years

Other Electrical Equipment and Component Manufacturing, Electronic Components, Celestica Inc., Article

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Media Synergy delivers on E-mail's promise

Article Abstract:

Media Synergy Inc of Toronto, Ontario, delivers large amount of e-mail messages for clients that want to send out newsletters, product information and advertising on the Net. Among its clients are CNet Inc, Microsoft Corp and investment firm Banc Boston Roberston Stephens. The company had a revenue of C$1.2 million in 1999, and is projecting revenues of C$7 million, C$35 million and $100 million in the FYs 2000, 2001 and 2002, respectively.

Wired Telecommunications Carriers, Electronic Mail Services, Email, Media Synergy Inc.

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