Wyle Sells Test Operations

Wyle, an El Segundo, Calif.-based provider of tech and other services to military and civilian government agencies, has sold its Santa Clara, Calif. test operations to Silicon Turnkey Solutions, a Milpitas, Calif.-based test and qualification services company. No financial terms were disclosed. Wyle is a portfolio company of Littlejohn & Company.

PRESS RELEASE

Wyle has sold its Santa Clara test operations to Silicon Turnkey Solutions (STS), a leading-edge test and qualification services company based in Milpitas, Calif.  Terms of the transaction were not disclosed.

The business will operate under STS management as a new division called Hi-Rel Microelectronics. STS is engaged in a business that is highly complementary and synergistic to Wyle's Santa Clara test business.  

STS' familiarity with the business model and the industry will ensure a smooth transition and seamless continuity of operations for both customers and employees.

“We are pleased with STS as the acquirer of our Santa Clara Test Operations,” said Roger Wiederkehr, Wyle's vice president of corporate development. “We have come to appreciate STS as an entrepreneurial and innovative company with deep industry knowledge and experience. The combination of Wyle's Santa Clara test operations with STS will provide its customers with a comprehensive service offering with broad technical skills, strong engineering support and access to unique equipment and resources.”

The Santa Clara test operations serve the aerospace, military and commercial electronics industries offering comprehensive services for virtually any test requirement of integrated circuits, including memory testing, plastic screening and high-volume test support.

STS, a privately owned company, is a leading provider of complete in-house, manufacturing, testing, environmental screening and product design/qualification capabilities that integrates its engineering expertise in supplying latest technology with high reliability products along with test validation and characterization services.

Wyle, a privately held company, is a leading provider of high tech aerospace engineering and information technology services to the federal government on long-term outsourcing contracts. The company also provides life sciences services for NASA's astronaut corps as well as mission critical support including launch services and space simulation; test and evaluation of aircraft, weapon systems, networks, and other government assets; and other engineering services to the aerospace, defense, nuclear power, communications and transportation industries.