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Solid State plc announced a 3-year contract to supply optoelectronic modules to a leading UK instrumentation company, awarded to its Pacer business unit. Approximately $1.7 million will be recognized in the first year.
Solid State, an AIM-listed manufacturer and distributor of electronic components, acquired Pacer Technologies and its subsidiaries Pacer Components and Pacer USA. The acquisition complements Solid State's distribution and custom design capabilities.