Acquiring Company
NEOTech
Acquired Company
Virtex
Description
NEOTech has acquired Virtex, expanding its operations to eleven facilities in the US. This acquisition enhances NEOTech's domestic manufacturing capabilities and strengthens its position within the defense sector. The combined workforce exceeds 2,500 employees. Financial terms of the deal were not disclosed.
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Based on deal dataFrequently asked
Who acquired Virtex?
Virtex was acquired by NEOTech, based in Chatsworth. The deal was reported on August 20, 2026. With more than 40 years of heritage in electronics manufacturing, NEOTech specializes in high-reliability programs in the Aerospace and Defense industry, Medical Products, and High-Tech Industrial markets. NEOTech is privately held and operates in Manufacturing.
When did NEOTech acquire Virtex?
NEOTech's acquisition of Virtex was reported on August 20, 2026. NEOTech has acquired Virtex, expanding its operations to eleven facilities in the US. This acquisition enhances NEOTech's domestic manufacturing capabilities and strengthens its position within the defense sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Virtex do?
Virtex is a provider of high-reliability electronic manufacturing services primarily for the defense sector. It operates five facilities offering end-to-end manufacturing solutions. It is privately held, operating in Manufacturing, and is based in United States.
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