Flip Electronics has acquired Resurgent Semiconductor, a provider of extended manufacturing for previously obsolete or EoL semiconductor components. The acquisition enhances Flip’s services and solutions portfolio to accomplish Flip’s mission of making obsolescence obsolete.
Flip Electronics’ president, Bill Bradford, said: “This is a significant milestone in our history and growth plans. Component obsolescence is one of the major challenges facing manufacturers of legacy equipment. The addition of Resurgent’s extended manufacturing services vastly expands Flip’s offering of end-of-life solutions, allowing us to support customers well beyond their last-time buy dates.”
Resurgent Semiconductor’s founder, Duker Dapper, added: “The combination of Flip’s financial resources, sales reach and current authorized supplier relationships will provide a powerful platform from which to grow and scale Resurgent’s business. With proven manufacturing capabilities and business model, Resurgent can leverage Flip’s knowledge to provide win-win solutions for both our suppliers and their customers in EoL situations.”