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C&K gets ITT Industries cash

Wednesday 29 November 2000 12:00
C&K gets ITT Industries cashRichard Wilson
Increased spending on research and development and new product development will result from the acquisition of C&K Components by ITT Industries Cannon division. The C&K business will operate as a separate unit within ITT Cannon, though its sales and marketing teams will also be selling other products in the ITT range including tactile switches, keypads, interface controls and dome arrays. C&K's distribution network which includes Arrow, Avnet and Future Electronics, is under review and announcements will be made soon.

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