Stock Value
About Rakon
Rakon Limited engages in the development and manufacture of electronic components for timing reference and frequency control. The company supplies crystal oscillators to the GPS, telecommunications network timing/synchronisation, and aerospace markets. It offers its products in New Zealand, Asia, North America, and Europe.
Acquisitions
In June 2008, the company acquired a 40% interest in three companies, including Shenzhen Timemaker Crystal Technology Co, Limited; Roye Crystal Technology (Shanghai) Co, Limited; and Shenzhen Taixiang Wafer Co, Limited, which provide products and services to the frequency control products industry.
Joint Ventures
The company has a 49% interest in a joint venture, Centum Rakon India Private Limited, which provides products and services to the frequency control products industry.
