News | Business
5 Mar 2026 4:49
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The US company trying to takeover Kiwi tech firm Rakon plans to keep its presence here

    The US company trying to takeover Kiwi tech firm Rakon plans to keep its presence here


    California-based electronics manufacturer Bourns has made an offer for the Auckland-based manufacturer of highprecision microchips and frequency-control components.

    The bid's worth 356 million dollars.

    Rakon independent director Chris Swasbrook says Bourns has indicated it would keep Rakon's New Zealand operations in New Zealand.

    He says that's the intent, and what's been said to Rakon's shareholders and staff.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     04 Mar: Air New Zealand's financial position could worsen before it gets better
     04 Mar: Wellington's being left in the dust, as it's economy struggles to keep up with the rest of the country
     04 Mar: A new survey suggests New Zealand investors' love affair with property, is being shaken
     04 Mar: The Utilities Dispute service is welcoming changes to power rules
     03 Mar: NZ officials weighing up whether to approve merger of two major global companies
     03 Mar: An inflation warning from the Finance Minister - as Labour mulls its Reserve Bank policy
     03 Mar: Tourism continues to be a major force in the economy
     Top Stories

    RUGBY RUGBY
    New Queensland Firebird netballer Kelly Jackson believes consistent chat between Silver Ferns throughout their club seasons will have the team in a good space for their Commonwealth Games campaign More...

    BUSINESS BUSINESS
    Air New Zealand's financial position could worsen before it gets better More...


     Today's News

    		 Cricket:
    New Zealand are 26 without loss in the third over chasing 170 to beat South Africa in the first semi-final of cricket's T20 World Cup at Kolkata 4:47

     Health & Safety:
    Budget blowouts, patient safety and 'toxic' workplace claims raised in inquiry into NT's Acacia patient record system 22:27

     Politics:
    Auckland's Mayor's adamant he won't be drawing-up housing maps and plans for the Minister just yet 21:57

     Entertainment:
    The Duke and Duchess of Sussex have made a surprise virtual appearance at the NAACP Image Awards Creative Honors 21:35

     Law and Order:
    Three men have been found guilty after raping a young German tourist in an industrial Auckland carpark last year 21:17

     Entertainment:
    Suzanne Shaw broke down in tears as she revealed her "messy and unexpected" split from fiancé Sam Greenfield 21:05

     Entertainment:
    Christian Bale has warned his fans not to meet him or they will face "terrible disappointment" 20:35

     Entertainment:
    Kerry Katona has unfollowed Katie Price's new husband Lee Andrews on social media after he reportedly came to blows with Kerry's boyfriend Paolo Margaglione 20:05

     Entertainment:
    Matthew Lillard spent decades "petitioning and campaigning" for a return to the Scream franchise 19:35

     Entertainment:
    Shaun Ryder has described having ADHD as "having a f****** brain like a watering can" - but he is happy he wasn't diagnosed until he was 50 19:05

     News Search




    Power Search

    © 2026 New Zealand City Ltd