OGPC will leverage the existing Omega EMS infrastructure and service platform, including product design, materials and manufacturing, and forward/reverse logistics flows. SAN JOSE – Omega EMS acquired TeckQuest and formed Omega Green Power Corp.plant in San Jose, offering design, PCBA & systems integration manufacturing, test solutions, and rework/repair/refurbishment services.
Omega EMS has completed a stock-swap merger with strategic alliance partner, Vitron Electronic Services. It offers project flow, design and engineering services, operations and program management, testing and manufacturing, rework, return merchandise authorization (RMA), and repair services. This material may not be published, broadcast, rewritten or redistributed.Omega ems Omega EMS (Electronics Manufacturing Services) is a company that provides electromagnetic compatibility (EMC) solutions. The calculations don't include changes in the present value of pension benefits, making the AP total different in most cases than the total reported by companies to the Securities and Exchange Commission.ĮMC set its annual meeting of shareholders for April 29. It includes salary, bonus, performance-related bonuses, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year. The Associated Press formula is designed to isolate the value the company's board placed on the executive's total compensation package during the last fiscal year. The filing also showed that Tucci exercised options valued at $7.4 million and had $13.7 million worth of stock vest during the year. "Other compensation" of $149,150, which consisted mostly of Tucci's personal travel on EMC-owned aircraft A performance-based cash bonus of $1.1 million, which was down from $1.4 million in 2008. A salary of $872,308, which reflected two temporary cuts to EMC executives' salaries in 2009. The company, which is based in Hopkinton, Mass., has about 43,000 workers. EMC has shed about 2,400 jobs in a restructuring designed to cut $500 million in costs this year. The company cut costs as the recession hurt sales. 
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The company exceeded internal expectations in other parts, however, topping the earnings per share and free cash flow goals.ĮMC is the world's leading maker of data-storage machines, owning nearly a quarter of the worldwide market at the end of last year for disk storage equipment that's sold separately from the computer servers they connect to, according to market research firm IDC. About half of the restricted stock and options awarded to Tucci last year are performance-based and are doled out depending on how well EMC's finances fare.ĮMC noted in its filing that Tucci's bonus was hurt by the fact EMC's $14 billion in revenue in 2009 fell short of the company's target by $1 billion. The bulk of the pay package came from restricted stock and stock options, which totaled nearly $7 million, compared with just over $9 million last year. The company's proxy filing late Thursday with the Securities and Exchange Commission shows that EMC valued Tucci's 2009 pay package at $9.0 million, compared with $11.7 million in 2008, according to calculations by The Associated Press.
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