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Raychem Corp., which is in the process of being acquired by Tyco International Ltd., last week extended its distribution agreement with Gateway Megatech Inc. to include the DAC Group.
The move came as a surprise, since Raychem officials had earlier said the company's future distribution strategy was uncertain due to the impending acquisition. Because several Raychem products will be folded into connector maker AMP Inc., which Tyco acquired last month, it was believed that AMP would be involved in formulating future channel plans.
"The...