Parallax Goes Global With RS & Allied

RS Components (RS) and Allied Electronics (Allied), the trading brands of Electrocomponents plc (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, have signed a global distribution agreement with Parallax Inc., a specialist in the design and manufacture of microcontroller development tools and small single-board computers. Under the terms of the agreement,…

Spansion Completes Fujitsu Unit Buy

Spansion Inc. (NYSE: CODE), a global leader in Flash memory-based embedded systems solutions, today announced that it has closed the acquisition of the Microcontroller and Analog Business of Fujitsu Semiconductor Limited. Under the terms of the agreement, Spansion will pay approximately $110 million, plus approximately $38 million(*1) for inventory. The net impact is expected to…

Flextronics Receives Quality Award From Lenovo

Flextronics (NASDAQ: FLEX) announced today that Lenovo recently honored its Sarvar, Hungary location with the prestigious Perfect Quality Award. Janos Lang, general manager, at Flextronics Hungary accepted the award on behalf of the company at Lenovo’s annual global supplier conference held in Hefei, China.  The Perfect Quality Award from Lenovo was the result of Flextronics’…

ISM: July Indexes Surge

Economic activity in the manufacturing sector expanded in July for the second consecutive month, and the overall economy grew for the 50th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued  by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing…