Purchasing Must Watch Book-to-Bill Ratio

This morning I was thinking about purchasing as a pivotal supply chain component and how critil this department is to the economic welfare of both manufacturers and distributors. We are used to expressing the supply chain economics in terms of ratios like “book-to-bill” or “order-to fulfillment.” Book-to-bill is a very telling ratio. If over a…

Microsemi Completes Symmetricom Buy

 Microsemi Corp., a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced today that its wholly-owned subsidiary, PETT Acquisition Corp., successfully completed its previously announced tender offer to purchase all outstanding shares of Symmetricom, Inc. (“Symmetricom”) (Nasdaq:SYMM) for $7.18 per share in cash. The tender offer expired at 12 a.m. EST…

Qualcomm Finalizes Omnitracs Sale

Qualcomm Inc.  today announced that the sale of Omnitracs, Inc., a subsidiary of Qualcomm Incorporated, to Vista Equity Partners (Vista), a U.S.-based private equity firm, has been finalized. The agreement to sell the transportation and logistics business for approximately $800 million in cash was originally announced in August. “Omnitracs was one of Qualcomm’s earliest businesses…