Koch Veers into Electronics with $7.2B Molex Acquisition

Koch Industries has agreed to purchase Molex Inc. for $7.2 billion in a transaction that will bring the 75-year old electronic components manufacturer into the fold of one of the world’s biggest and privately-owned industrial conglomerates. The transaction represents Koch’s deepest foray into the electronics industry and marks one of the biggest acquisitions in years…

Peerless Adds Heavy Equipment Site

Peerless Electronics, Inc., a major factory authorized, stocking distributor of electromechanical and interconnect products, has launched its new online store showcasing switches, relays and circuit breakers and other electromechanical products for Heavy Equipment applications. Peerless customers will save time; view at-a-glance status and find it easier to shop online from product catalogs tailored to the…

TTI’s Knight: Mouser, Sager Complement Global Strategy

Unlike its bigger competitors TTI Inc. wasn’t initially a leading consolidator in the North American electronics components distribution market but the company has since been playing catch up with several strategic deals, including the  purchase of Mouser in 2000 and more recently, Sager Electronics. More such deals may be on the way although these are…

TSMC and Synopsys Extend Into 16-nm

Synopsys, Inc. (Nasdaq: SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, today announced TSMC’s certification of Synopsys’ Laker® custom design solution for the TSMC 16-nanometer (nm) FinFET process Design Rule Manual (DRM) V0.5 as well as the availability of a 16-nm interoperable process design kit…

Western Digital Acquires Virident

Western DigitalCorp. (NASDAQ: WDC) and Virident Systems, Inc. announced today that they have entered into a definitive merger agreement under which Virident, a provider of server-side flash storage solutions, will be acquired by HGST, a wholly owned subsidiary of Western Digital. Virident will be acquired for approximately $685 million in cash. This represents approximately $645…

Absolute EMS Partners With Ionics EMS

Absolute EMS, a leader in electronic manufacturing services to medical, automotive, green tech, and electronic OEM companies, announces a new partnership with Ionics EMS in the Philippines that significantly expands the manufacturing capacity and flexibility of both firms to accommodate the full range of volume demand from customers worldwide. “We have partnered with Ionics EMS,…

Dialog Licenses Cadence’s DSP IP

Dialog Semiconductor, a provider of highly integrated power management, audio, AC/DC and short-range wireless technologies, announced today that it has licenced Tensilica® HiFi Audio/Voice DSP IP from Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation. Dialog will initially deploy the IP to develop next-generation audio solutions for its connectivity products.…