If Avnet Inc. really wants Premier Farnell plc, it will have to write a much bigger check than the £691 million ($912 million) it has offered for the company. The acquisition target’s market value surged to nearly £729 million only one day after Avnet made its bid, indicating investors believe the British distributor can attract…
Geneva, Switzerland – STMicroelectronics, (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronic applications, today announced that it has acquired ams’ (SIX: AMS) assets related to NFC[1] and RFID[2] reader business. ST has acquired intellectual property, technologies, products and business highly complementary to its secure microcontroller solutions serving mobile devices, wearables, banking, identification, industrial,…
Link to Blog: http://assentcompliance.com/blog/index.php/conflict-mineral-benchmarking-study-ry2015-released/ Thirteen publicly-traded companies in the United States have proven it is possible to not only comply with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, but to also perform supply chain due diligence in line with industry best practices. These companies achieved perfect scores in Development International’s…
It’s been 45 years since TTI Inc. opened its headquarters and first distribution center in Fort Worth, Texas. Now a global IP&E specialty distributor, TTI is undergoing its most extensive facilities expansion ever. TTI has grown significantly in the past 45 years; is now part of the Berkshire Hathaway company; and during a lackluster market…
Worldwide semiconductor capital spending is projected to decline 0.7 percent in 2016, to $64.3 billion, according to Gartner, Inc. (see Table 1). This is up from the estimated 2 percent decline in Gartner’s previous quarterly forecast. “Economic instability, inventory excess, weak demand for PC’s, tablets, and mobile products in the past three years has caused…
Murata Manufacturing Co., Ltd. (“Murata”) and Sony Corporation (“Sony”) today announced that they have entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group’s battery business to the Murata Group (the “Transfer”). Following due diligence and negotiation of detailed terms and conditions of the Transfer, Murata…