Bannockburn, Ill. — IPC — Association Connecting Electronics Industries® announced today the June 2016 findings from its monthly North American Printed Circuit Board (PCB) Statistical Program. Compared to the same month last year, PCB sales growth was strong while orders were down, causing a decline in the book-to-bill ratio to 0.98. Total North American PCB shipments in June…
Chicago, Ill. – element14 has signed an agreement to be the exclusive global distribution and manufacturing partner of Motorola for its new maker and developer-focused Moto Mods Development Kit (MDK). The MDK is designed to connect to the new Motorola Moto Z smartphone and enable makers to create their own Moto Mods, creating custom applications that transform the capabilities of…
Analog Devices Inc. (ADI) will acquire Linear Technology for $14.8 billion, making it a tougher competitor in the analog semiconductor sector with expected annual revenues of about $5 billion. The combined companies will become an analog industry leader across product categories, including data converters, power management, amplifiers, interface, and RF and microwave products. The acquisition…
Avnet Inc. has swooped in to buy Premier Farnell plc for approximately £691 million or $907 billion, which outbids Datwyler Technical Components’ offer by 12.1 percent. This acquisition follows a tough year for the $27.9-billion global technology distributor with the recent resignation of Rick Hamada as CEO and struggling sales growth. In June, Premier Farnell…
Phoenix, Ariz. —Avnet, Inc. (NYSE:AVT) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc (“Premier Farnell”) on the terms of a recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. The all-cash offer of £1.85 per share represents an equity value of approximately £691…
Gowanda, N.Y. – Gowanda Electronics, a business unit of Gowanda Components Group (GCG), is pleased to announce that its capabilities for the design and manufacture of inductors and other passive components are expanding in connection with its parent company’s acquisition of Butler Winding in Butler, PA. GCG CEO Don McElheny stated, “Butler’s products and capabilities…
Irvine, Calif. – Infinite RF Holdings, Inc., an urgent needs supplier of engineering-grade radio frequency (RF), microwave and millimeter-wave components and cable assemblies through their Pasternack and Fairview Microwave branded lines, today announced the acquisition of L-com, Inc., a manufacturer of wired and wireless connectivity solutions with significant custom manufacturing capabilities. Headquartered in North Andover,…
Mouser Electronics, Inc. is now shipping the CY8CKIT-143A PSoC® 4 BLE 256K module from Cypress Semiconductor. This fully certified Bluetooth® Low Energy (BLE) module is an easy-to-use solution for creating a complete BLE system with Bluetooth 4.2 features — data length extension, upgraded privacy, and enhanced security — all of which are critical for Internet of Things (IoT) applications. The module’s compatibility with Cypress’s small-footprint…
San Jose, Calif. — Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Raghib Hussain has been named Chief Operating Officer of Cavium. Mr. Hussain co-founded Cavium in 2000. He has served in various management and technology leadership roles since the inception…
LeEco and VIZIO, Inc. announced today a definitive agreement under which LeEco would acquire VIZIO, Inc. for $2 billion USD. The VIZIO hardware and software businesses will be owned and operated as a wholly owned subsidiary of LeEco, while the VIZIO data business, Inscape, will spin out and operate as a separate, privately owned company. Recently…