Manufacturing Expands in August — But What About Harvey?

The U.S. manufacturing industry accelerated its growth rate in August as the nation’s leading indicator, the Institute for Supply Management’s PMI, increased by 2.5 percent from July’s level to reach 58.8 percent. New orders, production, employment, backlog and exports also increased in August, setting the stage for continued growth in September. “August is usually a…

Premier Farnell Stocks Xilinx All Programmable Devices

Premier Farnell, the Development Distributor, announces the addition of Xilinx® All Programmable Devices to their extensive product offering. By adding Xilinx to their growing list of global franchised suppliers, Premier Farnell are giving their customers access to their market leading devices that provide both design flexibility and freedom. Mike Barone, VP Channel Sales for Xilinx says “We…

IAR Systems Joins ST Partner Program

IAR Systems®, the future-proof supplier of software tools and services for embedded development, announces that it has joined the STMicroelectronics Partner Program to enable accelerated product development and continued innovation for embedded developers worldwide. IAR Systems is also exhibiting at the ST Developers Conference, September 6 in Santa Clara, CA, United States. STMicroelectronics (ST), a global semiconductor leader serving…

Arrow Expands Open Lab for IoT in Hong Kong

Arrow Electronics, Inc. (NYSE: ARW) today announced the expansion of its Arrow Open Lab in Hong Kong, enabling sensor-to-cloud-to-analytics Internet of Things (IoT) technology platform for Sensor Hub, a project led by Hong Kong Science and Technology Park (HKSTP) to accelerate innovation in the Internet of Things (IoT) and smart city technologies among Hong Kong startup and technology companies. By…

Avnet Acquires Dragon Innovation

Avnet (NYSE: AVT) announced that it has acquired Dragon Innovation, expanding the global distributor’s portfolio of offerings for customers as they move from design to prototype to volume production. Dragon Innovation’s proven process and deep hardware experience help customers understand manufacturing costs and schedules, find factories and manage production as they scale their businesses. “With the addition…

UTC to Buy Rockwell Collins for $30B

United Technologies Corp. (NYSE: UTX) (“UTC”) and Rockwell Collins, Inc. (NYSE: COL) (“Rockwell Collins”) today announced that they have reached a definitive agreement under which United Technologies will acquire Rockwell Collins for $140.00 per share, in cash and UTC stock. Rockwell Collins is a leader in aviation and high-integrity solutions for commercial and military customers and is globally recognized…