Master Signs Distribution Deal with CUI

Master Electronics, the 13th largest global distributor of electronic components, announces a global distribution agreement with CUI, Inc. CUI offers an extensive product portfolio; including power, interconnect, motion, audio, and thermal management technologies. Driven by Master’s innovative and industry disruptive marketing tactics and tenured sales team, coupled with CUI’s leading edge products and solutions, this…

Foxconn Unit Buys Belkin for $866M

Foxconn Interconnect Technology Limited (HKG: 6088), a subsidiary of Hon Hai Precision Industry Co., Ltd., and Belkin International, Inc. (Belkin®, Linksys®, Wemo®, Phyn® brands), jointly announced today the signing of a definitive agreement under which FIT agreed to acquire Belkin at US$866 million in cash, creating a global consumer electronics leader. Leveraging Belkin’s strength in research and development capabilities and consumer productschannel ,…