Daily Archives: November 13, 2019

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WPG to Acquire 30% Stake in WT Micro

Consolidation in the electronics supply chain continued this week as global broadline distributor WPG Holdings Co. announced plans to acquire a 30 percent stake in rival WT Microelectronics Co. Ltd. for US$266.58 million. WT Micro conducts most of its business in Southeast Asia. The announcement came within a day of two key electronics suppliers –…

November 13, 2019 Leave a commentBusiness/Finance, News AnalysisBy Barbara Jorgensen

Yageo-Kemet Builds $3 Billion IP&E Powerhouse

Yageo Corp.’s $1.8 billion acquisition of Kemet Corp. will unite two leading component makers into a $3 billion powerhouse in the interconnect, passives and electromechanical (IP&E) market. The move will expand both companies’ global footprint, market penetration and product portfolios. “Together with Yageo, we will have an enhanced global footprint and be better able to…

November 13, 2019 Leave a commentFeatured, Featured Articles, FeaturesBy Barbara Jorgensen & Gina Roos