New Yorker Electronics Acquires Switches Unlimited

New Yorker Electronics, Co., Inc., a global franchised distributor of passive electronic components, discrete semiconductors, and supply chain services, has acquired Switches Unlimited, Inc., a Long Island City based specialty distributor of electromechanical and automation controls for the widest range of markets, including industrial, military, medical, food and beverage.  The newly formed, wholly owned subsidiary…

Renesas to Acquire Radar Specialist Steradian

Renesas Electronics Corp., a premier supplier of advanced semiconductor solutions, today announced that it has entered into a definitive agreement to acquire Steradian Semiconductors Private Limited (“Steradian”), a fabless semiconductor company based in Bengaluru, India, that provides 4D imaging radar solutions, in an all-cash transaction. The acquisition is expected to close by the end of…

Chip M&A Value in 2-Year Slump

Chip-company mergers or acquisitions (M&A) can be disruptive to the electronics supply chain. Post-merger, chip suppliers often consolidate product lines, discontinue older or less-profitable components and/or consolidate their distribution roster. The latter causes headaches for buyers because in some cases they can no longer purchase component lines from their preferred distributor. The most recent example…