After nearly two months of negotiations and press reports that a blockbuster deal was in the works, Nvidia this week announced a $40 billion agreement to buy ARM—the leading supplier of processor intellectual property (IP)—from financially struggling SoftBank in Japan. If approved, the deal would be the largest semiconductor acquisition in history, provided the additional…
IEC Electronics Corp. (Nasdaq: IEC) today announced that it has entered into an agreement to purchase an 86,000 square foot facility in Rochester, NY. The new facility is expected to provide additional capacity and more importantly, access to a larger pool of qualified resources to support future organic growth. Jeffrey T. Schlarbaum, President and CEO…
Vicor Corporation (NASDAQ: VICR) announced today the expansion of its Europe, Middle East and Africa relationship with Arrow Electronics, Inc. (NYSE: ARW) to a global distribution agreement. “We are looking forward to working closely with Arrow to offer highly differentiated modular power solutions to their extensive customer base,” said Rich Begen, vice president of Vicor global distribution and…
Sourceability, the digital supply chain solutions provider, has launched a unique BOM management tool with ‘one-click’ transaction capabilities. Designed for procurement specialists and purchasing departments, the BOM tool delivers on both fast quotes and ‘one-click’ purchasing in a simple, easy-to-use tool. It is available on Sourcengine, the B2B e-commerce marketplace for the electronic components industry…
Total microprocessor sales are forecast to grow 1.4% in 2020 to nearly $79.3 billion, following a 2.4% decline in 2019, which was the first revenue drop in the worldwide MPU market in 10 years, according to data released in IC Insights’ Mid-Year Update to the 2020 McClean Report. The mid-year forecast shows total MPU…
TTI, Inc., a leading specialty distributor of electronic components, is pleased to introduce a suite of Application Programming Interfaces (APIs), making it possible for engineering and procurement customers to access inventory, pricing information, and place orders without in real time. APIs drastically reduce the manual effort needed to perform BOM cost roll ups, order placement…
Syncron today announced significant enhancements to the Syncron Service Cloud including Syncron Inventory 20.1 and Price 20.2, the company’s newest releases. These solutions help Original Equipment Manufacturers (OEMs) improve financial performance and liquidity, minimize service parts supply chain disruption and retain existing customers. According to a recent study by Deloitte, the operating margin of aftersales…
Mouser Electronics, Inc., the authorized distributor with the widest selection of semiconductors and electronic components, announces its new Customer Resource Center, which allows customers to easily take advantage of Mouser’s online purchasing services and tools through a central hub containing everything customers need to optimize the purchasing process. Customers can simply click the name of…
The Gartner, Inc. 2020 Hype Cycle for Supply Chain Strategy shows that the Internet of Things (IoT) has reached the bottom of the Trough of Disillusionment. The market will begin to climb out of this trough, as the technology advances and practitioners succeed in defining the best opportunities for the unique measurement and tracking capabilities…
TTI, Inc., the leading global authorized distributor of electronic components, announced today the hiring of Gia Hayes to fill the position of TTI Vice President, Military and Aerospace Segment. With a successful career spanning more than 20 years, Gia has held leadership positions in sales management, business development, operations, supply chain and strategic planning/quoting with…