Tessera and Amkor Settle Dispute

Tessera Technologies, Inc. (NASDAQ:TSRA) (“Tessera” or the “Company”) today announced that its subsidiary, Tessera, Inc., has entered into an agreement with Amkor Technology, Inc. (“Amkor”) to settle all pending litigation between Amkor and Tessera, Inc. Under the terms of the agreement, Amkor will pay Tessera a total of $155 million, comprised of sixteen equal quarterly…

Digi-Key Adds Adafruit Products for Rapid Prototyping

Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced the addition of Adafruit’s board-level products to its portfolio. Adafruit, the popular online resource for designers using electronic components-, was recently ranked #11 in the top 20 USA manufacturing companies and #1 in New York City by…

Flextronics Brings Innovation to Detroit

Detroit, Mich. — Flextronics (NASDAQ: FLEX), is linking the high technology advances of Silicon Valley with the automotive industry in Detroit. At its newly established location adjacent to Detroit, Flextronics’ specialized automotive team is actively helping to further enable swift implementation of cutting edge smart, connected technologies and applications by collaborating with The Detroit Big Three and partnering with OEM…

UL Launches Compliance Services for Wearables

Fremont, Calif. — UL Consumer Technology, a global leader of product safety testing and certification for over 100 years, announced today the launch of a comprehensive service that offers customized product validation, advisory, testing, risk mitigation, interoperability, and global market access services. The services will help to assist manufacturers in supplying consumers with safer and more reliable wearable products while…

Infor Offers EDI Cloud for Automotive Industry

New York, N.Y. – Infor, a leading provider of business application software serving more than 73,000 customers, today announced Infor Electronic Data Interchange (EDI) Managed Service to offer manufacturers a powerful yet economic solution to maintain operations. Infor EDI Managed Service is specifically developed to help solve growing customer demands, helping organizations meet challenges with greater…

Digi-Key 2014 Sales Jump on Surging IoT Demand

Digi-Key Corp. posted solid revenue growth in 2014, cruising easily past the industry’s single-digit average and boosting the electronics company distributor’s annual revenue to record level on rising demand for its services from OEMs and engineers working on Internet of Things (IoT) products. The company also attributed the surge in 2014 sales to continued demand…