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Mouser Adds 62 New Lines

Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor, continues to expand its line card by adding 62 new manufacturers to date in 2021. With more than 1,100 manufacturer brands, Mouser now offers an even wider range of product options for its global customer base of design engineers, component buyers, procurement agents, educators…

Gowanda Electronics Unveils New Brand Identity

Gowanda Electronics, a designer and manufacturer of high-performance inductors and magnetic components for demanding RF and power applications, is pleased to announce the launch of its new brand identity with a redesigned logo and new website. The rebrand solidifies the company’s leadership position in engineered components for the global electronics marketplace. “The prior Gowanda Electronics…

PEI-Genesis and Positronic Expand Relationship

PEI-Genesis, a leading provider of custom-engineered connector and cable interconnect solutions, has extended its partnership with global connector manufacturer Positronic across Europe and Africa. The expansion comes after considerable demand from customers in these regions. As of June 25, 2021, engineers in Africa and Europe can benefit from PEI-Genesis’s value-add service of Positronic connectors. This…

REE Automotive to Open HQ in Austin

REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE’s first asset-light Integration Center for…

Avnet Announces Preliminary Results for Q4 FY 2021

Avnet, Inc. (Nasdaq: AVT) today announced preliminary, unaudited results for fourth quarter sales, operating margins, and earnings per share. Sales and earnings per share will exceed the high end of previous guidance. Commenting on today’s announcement, Avnet Chief Executive Officer Phil Gallagher stated, “Strong quarter-over-quarter sales growth in EMEA, Asia and Farnell, and continued operating…

Cirrus Logic to Acquire Lion Semiconductor

Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that it has entered into an agreement to acquire California-based Lion Semiconductor for $335 million in cash. This acquisition brings unique intellectual property and products for power applications in smartphones, laptops and other devices and accelerates growth of the company’s high-performance mixed-signal business. Lion is expected to be immediately…

Abracon Acquires Proant Companies

Abracon, LLC (Abracon), an industry leader in passive components, today announced the successful acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. “The addition of…