Benchmark Electronics to Buy Secure Technology

Angleton, Tex. — Benchmark Electronics, Inc. (NYSE: BHE) today announced that it has entered into a definitive agreement to acquire Secure Communication Systems, Inc. and its subsidiaries (collectively referred to as “Secure Technology” or “Secure”), a leading engineered products and solutions provider, for approximately $230 million in cash, on a debt-free, cash-free basis subject to a working capital…

WPG Americas Adds Marvell Product Portfolio

San Jose, Calif. — WPG Americas Inc. (WPGA) a subsidiary of WPG Holdings,Asia’s number one electronics distributor, announced today it has signed a new agreement with Marvell, an industry leader in storage, communications and consumer silicon solutions to distribute their complete line of products. Marvell’s expertise in microprocessor architecture and digital signal processing drives multiple platforms including…

Enterprise Wearables Market to Reach $6.3B by 2020

Enterprise and industrial organizations in a wide range of sectors are increasingly turning to wearable devices as an extension of their technology toolkits.  Pioneering companies across a number of industries have found that wearables including smart watches, fitness trackers, and smart glasses can provide meaningful advantages in terms of productivity, efficiency, and cost savings. According…

TI 3Q Revenue Down 2%

Dallas, Tex. — Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $3.43 billion, net income of $798 million and earnings per share of 76 cents. Regarding the company’s performance and returns to shareholders, Rich Templeton, TI’s chairman, president and CEO, made the following comments: “Revenue declined 2 percent from a year ago. While our overall demand remained weak,…

America II to Distribute Beneq Lumineq Displays

St. Petersburg, Fla. – America II Electronics, Inc., one of the world’s largest distributors of semiconductors and electronic components, today announced it has entered into a global franchise distribution agreement with Beneq, developer and manufacturer of rugged thin film electroluminescence (TFEL) displays and fully-transparent TASEL® displays. “America II is truly focused on delivering the best…

U.S. Consumer Wearables Market to Reach $9.7B by 2019

San Antonio, Tex. – Compass Intelligence (www.compassintelligence.com), a market analytics and consulting firm specializing in metrics-driven intelligence and insights, has released a series of wearable technology studies highlighting various aspects of the consumer wearables market within its “Emerging Technologies” research track. The reports combine market size forecasts with consumer insight driven data that discusses adoption and usage…

Mouser Adds ADAS Info to Automotive Applications Site

Mouser Electronics, Inc. today announced the exciting addition of Adaptive Driver Assistance Systems to its Automotive Applications site. As part of Mouser’s Applications & Technologies sites, the Automotive Applications site provides design engineers with the resources they need to learn about the latest advances in automotive electronics technologies as well as the newest components from Mouser Electronics for building automotive electronics…

Raytheon Awards Pasternack

Irvine, Calif. — Pasternack Enterprises, Inc., an industry-leading manufacturer and supplier of RF, microwave and millimeter wave products, has been awarded the 4-Star Supplier Excellence Award by Raytheon’s Integrated Defense Systems (IDS) business. This is the third consecutive year that Pasternack has been honored with a Supplier Excellence Award from Raytheon IDS. Raytheon’s Integrated Defense Systems…