Microsemi Completes Symmetricom Buy

 Microsemi Corp., a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced today that its wholly-owned subsidiary, PETT Acquisition Corp., successfully completed its previously announced tender offer to purchase all outstanding shares of Symmetricom, Inc. (“Symmetricom”) (Nasdaq:SYMM) for $7.18 per share in cash. The tender offer expired at 12 a.m. EST…

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Qualcomm Finalizes Omnitracs Sale

Qualcomm Inc.  today announced that the sale of Omnitracs, Inc., a subsidiary of Qualcomm Incorporated, to Vista Equity Partners (Vista), a U.S.-based private equity firm, has been finalized. The agreement to sell the transportation and logistics business for approximately $800 million in cash was originally announced in August. “Omnitracs was one of Qualcomm’s earliest businesses…

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Sensors to Play Key Role in IoT

The Internet of Things (IoT), like Big Data, is expected to drive the next wave of high-tech growth – including electronic components. “The explosion of IoT activity over the next few years will be driven by the nexus of low cost sensors,” according to Andrew Milroy, Vice President, ICT Practice, Frost & Sullivan Asia Pacific,…

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RS Components Inks Global Pact With Taiwan Semi

 RS Components( http://www.rs-components.com ) (RS), the trading brand of Electrocomponents plc( http://www.electrocomponents.com ) (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, has signed a Global Authorised Distributor agreement with Taiwan Semiconductor. The agreement broadens the scope of the existing collaboration between the two companies to deliver a comprehensive portfolio of discrete…

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