Atmel Buying ADD Semiconductor

SAN JOSE, Calif. — Atmel® Corporation (Nasdaq: ATML) today announced that it has signed a definitive agreement to acquire Advanced Digital Design, S.A. (“ADD Semiconductor”), a privately held company based in Zaragoza, Spain that develops power line communication solutions. The transaction is subject to customary closing conditions and is expected to close in October. Atmel…

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‘Sell More Stuff’ Isn’t a Long-Term Strategy

Despite continued worldwide uncertainty, manufacturers are putting their collective short-term hope for growth into new products, strategic acquisitions and alliances, and emerging markets, according to a recent report from KPMG. The firm's annual Global Manufacturing Outlook, which surveys 220 executives from global companies, pegs the top priorities for the coming two years on top-line growth,…

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Top Hiring Mistakes, Part 3

In my last two blogs, I covered some of the top hiring mistakes made by employers, culled from Tony Beshara's list of Top 10 Mistakes Employers Make in the Recruiting and Hiring Process. (See: Top Hiring Mistakes, Part 1 and Top Hiring Mistakes, Part 2.) In this blog, my final on the subject, I'll cover…

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Digi-Key, LS Research Have Distribution Pact

THIEF RIVER FALLS, Minn., and CEDARBURG, Wis. — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry's broadest selection of electronic components available for immediate shipment, and LS Research have signed a global distribution agreement. Mark Zack, Digi-Key's Vice President of Semiconductors said, “We are pleased to sign this worldwide agreement.…

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Nesscap Names Orwig as CEO

SEOUL, South Korea — Nesscap Energy Inc. (“Nesscap”) (TSX VENTURE:NCE), a global leader in research, development and manufacturing of ultracapacitor products, today announced the appointment of Mr. Dennis Orwig to the position of Chief Executive Officer. Mr. Orwig has extensive experience in power and technology development as Chief Executive Officer and senior executive of private…

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SMTC Closes ZF Array Purchase

TORONTO — SMTC Corporation (Nasdaq:SMTX) (TSX:SMX), a global electronics manufacturing services provider, today announced that it has completed its acquisition of ZF Array Technology, Incorporated, a privately held electronics manufacturing services provider with operations in San Jose, California. ZF specializes in manufacturing complex electronics equipment and providing systems integration services for some of the world's…

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