DALLAS — Texas Instruments Incorporated (TI) (NYSE: TXN) and National Semiconductor (NYSE: NSM) today announced that TI's proposed acquisition of National has cleared all required regulatory reviews, moving the companies closer to the transaction close. The companies expect the transaction to be complete on September 23, just slightly ahead of the six- to nine-month timeframe…
Details
SAN JOSE, Calif. — Cypress Semiconductor Corp. (NASDAQ:CY) today announced that Arrow Electronics, Inc. and Nu Horizons Electronics Corp. executed an agreement that will remove Arrow and Nu Horizons from Cypress’s complaint to the United States International Trade Commission (ITC) regarding alleged infringement of Cypress’s SRAM patents by GSI Technology, Inc. Cypress’s complaint seeks an…
Details
SAN JOSE, Calif. — Xilinx, Inc. (Nasdaq: XLNX) today provided a revised sales forecast for the September quarter. Sales are now expected to decline 7% to 10% sequentially. This is a revision from previous guidance that called for sales to be up 1% to down 3% sequentially. Weaker than expected sales growth during the quarter…
Details
MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE:ARW) announced that the company has successfully completed the all-cash tender offer to acquire Japan-based Chip One Stop (TSE:3343). Arrow will be acquiring approximately 94% of the common shares of Chip One Stop. All necessary regulatory approvals related to the tender offer have been received. Headquartered in Yokohama, Japan,…
Details
PHOENIX — Avnet Embedded Americas, a division of Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), announced today that it will now offer AOpen’s line of digital signage media players and ultra-small form factor (uSFF) components to its customers. This distribution agreement expands upon an existing, pan-European agreement between the two companies…
Details
Industry observers have been saying for a while that one of the advantages of a just-in-time or build-to-order supply chain is the compression between the time a problem is discovered and its resolution. A decade ago, a deficit or excess of inventory in the supply chain could take as long as two quarters to correct;…
Details
MONTREAL –- Future Electronics is pleased to announce they are providing complete customer support including shipping during the last weekend of the calendar quarter. During the weekend of September 23rd-25th, Future Electronics will be fully operational in every region, from the US to China. Working with their logistic partners, Future Electronics will be able to…
Details
The UPS market turned around in 2010 with revenues 8.3 percent higher than in 2009
Details
Just when you thought a company was on track, another flurry of news forces a pause and raises the obvious question: What's really going on there? The spotlight falls again on {complink 4267|Royal Philips Electronics N.V.} Last week, executives told analysts that they were simultaneously deepening their cost-cutting efforts and reconfirming 2013 financial targets. A…
Details
From my corner of the world, the outlook for the end of the year is weak at best and dismal at worst. Euro-zone nations and the United States are stuck in a financial and economic mess, Japan is still mired in a pattern of lackluster decade-long growth, and recently, oil prices have turned down and…
Details