Digi-Key & Nuventix Sign Global Distribution Agreement

THIEF RIVER FALLS, Minn. — 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 Nuventix, Inc., maker of SynJet thermal management technology, have signed a global distribution agreement. “Digi-Key is proud to welcome Nuventix as a new supplier partner. Nuventix is…

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Avnet Introduces Performance Matched Kits

PHOENIX, Ariz. — Avnet Embedded Americas, part of Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), introduces Performance Matched Kits, a complete portfolio of motherboard, display, peripheral and support products from world-class manufacturers that eliminates the need to source individual components, develop cables and spend precious time and resources validating hardware. Watch…

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Doing Well by Doing Good

{complink 5218|STMicroelectronics NV} is one of those companies that back up corporate social responsibility statements with firm actions. And it's been doing it for years, first under former chairman and CEO Pasquale Pistorio and continuing even now, years after he left the job. At the recent Semico Summit, STMicroelectronics presented its view on shaping the…

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Avnet to Acquire Distributor Amosdec SAS

PHOENIX, Ariz. — Avnet, Inc. (NYSE:AVT) announced today that it has entered into a definitive agreement to acquire the value-added IT distributor Amosdec SAS. Founded in 1990, Amosdec is a leader in the field of virtualization and storage management solutions throughout France. During the 2010 calendar year, Amosdec generated revenue of approximately US$90 million. The…

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TE Connectivity Recognizes Arrow as Top Distributor

SCHAFFHAUSEN, Switzerland — TE Connectivity recently recognizes Arrow as “Distributor of the Year 2010” for the EMEA region. Dean Hassell, Vice President, Pemco, Arrow EMEA received the award at TE's 2011 Global Distribution Summit in San Francisco, California. Arrow was selected based on strategic categories matched to TE Connectivity's business and growth priorities with distribution:…

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MOSAID & Hynix Enter Patent License Agreements

OTTAWA, ONTARIO — MOSAID Technologies Inc. (TSX:MSD) today announced that it has concluded a patent portfolio license agreement with Hynix Semiconductor Inc. of Korea. In a separate purchase agreement, MOSAID has acquired a significant portfolio of patents and patent applications from Hynix. These two agreements follow the Memorandum of Understanding between MOSAID and Hynix which…

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TowerJazz Presents Q1 Results

MIGDAL HAEMEK, Israel — TowerJazz, the global specialty foundry leader, today announced financial results for the first quarter ended March 31, 2011. First Quarter 2011 Highlights Revenues of $120.6 million, up 6 percent year-over-year EBITDA of $40 million, up 13 percent year-over-year Cash and short-term deposits balance at quarter-end of $184 million Net profit on…

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Allied Electronics Named Distributor of the Year by Omron

FORT WORTH, Texas — Allied Electronics was recently recognized by Omron Industrial Automation as Distributor of the Year. Omron Industrial Automation is the U.S.-based division of Omron Corporation, a world-class manufacturer of industrial automation products. Allied primarily received the notable award for increased sales growth dollars and for having the largest percentage of growth. “Allied…

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PEI-Genesis Adds CIO

PHILADELPHIA, P.a. — PEI-Genesis, Inc., the world’s fastest assembler of precision connectors and power supplies, announced today the addition of Terrence Meehan as Chief Information Officer (CIO). This is a newly created position that will oversee the Company’s global IT systems and software. Meehan has been an IT professional since 1986 and has an impressive…

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