Exec Changes at Premier

LONDON — Premier Farnell plc (the “Company”) announces that Mark Whiteling, CFO has informed the Board that he will leave the Company in August to pursue a new career in the Private Equity sector. Harriet Green CEO commented “Mark joined Premier Farnell in 2006 and has played an important part in the successful first phase…

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Oil Price Hike: Here We Go Again!

Speculation on the uncertainty in the Middle East has once again fueled oil prices to their highest levels since 2008. While Libya only contributes 2 percent to the global crude oil production, it is a major regional player. Libya is Africa's third-largest crude producer and has the largest oil reserves in Africa, approximately 44 billion…

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CoActive Acquires Comax

NEWTON, Mass. — CoActive Technologies, a leading global provider of interface solutions, announces the acquisition of Comax Industrial Co. Ltd, an innovative designer and manufacturer of switch products and assemblies. The acquisition of Comax complements and increases CoActive's range of C&K switch products while strengthening its manufacturing and customer footprint in Asia. “We are pleased…

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Probe Secures Capital Funding

IRVINE, Calif. — Probe Manufacturing, Inc., (Pink Sheets:PMFI), a global electronics design, manufacturing and services company, announced today it secured $1 million in working capital from Far West Capital, the leading provider in working capital financing in Texas, to focus on company growth and expansion. “Far West Capital has been instrumental in providing a customized…

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Arrow Acquires Richardson’s Power

MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE:ARW) announced that the company has successfully completed the acquisition of all of the assets and operations of the RF, Wireless and Power Division of Richardson Electronics, Ltd. (“Richardson RFPD”). Richardson RFPD is a leading value-added global component distributor and provider of engineered solutions serving the global radio frequency…

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Bel Fuse to Acquire Pulse Shares

JERSEY CITY, N.J. — Bel Fuse, Inc. (NASDAQ: BELFA) (NASDAQ: BELFB) today announced that it has made a proposal to acquire all of the outstanding shares of Pulse Electronics Corporation (NYSE: PULS) common stock for per share consideration of $6.00. Bel's proposal would allow Pulse Electronics shareholders the ability to choose whether to receive the…

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