IDEX Acquires Advanced Thin Films

LAKE FOREST, Ill. — IDEX Corporation (NYSE: IEX) today announced that it has entered into a definitive agreement to purchase Advanced Thin Films, LLC (ATFilms). ATFilms, with approximately $9 million in revenue, specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. ATFilms’ core competence…

Details

Plexus Reports Q1

NEENAH, Wis. — Plexus Corp. (Nasdaq:PLXS) today announced: Q1 Fiscal 2011 Results (quarter ended January 1, 2011): • Revenue: $566 million, relative to guidance of $550 to $580 million • Diluted EPS: $0.61, including $0.06 per share of stock-based compensation expense, relative to guidance of $0.56 to $0.62 Q2 Fiscal 2011 Guidance: • Revenue: $540…

Details

Tyco Reports Q1

SCHAFFHAUSEN, Switzerland — Tyco Electronics Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 24, 2010. The company reported a net sales increase of 11 percent year-over-year, and 2 percent sequentially, to $3.2 billion. Earnings Per Share from Continuing Operations (GAAP EPS) were $0.60 for the quarter, compared to $0.37 in…

Details

How to Kill a Monopoly

Technological innovation has a greater impact on high-tech competition than government antitrust measures. That’s the conclusion of recent research by the Technology Policy Institute, a Washington think tank evaluating the economics of innovation, technological change, and related US and global regulation. Taking a closer look at high-profile antitrust cases that put {complink 2470|IBM Corp.}, {complink…

Details

Xilinx Reports Q3

SAN JOSE, Calif. — Xilinx, Inc. (Nasdaq: XLNX) today announced third quarter fiscal 2011 sales of $567.2 million, down 8% sequentially and up 10% from the third quarter of the prior fiscal year. Third quarter fiscal 2011 net income was $152.3 million, or $0.58 per diluted share. The Xilinx Board of Directors announced a quarterly…

Details

Seagate Reports Q2

SCOTTS VALLEY, Calif. — Seagate Technology plc (NASDAQ:STX) today reported financial results for the quarter ended December 31, 2010. The company shipped 48.9 million disk drives and on a GAAP basis reported revenue of $2.7 billion, gross margin of 19.5%, net income of $150 million and diluted earnings per share of $0.31. On a non-GAAP…

Details

Business Setup Made Easier

So many considerations go into choosing an offshore manufacturing location that it's easy to get overwhelmed, particularly for small and midsized manufacturers. Set aside the noise and controversy over China, Mexico, or any other popular location, and start with areas that smooth the way for business setups. This is particularly important for small to midsized…

Details

Crowded Tablet Market Needs to Shrink

Are you backing the wrong horse in the crowded smartphone and tablet device market? Before your company bets its supply chain and scarce resources on a “most-likely-to-fail-player” in the tablet device market, perhaps you should pay close attention to what EBN readers have to say about who are likely to be the likely leaders. Our…

Details