Knowles Completes Sale of Oscillator Business

Knowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic, audio processing, and precision device solutions, today announced that it has completed the sale of its timing device (oscillator) business, part of the Precision Devices segment, to Microsemi Corporation (Nasdaq: MSCC) for $130 million in cash, subject to customary adjustments. The Company…

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‘Ask Avnet’ Intelligent Agent Available in the Americas

Avnet, a leading global technology distributor, today announced that its “Ask Avnet” intelligent agent has moved into open beta, providing access to anyone in the Americas who visits Avnet.com to the diverse engineering knowledge base across the Avnet ecosystem, including Avnet, Hackster.io and element14. The first platform of its kind in electronics distribution, Ask Avnet is a tool that combines artificial intelligence (AI) and human…

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ECIA Names New VP

ECIA announces Don Elario will lead its new Global Industry Practices Council, as Vice President of Industry Practices. The GPIC replaces the Supply Chain Council, as announced previously. “Don Elario brings a wide array of skills to this very important initiative,” explained Victor Meijers, ECIA senior vice president. “His career spans 40 years in the industry,…

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JAGGAER to Acquire BravoSolution

JAGGAER, a leading independent spend management technology company, today announced that it plans to acquire BravoSolution from Italmobiliare S.p.A., subject to customary closing conditions, effectively rendering JAGGAER the largest independent, vertically focused spend management solutions company in the world. JAGGAER will have over 1,850 customers connected to a network of 3.7 million suppliers in 70…

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Just Like Being There: Productronica 2017 & SMT in the Augmented Age

In electronics manufacturing today, our relationship with machines, tools, or software is changing from that of master and servant to something that is more collaborative and augmented. The augmented age creates an exciting opportunity to use technology in a new way. Augmented reality, robotics, automation and artificial intelligence all allow us to augment our intellectual…

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