Lockheed Martin Challenges Entrepreneurs to Pitch 1,000 Feet Above Austin at South by Southwest

BETHESDA, Md., Feb. 20, 2017 /PRNewswire/ — Lockheed Martin Ventures, the venture capital arm of Lockheed Martin, in partnership with ClearSky and ARCH Venture Partners, is accepting applications for a first-of-its-kind competition that will have entrepreneurs pitch their business plan in a helicopter in the skies above Austin, Texas. The pitch, at the 2017 South by…

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Avnet Evolves and so Must the Electronics Supply Chain

Avnet Inc.’s ongoing restructuring actions have ruffled feathers internally and sparked controversy in the industry about the kind of future CEO William Amelio has envisaged for the top-tier components distributor. Perhaps the entire electronics supply chain should contemplate the same question because the structural issues Avnet is trying to resolve are similar to those facing…

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Gerry Fay Departs Avnet

In the latest of a flurry of leadership changes at distribution giant Avnet, Gerry Fay has announced that he will be leaving his position as president of Avnet Electronics Marketing (EM) after 12 years with the company. Gerry Fay He will be pursuing external opportunities, Avnet said. Fay will be staying with the company for…

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IoT Group Sets Broad Agenda

SAN JOSE, Calif. – A group of more than 50 organizations released a broad framework this week for delivering services across the Internet of Things. The OpenFog Reference Architecture aims to set a baseline for guiding work on standards and product design, starting with security. The year-old group defines “fog” broadly to cover everything from IoT end…

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