Chicago, Ill. – element14 has signed an agreement to be the exclusive global distribution and manufacturing partner of Motorola for its new maker and developer-focused Moto Mods Development Kit (MDK). The MDK is designed to connect to the new Motorola Moto Z smartphone and enable makers to create their own Moto Mods, creating custom applications that transform the capabilities of…
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A recent change in leadership and double digit sales drops in its last quarter is not keeping Avnet Inc. from making acquisitions. The Phoenix, Arizona-based component distributor has agreed to buy Premier Farnell Plc $911 million, edging out a bid by Daetwyler Holding AG of Switzerland. If the deal goes through, it will be the…
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Analog Devices Inc. (ADI) will acquire Linear Technology for $14.8 billion, making it a tougher competitor in the analog semiconductor sector with expected annual revenues of about $5 billion. The combined companies will become an analog industry leader across product categories, including data converters, power management, amplifiers, interface, and RF and microwave products. The acquisition…
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Avnet Inc. has swooped in to buy Premier Farnell plc for approximately £691 million or $907 billion, which outbids Datwyler Technical Components’ offer by 12.1 percent. This acquisition follows a tough year for the $27.9-billion global technology distributor with the recent resignation of Rick Hamada as CEO and struggling sales growth. In June, Premier Farnell…
DetailsPhoenix, Ariz. —Avnet, Inc. (NYSE:AVT) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc (“Premier Farnell”) on the terms of a recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. The all-cash offer of £1.85 per share represents an equity value of approximately £691…
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Jul 28, 2016 div.news_body img { margin: 0 0 20px 20px; float:right; max-width: 250px; max-height: 250px; width: auto !important; height: auto !important; } PHOENIX – Avnet, Inc. (NYSE: AVT) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc (“Premier Farnell”) on the terms of a recommended offer for Premier…
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Like the weather, everyone talks about the problem of counterfeiting but few really do anything about it. That’s why the government is stepping in with its call for a solution backed by millions in investment. The electronic supply chain is plagued by counterfeit parts, and even the US military is not immune. That’s why in…
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San Francisco-based Birst this week unveiled new capabilities within its Networked BI (Business Intelligence) & Analytics platform to enable customers to create a digital supply chain. In a telephone interview with EBN, Kate Delimitros, Birst’s senior director of product strategy, said the goal is to provide visibility and analytics up and down the supply chain,…
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ROCHESTER, N.Y. , July 28, 2016 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise markets, is pleased to announce that Ubimax, a leading supplier for industrial wearable computing solutions, has joined the Vuzix Industrial Partner (VIP) program. As…
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July 28, 2016 09:04 AM Eastern Daylight Time SAN JOSE, California–(BUSINESS WIRE )–InvenSense, Inc., (NYSE:INVN), a leading provider of MEMS sensor platform solutions, announced the ICM-20690, a mainboard six-axis sensor (3-axis accelerometer + 3-axis gyroscope) with concurrent motion user interface (UI) and optical image stabilization (OIS) support. The sensor supports macro image stabilization (OIS-Macro), pioneered…
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