Microsemi Sells Non-Core Business to Mercury Systems

Aliso Viejo, Calif. — Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it has completed the sale of a non-strategic component of a board level systems and packaging business to Mercury Systems, Inc. (Nasdaq: MRCY), for $300 million in cash (subject to a customary purchase price adjustment).…

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TI Tops Industrial Semiconductor Ranking

Texas Instruments was ranked the top vendor of semiconductors in the industrial sector in 2015, according to Semicast Research. Rounding out the top five are Infineon Technologies, Intel, STMicroelectronics, and Renesas Electronics. Semicast estimates TI’s market share at 8.1 percent, followed by Infineon (6.8%), Intel (4.9%), STMicroelectronics (4.4%) and Renesas (3.8%). “Intel passed STMicroelectronics to become the…

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Manufacturing Up for Second Consecutive Month

Economic activity in the manufacturing sector expanded in April for the second consecutive month –albeit at a slightly slower pace — according to the nation’s supply executives in the latest business report from the Institute for Supply Management (ISM). “The April PMI registered 50.8 percent, a decrease of 1 percentage point from the March reading…

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Counting the Hidden Costs of Off Shoring

Hidden costs remain the biggest and scariest issue with having product manufactured offshore. These unseen costs suck out your profit margins. Virtually every organization, large or small, underestimates these costs. Most often purchasing or marketing never factors these elements into the pricing model. Finance or cost accounting is (inadvertently)  left to flow the hidden costs…

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