Avnet Closes Chapter on TI; Doubles Down on Digital

On December 31, Texas Instruments Inc. and Avnet Inc.  formally end their 40-year distribution relationship. Avnet’s success in replacing that business  – estimated at 10 percent of Avnet’s sales — will be evident in the future, said Phil Gallagher, who was named Avnet’s CEO on November 23. Avnet’s fiscal 2020 sales reached $17.6 billion. TI…

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Molex Acquires Fiberguide Industries

Molex, a leading global connectivity and electronics solutions provider, announced the acquisition of Fiberguide Industries, a manufacturer of customized optical fiber solutions based in Caldwell, Idaho. Fiberguide will join Molex’s Polymicro business, a Phoenix-based provider of specialty optical fiber and fluidic-based products tailored for medical, industrial and datacom applications. “Today, Molex is setting a new…

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Why Is Telematics Important for the Global Supply Chain?

Telematics technology — which can refer to any piece of tech that combines telecommunications and information technology — is used across the business world, but it’s particularly valuable for logistics professionals, who face the challenge of managing an increasingly complex network of goods and delivery vehicle fleets. With the right piece of technology, entrepreneurs can…

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Amphenol Corp. to acquire MTS Systems for $1.7 billion

Amphenol, an interconnect, antenna and sensor solutions specialist, has entered into a definitive agreement with MTS Systems, a supplier of test systems, motion simulators and precision sensors, under which will acquire MTS for USD 1.7 billion. “We have long admired MTS’s technology and position across a variety of attractive end markets,” said R. Adam Norwitt,…

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