TE Connectivity Awards TTI

TTI, Inc., the leading authorized distributor of interconnect, passive, electromechanical and discrete components, announced today the company has received TE Connectivity’s highest performance award as the Global Distributor of the Year. The award was presented to the TTI executive team during the TE Global Distribution Summit meeting in Atlanta, Georgia. The annual award recognizes TE’s…

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Molex Names Mouser e-Catalog Distributor of the Year

Mouser Electronics, Inc., the global authorized distributor with the newest semiconductors and electronic components, has been named the 2015 Global e‑Catalog Distributor of the Year for the third-straight year by Molex LLC, a leading manufacturer of interconnect solutions. Mouser is the only e-catalog distributor to win this award consecutively. Mouser received the award for helping…

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PEI-Genesis Acquires FilConn

PEI-Genesis has acquired Arizona-based FilConn, Inc., a manufacturer of precision high reliability filter, transient suppression, and custom configured connectors for the mil-aero, medical, transit and oil/gas industries; it was announced today by Steven Fisher, CEO of PEI-Genesis. The purchase allows the company to better serve customers’ needs for low volume, quick turn, custom connectors. “We consider ourselves…

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RFMW, SANAV Sign Distribution Agreement

RFMW Ltd. and SANAV announce a distribution relationship allowing RFMW to promote and sell SANAV products worldwide. SANAV offers both standard and custom antenna solutions for multiple markets. Under the agreement, RFMW will support SANAV’s antenna activity, including sales of their GPS, GNSS, 4G, UHF, WiFi and MIMO antennas. With years of manufacturing experience combined…

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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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KEMET Sales Down 10.7% in FY16

Greenville, S.C. –  KEMET Corporation (NYSE: KEM) Net sales for the quarter up 3.8% to $183.9 million compared to the prior quarter ended December 31, 2015. Gross margin for fiscal year 2016 of 22.2% compared to 19.4% for the prior fiscal year 2015. Cash Balance as of March 31, 2016 of $65.0 million up $21.8 million from December 31, 2015…

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Molex Awards TTI

Fort Worth, Tex. – TTI, the leading global distributor of interconnect, passive, electromechanical and discrete components, has been awarded the 2015 Global Distributor of the Year Award from Molex. Molex’s most prestigious channel partnership award recognizes one outstanding global channel partner each year for advancing Molex technology solutions through demonstrated growth in worldwide sales coupled…

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