Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced financial results for its second quarter of fiscal year 2014, which ended May 3, 2014. “We had a very good second quarter, with our performance ahead of expectations,” said Vincent Roche, President and CEO. “Our growth this quarter…
DetailsBel Fuse Inc. (NASDAQ:BELFA) (NASDAQ:BELFB) announced today that it has entered into a definitive agreement to acquire the Emerson Network Power Connectivity Solutions (ECS) business of Emerson Inc. (NYSE:EMR). Bel will pay approximately $98 million in cash to acquire the ECS business, which had 2013 revenue of approximately $83 million. The acquisition, which is subject…
DetailsGlobal electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced stock of Honeywell’s new Nanopower line of magnetoresistive sensor ICs. These devices are designed to accommodate a wide range of applications with large air gaps, small magnetic fields, and lower power requirements. They respond to either a North or South…
DetailsTTI, Inc., the leading global distributor of interconnect, passive, electromechanical and discrete components, announced today the company will distribute Honeywell’s Sensing and Control Magnetoresistive Sensor ICs Nanopower Series. TTI and Honeywell are pleased to introduce and stock this leading-edge sensor technology that offers design engineers numerous advantages compared to other widely used magnetic technologies. TTI’s…
DetailsArrow Electronics, Inc. (NYSE:ARW) today announced that Andrew S. Bryant has been named chief operating officer of the company’s global components and global enterprise computing solutions businesses. Mr. Bryant had served as president of Arrow’s global enterprise computing solutions business since 2008 and has over 30 years of experience in the technology distribution industry. He…
DetailsArrow Electronics, Inc. (NYSE:ARW) announced today that its RF & Power business will distribute products in the Americas from Telegesis Ltd., a U.K.-based company that specializes in ZigBee RF modules and firmware. Telegesis’ product range features its core product family of ZigBee modules, as well as ZigBee USB sticks and a ZigBee-to-Ethernet gateway. Firmware for…
DetailsMemoori estimates that revenue from the global LED Lighting market for buildings hit $8.1 billion in 2013 and will rise to around $10.3 billion by the end of 2014. The market will have grown still further to total almost $23 billion by 2018. This represents a compound annual growth rate (CAGR) in the overall market…
DetailsTTI, Inc. the leading global distributor of interconnect, passive, electromechanical and discrete components has been honored with Eaton’s Distributor of the Year Award adding to the list of top supplier awards received at the Electronic Distribution Show in Las Vegas, Nevada. Eaton is recognized as a leading power management company offering energy efficient solutions to…
DetailsFor the fourth consecutive year, Heilind Electronics, the largest distributor of interconnect products in North America, ranked first in overall customer satisfaction in a survey of electronics distribution customers. The survey was conducted throughout March and April by market research firm Bishop & Associates and evaluated the top 12 electronics distributors in North America. Survey…
DetailsAvnet, Inc. (NYSE:AVT), a leading global technology distributor, today announced that Wade McDaniel, vice president of solutions architecture, Avnet Velocity, will present during a workshop titled, “Conquering the Basics of Supply Chain Segmentation,” at the Gartner Supply Chain Executive Conference. The conference will be held at the JW Marriott Desert Ridge in Phoenix, May 20-22,…
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