Cirrus Logic to Acquire Lion Semiconductor

Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that it has entered into an agreement to acquire California-based Lion Semiconductor for $335 million in cash. This acquisition brings unique intellectual property and products for power applications in smartphones, laptops and other devices and accelerates growth of the company’s high-performance mixed-signal business. Lion is expected to be immediately…

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Sourcengine Partners With Nexperia

Sourcengine, the electronic component industry’s leading e-commerce marketplace, today announced that it is making components from Nexperia, the expert in essential semiconductors, available worldwide. This hugely beneficial strategic partnership leverages Sourceability’s new global distribution agreement with Nexperia to further grow Sourcengine’s ability to offer purchasers in-demand, top-quality parts while expanding their insight into the components…

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ECIA GIPC Design Registration Initiative Update

The ECIA’s Global Industry Practices Committee (GIPC) has reached a milestone in its Design Registration program initiative. Design Registration is a program to encourage, reward, and support engineering services in product design and demand creation activity from Authorized Distributors and guaranteeing revenue capture wherever the order is fulfilled. One critical objective of the initiative is…

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Digi-Key Enhances Order/Returns Portal

Digi-Key Electronics, which offers the world’s largest selection of electronic components in stock for immediate shipment, announced that it has launched an enhanced online returns and order issues portal for customers. The updated portal offers a more user-friendly model that allows international customers to fully self-service returns including printing return shipping labels, making corrections, submitting…

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TTI Names New CFO & Promotes Ethics Vice President

TTI, Inc. a leading specialty distributor of electronic components, today announced the appointment of Ashish Bhuskute, to the position of Chief Financial Officer. In making the announcement, Mike Morton, CEO, commented, “Ashish’s knowledge and strength in the areas of financial planning and analysis along with mergers and acquisitions, offers an impressive career portfolio that we…

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Sager Receives Foreign Trade Zone Site Activation

Sager Electronics, a leading North American distributor of Interconnect, Power, Electromechanical, and Thermal solutions and provider of custom solutions, today announced the company has completed all necessary proceedings to secure Foreign Trade Zone (FTZ) activation at its distribution and Power Solutions Center, in Carrollton, Texas. This activation includes the entire warehouse and production areas of…

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