ConvergeOne to Aquire Arrow’s Systems Integration Business

ConvergeOne, a leading global IT services provider of collaboration and technology solutions, today announced that it has signed an agreement to acquire Arrow Electronics’ Systems Integration business, specializing in unified communications, contact center, and voice and data technologies. Completion of the transaction is expected to occur within 30 days. This acquisition further solidifies ConvergeOne’s position…

Broadcom-Qualcomm: A Merger of Equals is Better

Qualcomm Inc. was right to turn down Broadcom Ltd.’s “final” purchase offer. It is bad for both companies. A better deal is a merger of equals that promises major tax benefits for shareholders, a lower debt burden and swift integration. A merger is what Broadcom and Qualcomm should be discussing rather than the likely fruitless…

Fujifilm to Acquire Xerox

FUJIFILM Holdings Corporation (President: Kenji Sukeno, “Fujifilm”) announced today that the company and Xerox Corporation (CEO: Jeff Jacobson, NYSE :XRX, “Xerox”) have entered into a definitive agreement to combine Fuji Xerox Co., Ltd. (President: Hiroshi Kurihara, “Fuji Xerox”) and Xerox. Fujifilm will own 50.1% stake of the combined company. This transaction has been unanimously approved…

E2open Acquires Two CDM Providers

E2open, the one place in the cloud to run your supply chain, today announced that it has acquired Channel Data Management (CDM) providers, Birch Worldwide and Entomo. These acquisitions further strengthen E2open’s CDM capabilities, providing organizations the most comprehensive platform in the market to improve sales channel performance. “E2open is committed to being the leader…

Advanced MP Acquires EarthTron

Advanced MP Technology, Inc. (AMPT), an industry leader with over 40 years of experience in the distribution of electronic components and provider of supply chain services, announced today the acquisition of EarthTron, an unlimited distributor specializing in sourcing and purchasing excess and obsolete electronic components. This investment is a natural fit within the global expansion…

TTI Buys Second Chip Specialist & Expands into South Korea

On the last business day of 2017, TTI Inc. acquired its second semiconductor company, Changnam I.N.T. Ltd. of South Korea. The longtime specialty distributor of interconnect, passive and electromechanical (IP&E) components expanded its nascent semiconductor linecard and its geographic reach in one fell swoop. But TTI’s ambition is not to become a global broadline distributor,…

AVX to Acquire Ethertronics

AVX Corporation (NYSE: AVX) today announced that it has signed a definitive agreement to acquire Ethertronics Inc., a privately held manufacturer of passive and active antenna systems. Ethertronics is a leader in advanced antenna system technology and manufactures antenna products for wireless applications such as mobile phones, Wi-Fi, defense, aerospace, medical, and Internet of Things.…

TTI to Acquire CHANGNAM

TTI Inc. announces the acquisition of CHANGNAM I.N.T. Ltd. Founded in 1992, CHANGNAM is a privately held distributor in South Korea specializing in semiconductors. The company is principally focused on the automotive, consumer electronics, industrial and wireless end markets, and in addition to a technical sales and marketing team, has hardware and software engineers that…

Prysmian to Acquire General Cable for $3B

Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that they have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a premium of approximately 81% to the General Cable closing price of $16.55 per share on July 14, 2017, the last day…