JAGGAER to Acquire BravoSolution

JAGGAER, a leading independent spend management technology company, today announced that it plans to acquire BravoSolution from Italmobiliare S.p.A., subject to customary closing conditions, effectively rendering JAGGAER the largest independent, vertically focused spend management solutions company in the world. JAGGAER will have over 1,850 customers connected to a network of 3.7 million suppliers in 70…

Astrodyne TDI Acquired by Tinicum

Astrodyne Holding Corp. (“Astrodyne TDI”) announced today that it has been acquired by Tinicum, L.P., and affiliated funds managed by Tinicum Incorporated (“Tinicum”).  Astrodyne TDI designs and manufactures innovative, highly engineered power solutions for demanding applications worldwide. Financial terms of the transaction were not disclosed. Astrodyne TDI’s products include power supplies and electromagnetic interference (“EMI”)…

Marvell to Acquire Cavium

Marvell Technology Group Ltd. (NASDAQ: MRVL) and Cavium, Inc. (NASDAQ: CAVM) today announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Marvell will acquire all outstanding shares of Cavium common stock in exchange for consideration of $40.00 per share in cash and 2.1757 Marvell common shares for each Cavium share. Upon completion of the transaction, Marvell will become a leader in infrastructure…

Aeronautics Buys Chassis Plans

Chassis Plans (www.chassis-plans.com) has been acquired by Aeronautics Ltd of Israel (https://aeronautics-sys.com). Chassis Plans’ rugged and custom solutions for computer hardware and displays will provide Aeronautics with complete end to end solutions for its integrated products in the US and throughout its global operations. “In return, this acquisition gives Chassis Plans access to Aeronautics’ global…

Mitsubishi Electric to Buy Powerex Power Device Distribution Business

Mitsubishi Electric US, Inc. announced today it will acquire the power device distribution business of Powerex, Inc., a joint venture of Japan-based Mitsubishi Electric Corporation and General Electric Company. Powerex, headquartered in Youngwood, Pennsylvania, manufactures and supplies power semiconductor devices. The new business unit will operate as a division of Mitsubishi Electric US to service the North and…

Broadcom Makes Offer to Buy Qualcomm for $130B

Broadcom Limited (NASDAQ: AVGO) (“Broadcom”), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced a proposal to acquire all of the outstanding shares of Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm”) for per share consideration of $70.00 in cash and stock. Under Broadcom’s proposal, the $70.00 per share to be received by Qualcomm stockholders would consist of $60.00 in cash and $10.00 per share…

Dialog Semiconductor to Acquire Silego

Dialog Semiconductor plc (XETRA:DLG), a provider of highly integrated power management, AC/DC power conversion, charging, and low power connectivity technology, announced today that it has signed a definitive agreement to acquire privately-held Silego Technology Inc., the leading provider of Configurable Mixed-signal ICs (CMICs), for a cash payment of $276 million with additional contingent consideration of…

Methode Acquires Pacific Insight

Methode Electronics, Inc. (NYSE: MEI) (“Methode”), a global developer of custom engineered and application-specific products and solutions, announced that it has completed the acquisition of Pacific Insight Electronics Corp. (“Pacific Insight”), a global lighting, electronics and full-service solutions provider to the transportation industry, in a cash transaction. Methode funded the total consideration of approximately US$114 million with available cash…

Sager Acquires Power Sources Unlimited

Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components and provider of value-add solutions, today announced that it has acquired the distribution and supply business of Power Sources Unlimited, Inc., (PSUI) a specialty distributor of power conversion products headquartered in Wrentham, Massachusetts. Frank Flynn, President of Sager Electronics, stated, “PSUI is…