Littelfuse, Inc. (NASDAQ:LFUS) and IXYS Corporation (NASDAQ:IXYS) today announced that they have entered into a definitive agreement under which Littelfuse will acquire all of the outstanding shares of IXYS in a cash and stock transaction. The transaction represents an equity value of approximately $750 million and enterprise value of $655 million.(1) Under the terms of the agreement,…
Avnet (NYSE: AVT) announced today that it has acquired Dragon Innovation, expanding the global distributor’s portfolio of offerings for customers as they move from design to prototype to volume production. Dragon Innovation’s proven process and deep hardware experience help customers understand manufacturing costs and schedules, find factories and manage production as they scale their businesses. “With the…
OSRAM has agreed to acquire Digital Lumens Inc., a U.S. company based in Boston, Massachusetts, that specializes in industrial IoT solutions. Founded in 2008, Digital Lumens employs 65 people and in the last fiscal year generated sales in the mid-double-digit millions (USD). The Digital Lumens software platform can be used to run applications covering everything…
TTI, Inc., an interconnect, passive & electromechanical (IP&E) component specialist, is on a new mission to give the market an alternative to buying semiconductors from broadline distributors. As part of this undertaking, TTI recently acquired privately-held Symmetry Electronics, a U.S.-based semiconductor distributor, building on its core principal of specialty distribution. TTI’s family of distributors has…
Continuing its acquisition strategy to expand in several key markets, Littelfuse Inc. recently acquired U.S. Sensor Corp., headquartered in Orange, California. The company is a manufacturer of thermistors and probe assemblies used in temperature sensing applications. The acquisition is part of the Littelfuse’s new five-year corporate strategy to double its sensor platform by 2021. “This…
TTI, Inc. today announced the acquisition of Symmetry Electronics, a privately held semiconductor component distributor headquartered in Hawthorne, California. Symmetry Electronics will operate as a wholly-owned subsidiary of TTI, Inc., with current management to remain in place. Both company’s day-to-day activities and operations will not be affected by this acquisition – Symmetry will operate separately,…
Peregrine Semiconductor Corporation, a full subsidiary of Murata (Headquarters: San Diego, California, USA) and Arctic Sand Technologies, Inc. (Headquarters: Burlington, Massachusetts, USA) today announced that they have entered into a definitive agreement of acquisition on March 15, 2017. Purpose of the acquisition Arctic Sand Technologies is a manufacturer engaged in the design and sale of…
Gowanda Components Group is pleased to announce that its capabilities for the design and manufacture of RF and microwave filters are expanding in connection with the acquisition of Microwave Circuits from AMTI in Lynchburg, VA. “Microwave Circuits’ designs and technologies complement those of our TTE Filters business unit,” said GCG CEO Don McElheny. “The synergy…
Key Transaction Highlights: Acquisition promotes further growth in sensor and actuator products, an important part of TDK’s strategic growth plan, and will strengthen TDK’s position as a stronger global player for sensor solutions. Transaction brings together more complete portfolio of sensor and software solutions spanning inertial, pressure, microphone and ultrasonic wave sensor products and technologies…
In the interconnect, passive and electromechanical market, the slightest advantage can help secure a component’s spot in an OEM design. IP&E component manufacturer Bourns Inc. is expanding its competitive edge in the power electronics market by acquiring specific assets of the Transtek brand of magnetics components. Transtek’s product portfolio included custom transformers, inductors and coils…