Gowanda, N.Y. – Gowanda Electronics, a business unit of Gowanda Components Group (GCG), is pleased to announce that its capabilities for the design and manufacture of inductors and other passive components are expanding in connection with its parent company’s acquisition of Butler Winding in Butler, PA. GCG CEO Don McElheny stated, “Butler’s products and capabilities…
Irvine, Calif. – Infinite RF Holdings, Inc., an urgent needs supplier of engineering-grade radio frequency (RF), microwave and millimeter-wave components and cable assemblies through their Pasternack and Fairview Microwave branded lines, today announced the acquisition of L-com, Inc., a manufacturer of wired and wireless connectivity solutions with significant custom manufacturing capabilities. Headquartered in North Andover,…
LeEco and VIZIO, Inc. announced today a definitive agreement under which LeEco would acquire VIZIO, Inc. for $2 billion USD. The VIZIO hardware and software businesses will be owned and operated as a wholly owned subsidiary of LeEco, while the VIZIO data business, Inscape, will spin out and operate as a separate, privately owned company. Recently…
Premstaetten, Austria — ams AG (SIX: AMS), a leading provider of high performance sensors and analog ICs, has closed the transaction to acquire 100% of the shares in the color and spectral sensing systems specialist MAZeT GmbH for an undisclosed amount in cash. The strategic acquisition extends ams’ market leadership in advanced optical sensors and…
As part of the three-pillar strategy announced last November, Osram is further expanding the leading position of its Specialty Lighting (SP) business. The company has agreed to acquire Novità Technologies, a U.S. manufacturer of automotive LED modules which are used particularly in tail lights, fog lights and daytime running lights. The acquisition will immediately be…
There is no doubt why SoftBank is spending $31.4 billion to acquire ARM Holdings. The company is making a huge investment in the industrial Internet of Things (IoT). The question is will paying a premium price for ARM pay off? Here are the stats: The number of devices connected to IIoT is forecast to grow…
Summary The boards of directors of SoftBank Group Corp. (“SoftBank”) and ARM Holdings plc (“ARM”) are pleased to announce that they have reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued share capital of ARM by SoftBank (or, at SoftBank’s election, a wholly-owned subsidiary of…
In a move to focus on its LED business, Cree, Inc., a leading manufacturer of LED lighting, will sell its Wolfspeed Power and RF division, which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG for $850 million in cash. For Infineon, the acquisition puts the company on a path to become the number…
Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned…
San Jose, Calif. – Cavium, Inc. (NASDAQ:CAVM) (“Cavium”), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, and QLogic Corp. (NASDAQ:QLGC) (“QLogic”), a leading supplier of high performance networking infrastructure solutions, today announced that they have entered into a definitive agreement for Cavium to acquire all of the outstanding QLogic common stock…