Xilinx and Avnet Deepen Distribution Engagement

Semiconductor vendor Xilinx Inc. and Avnet Inc. have struck an agreement to expand their existing relationship and extend this into a range of services meant to showcase the top-tier distributor’s reach into the electronics design chain. The announcement builds on steps already taken in recent months by Avnet to reorganize operations and refocus on strengthening…

Intel Completes Acquisition of Altera

Santa Clara, Calif. – Intel Corporation (“Intel”) today announced that it has completed the acquisition of Altera Corporation (“Altera”), a leading provider of field-programmable gate array (FPGA) technology. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments. “Altera is…

Altera Q3 Sales Falls 20%

San Jose, Calif. — Altera Corporation (NASDAQ: ALTR) today announced third quarter sales of $399.6 million, down 4 percent from the second quarter of 2015 and down 20 percent from the third quarter of 2014. Third quarter net income was $61.5 million, $0.20 per diluted share, compared with net income of $70.3 million, $0.23 per diluted share, in the second quarter of 2015 and $118.0…

distributors

Chip Mergers: For Arrow, So Far, So Good

So far, Intel Corp.’s acquisition of Altera Corp. has not affected either supplier’s relationship with global distributor Arrow Electronics Inc. Although neither company was mentioned by name, Arrow CEO Mike Long told analysts on a quarterly conference call this week that consolidation in the semiconductor market — which also includes NXP/Freescale and Avago/Broadcom — has…

Why is Distribution Outperforming Suppliers?

This past financial quarter has driven home the adage that business concentration among a few large customers has its downside.  For example, although Apple Inc. sold almost 48 billion iPhones in Q2, many of its suppliers – according to CNN and others – were “getting crushed:” Just look at Cirrus Logic (CRUS), which makes micro chips…

Semiconductor Consolidation Drives 1H15 M&A

In high-tech “disruptive” is a good thing. Disruption was the driving force behind the majority of the high-technology mergers and acquisitions in the first half of 2015, with acceleration in deal-making during Q2. Corporate technology buyers pushed 2Q15 deals to a record $127.2 billon, which is higher than any quarter since 2000 and up 65…

Consumer Electronics Drive FPGA Growth

San Francisco, Calif. – The global field programmable gate array (FPGA) market is forecast to reach $9,882.5 million by 2020, according to a new study by Grand View Research, Inc. The key growth driver over the next six years is increasing demand for consumer electronics, including smartphones. The report, FPGA (Field Programmable Gate Array) Market Analysis By…