RISC V, procurement

How Open Source Hardware Empowers Procurement

The advent of processors based the RISC-V Instruction Set Architecture (ISA) is not just exciting for engineers and designers—open source hardware benefits procurement, experts said. “Open source does two things for you: it rationalizes price and motivates adoption and investment,” explained Keith Witek, senior vice president, Corporate Development, Strategy, and General Counsel at SiFive, a…

Abracon and NXP Release Rapid IoT Prototyping Kit

Abracon, LLC (Abracon), The Heartbeat of the IoT®, a leading global manufacturer of frequency control, timing, synchronization, RF, connectivity and power solutions collaborated with NXP® Semiconductors to address prototyping and small production needs in the Internet of Things (IoT) sector. Abracon contributions to the NXP kit include timing, RF and Near Field Communications (NFC) antenna…

How Avnet Manages Small Customers With Big Ideas

Avnet Inc. has wasted little time in leveraging new and existing design assets to reach up-and-coming businesses. The distributor’s acquisition of Premier Farnell, Hackster.io and Dragon Innovation has enabled the often-unwieldy global organization to support the makers and entrepreneurs that could be developing the next must-have computing, communication or consumer device. Broadline distributors such as…

Qualcomm Raises Bid for NXP

Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm”) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has reached an agreement with NXP Semiconductors N.V. (NASDAQ: NXPI) to increase to $127.50 per share its previously announced cash tender offer to purchase all outstanding shares of NXP.  The amended agreement, which was approved by the Qualcomm…

EU Approves Qualcomm’s Acquisition of NXP

The European Commission has approved under the EU Merger Regulation the proposed acquisition of NXP, based in the Netherlands, by Qualcomm of the US. The approval is conditional on full compliance with commitments offered by Qualcomm. Both firms are important players in the semiconductor industry. Commissioner Margrethe Vestager, in charge of competition policy, said: “We use…

Gallagher Gauges Avnet’s Transformation

Phil Gallagher is optimistic about Avnet Inc. Following the announcement of the distributor’s fiscal Q2 earnings, the president of Avnet’s electronic components business assessed the company’s progress after a tumultuous 18 months. “We are making progress,” Gallagher said. “We are excited about where we are. We feel we are coming out the other side of a number…