Molex Purchases Luxtera AOC Biz

LISLE, Ill., and CARLSBAD, Calif. — Molex Incorporated (NASDAQ:MOLX and MOLXA), a global leader in the high speed interconnect marketplace, today announced that it has completed the acquisition of Luxtera’s Active Optical Cable (AOC) business. Luxtera, the worldwide leader in Silicon CMOS Photonics, will transfer all aspects of its existing and future AOC business to…

Return of Fiber Good News for Components Biz

Despite the benefits of fiber optic networking, widespread implementation of the technology hasn't occurred as quickly as many expected. Fiber optics have been adopted by the telecom industry in long-haul applications, but wide market adoption in additional market segments has stumbled, due primarily to expense. However, demand for more and faster data access is spurring…

GigOptix CFO Resigns

PALO ALTO, Calif. — GigOptix, Inc. (OTCBB:GGOX), a leading supplier of high performance electronic and electro-optic components that enable next generation 40G and 100G optical networks today announced the resignation of its Chief Financial Officer, Ron Shelton, which will be effective February 1, 2011. Jeff Parsons, Corporate Controller, has been appointed Acting Chief Financial Officer…

LED Supply and Demand Picture for 2011

Anyone that did any holiday shopping in electronics stores probably noticed the latest generation of TVs sets with LED backlighting. Like the first HD liquid-crystal display (LCD), LED backlighting is a noticeable improvement in TV technology. “Consumers are attracted to LED-backlit LCD TVs by attributes including their thinner form factors, improved picture quality, better color…

CTS to Acquire Fordahl SA

ELKHART, IN — CTS Corporation (NYSE: CTS) today announced it has reached a definitive agreement to acquire certain assets and liabilities of Fordahl SA, a privately held company located in Brügg, Switzerland. Revenues are initially estimated at $5 million in 2011 and are expected to grow double-digit over the next several years. The Fordahl product…

Get Strategic With Military/Aero IC Supply Challenges

What's missing from how the electronic and high-tech industry is doing business under an obsolescence mitigation (OM) approach is the long-term view. OM is, frankly, a tactical response to a strategic business challenge: sustaining long-term electronics systems viability. OM is a disruptive, time consuming, and costly headache to aerospace and other OEMs. What’s missing in…

LEDs Are Set to Take Over Lighting

Recent favorable analyst comments on the LED (Light Emitting Diode) market and, specifically, market leader {complink 12830|Cree Inc.} have once again fired up interest in LEDs, which have the potential for long-term market-share gains in many conventional lighting markets. In fact, it seems that, if anything, LED growth has been underestimated. LED lights differ from…

PerkinElmer Unit Re-Launched as Excelitas

WALTHAM, Mass. — With a continued focus on delivering innovative, customized technology products and solutions to its global commercial and defense customers, the former Illumination and Detection Solutions (IDS) business of PerkinElmer was formally re-launched today as Excelitas Technologies Corp. Now owned by private equity firm Veritas Capital, Excelitas Technologies has 3,000 employees, manufacturing operations…