reverse engineering pca
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Bel to acquire Power-One Power Solutions from ABB
Bel Fuse has entered into a definitive agreement to acquire the Power-One Power Solutions business of ABB. Bel will pay approximately USD 117 million in cash to acquire the Power Solutions business, which had 2013 revenue of approximately USD 251 mil...
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AEG Power Solutions Sells its Indian Facility
AEG Power Solutions has sold its Indian subsidiary to Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), who is expanding its activities on the Indian domestic market. AEG PS’s Indian facility is mainly focused on solar inverters man...
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Electronic House UAB invests in new equipment
Electronic House UAB has recently invested in a ARBURG Allrounder 275V inject molding machine. Inject molding is commonly used in cable industry for producing customised solutions for both hi and low quantities on requested products. COO Marek Gaiduk...
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1Q: better than expected for STATS ChipPAC
STATS ChipPAC first quarter of 2014 was better than expected. However, revenue still decreased 7.5% from the previous quarter reflecting a seasonally weaker demand in most end markets. Tan Lay Koon, President and Chief Executive Officer of STATS Chip...
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Farewell Nokia – Microsoft, you’re up
Nokia has completed the sale of substantially all of its Devices & Services business to Microsoft. The transaction was subject to potential purchase price adjustments. The estimate of the adjustments made for net working capital and cash earnings...
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OnCore implements E2open’s solution
OnCore Manufacturing has implemented E2open’s supplier collaboration solution. With E2open’s solution, OnCore aims to offer more effective customer service. The implementation of E2open improves OnCore’s supply chain flexibility, agility ...
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Benchmark’s revenues and income skyrockets
EMS-provider Benchmark Electronics experienced a strong start of the new fiscal year. During the company’s first quarter, revenues increased 18% from Q1 2013 to USD 639 million Cash flows provided by operating activities for Q1 2014 were approx...
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Plexus keeps on trucking
Second quarter revenues were USD 558 million, above the midpoint of the company’s guidance range and an increase of approximately 4% from the prior quarter. Dean Foate, Chairman, President and CEO, commented, “During the quarter, we won 4...
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Celestica hit its guidance
Celestica’s revenue for the first quarter 2014 amounted to USD 1.312 billion, within the company’s guidance of USD 1.30 – 1.40 billion, which however, is a decrease of 4% compared to the first quarter of 2013. “Celestica delivered f...
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Cadence expands verification solution with acquisition of Jasper
Cadence Design Systems has entered into a definitive agreement to acquire Jasper Design Automation for approximately USD 170 million in cash. Jasper Design Automation is provider of formal analysis solutions, providing multiple verification solutions...
