Siemens has signed an agreement to acquire the industrial drive business of EBM-Papst, for an undisclosed sum. “EBM-Papst’s portfolio of mechatronic drive systems and its people are an excellent fit for Siemens,” said Siemens digital industries CEO Cedrik Neike. “The acquisition will enable us to tap new business in the market for intelligent, battery-powered drive solutions in intra-logistics as well as ...
UK-based Trend Networks has acquired US fibre test equipment manufacturer Terahertz Technologies. Trend was known as Ideal Networks until March this year. It is a manufacturer of data cable, network and CCTV testers. Terahertz makes testers for OTDR, PM/LS, OLTS, PON, DWDM and CWDM. “Businesses handling fibre optic cables can now depend on us for a wider range of equipment for ...
DRAM prices are set to increase as ainventory levels fall relative to demand, says IHS.
A healthier global economy helped Avnet grow fiscal Q2 sales above the seasonal norm but favourable currency translations also lent a hand .
"We have made good progress implementing our strategy and have strengthened our position in all regions through the expansion of the electronics and e-Commerce offers and increased engagement with strategic suppliers," said Ian Mason, group CEO
Following the success of its tiny Eee laptop, Asus has launched an equally small desktop called Eee Box. The unit is 222x178x26.9mm, a fraction over one litre, but still includes an 80Gbyte hard drive, a flash card reader, 10/100/1,000 Ethernet and 802.11n WiFi.
Avnet has agreed to acquire the Berlin-based passive components distributor Betronik GmbH
Distributor association Afdec has pegged back its growth forecast for the UK component distribution market
A senior executive at the world’s second largest connector maker has welcomed Avnet Time’s acquisition of UK-based distributor Flint as good news for the European connector market
Recent acquisitions in the UK and Germany indicate a new sense of optimism in the component distribution market
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