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STRATHAM, NH – ITW has acquired Vitronics-Soltec from Francisco Partners for an undisclosed sum. The deal creates the world’s largest supplier, in revenues, of wave soldering equipment.

ITW plans to let the two units operate independent of each other, although there is speculation that arrangement won't last for long.

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SAN JOSE – North American-based manufacturers of semiconductor equipment posted a 90-day average of $1.23 billion in orders in February, up 8% from the revised January figure and down 12% year-over-year.

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SHANGHAI -- The electronics industry descended on Shanghai this week as four major exhibitions staged a convergence of programs.

The week began March 17 with the opening of the 11th annual Electronic Circuit World Convention. This is the first time this conference has been hosted in Asia.  

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