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ARMONK, NY -- IBM Corp. last week issued layoff notices to about 400 employees of its hardware development division. The company downsized staff in Austin, TX; Burlington, VT; San Jose; Raleigh, NC; and Rochester, MN.

Employees have 30 days to secure another job within the company, according to a spokesman.  Read more ...
TORTOLA, BRITISH VIRGIN ISLANDS -- The CEO and president of EMS provider Bonso Electronics International retired, effective Oct. 1.

Chairman Anthony So has taken over as president and CEO from George O'Leary, who was with Bonso for 15 years.
Read more ...
THIEF RIVER FALLS, MN – Digi-Key has signed an agreement to globally distribute the power transducers and other components from CR Magnetics.
 
CR Magnetics manufactures current, voltage, power and frequency transducers, relays, current transformers, hall effect sensors and other devices.
 
Separately, Digi-Key announced its distribution agreement with Winbond would be extended to include Europe.
 
Winbond supplies various semiconductors.
 
Digi-Key distributes electronic components and currently ships product to more than 140 countries.

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