ELK GROVE VILLAGE, IL – EMS firm SigmaTron International and pet tech company Wagz have executed a letter of intent related to a merger. Subject to terms and conditions, SigmaTron would issue approximately 2.27 million new shares of SigmaTron stock that would result in the stockholders of Wagz owning approximately one-third of the combined company.
FRAMINGHAM, MA – The combined consumer and enterprise worldwide wireless local area network (WLAN) market segments rose 2.3% year-over-year in the first quarter, according to International Data Corp. The enterprise segment fell 2.2% year-over-year in the first quarter, with $1.3 billion in revenue.
SINGAPORE – Global PC and tablet shipments will fall 7% year-over-year to 367.8 million units in 2020, according to Canalys. The firm expects the global PC market to stay flat in 2021 and return to growth of 2% in 2022.