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SAN JOSE, CA – Power Design Services (PDS) and Green Circuits announced a merger agreement, effective May 21. Financial and other terms were not disclosed.

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SHANGHAI -- Some 16 companies, including Foxconn and China Telecom, announced their backing of the 5G industry alliance, announced yesterday here.

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JASPER, IN -- Kimball Electronics announced today that it has signed an agreement to purchase substantially all of the assets and assume certain liabilities of GES Holdings, Global Equipment Services and Manufacturing, and its subsidiaries for approximately $50 million plus assumed liabilities, subject to certain post-closing working capital adjustments.

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