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YORK, UK – Electronic components distributor Cyclops Group has sold its contract manufacturing and assembly division to a management-led buyout team.

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LOS ANGELES – The owner of PRB Logics, an Orange County-based seller of electronic components, was arrested this morning on federal charges alleging he sold counterfeit integrated circuits, some of which could have been used in military applications.

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JASPER, IN -- Kimball Electronics reported fiscal third quarter net sales of $284 million, up 22% from a year ago on higher demand from the automotive and medical end-markets.

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