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SAN JOSE — The 90-day moving average orders at North America-based semiconductor equipment manufacturers rose 18.1% year-over-year to $1.17 billion worldwide in September, the industry trade group SEMI said today.

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GLENVIEW, IL -- Illinois Tool Works' Test, Measurement and Electronics business unit reported jumps in revenue and operating margin for third quarter ended Sept. 30.

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ARMONK, NY -- GlobalFoundries has signed a definitive agreement to acquire IBM's money-losing commercial semiconductor technology business, along with $1.5 billion of Big Blue's cash, the companies announced today.

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