SCOTTSDALE, AZ – Revenues associated with network communications, sensing, and control functions in subsystems and objects attached to the Internet of Things (IoT) are forecast to grow 29% in 2015 to $62.4 billion. The jump follows a 21% gain in 2014, adds IC Insights, which released the figures.

NORTH TYNESIDE, ENGLAND -- Optoelectronics designer Vreo will open a plant here and add surface mount manufacturing to its service offerings.

BETHESDA, MD — Lockheed Martin will buy Sikorsky Aircraft for $9 billion, the companies announced today.

MILTON, NY – Sono-Tek reported sales of $2.88 million for first quarter ended May 31, up 19% year-over-year.

BILLINGSTAD, NORWAY – Kitron reported second quarter revenue of NOK 489 million (US$60 million), up 7% year-over-year.

MALMO, SWEDEN – PartnerTech posted second quarter sales of SEK 678 million (US$ 79.4 million), up 19% year-over-year.

WEST PALM BEACH, FL -- Platform Specialty Products has a deal to acquire Alent for approximately $2.1 billion in cash and stock.

RENO, NV -- Itronics is undertaking an e-waste recycling feasibility study using a new furnace and shredder to reclaim materials from thousands of computer circuit boards. 

VINH PHUC, VIETNAM – Foxconn’s investment certificate here has been revoked because the firm has not implemented a promised $200 million project.

TAIPEI – Foxconn plans to create at least one million jobs in India by building 10 to 12 manufacturing sites there by 2020, says chairman Terry Gou, according to published reports.

SAN FRANCISCO — SEMI today announced rosy growth over the next two years for worldwide semiconductor equipment sales.

SAN JOSE -- Jabil Circuit has signed a memorandum of understanding to expand its campus in the Saigon Hi-Tech Park in Vietnam to up to one million sq. ft.