NORWOOD, MA -- LTX-Credence has agreed to acquire Multitest and Everett Charles Technologies for $93.5 million, including $73.5 million in cash.
IRVINE, CA -- Micro-tier EMS Probe Manufacturing reported a net loss of $85,000 for the period ended June 30. The losses included interest expenses of approximately $72,000.
NEW YORK -- A new undercover investigation by China Labor Watch alleges a series of ethical and legal labor violations at a Jabil factory in Wuxi, China. The site reportedly is producing the soon-to-be-released iPhone for Apple.
BANNOCKBURN, IL – Total North American printed circuit board orders in July increased 10.2% year-over-year, while shipments decreased 1.5%, says IPC.
TEDDINGTON, UK – Smart Group will host a seminar on conformal coating for electronics assembly at the NPL facility here on Oct. 24.
SPOKANE VALLEY, WA – ACE Production Technologies is offering a series of selective soldering workshops in October.
SCHAUMBURG, IL -- Sparton today announced fourth-quarter net income was $6.8 million, up 68% year-over-year for the period ended June 30. Overall fourth-quarter sales of $87.1 million were up 42% from last year.
WASHINGTON, DC – Worldwide sales of semiconductors reached $25.53 billion for July 2013, the highest total of 2013 and an increase of 5.1% over July 2012. Sales were up 2.6% sequentially, says the Semiconductor Industry Association.
HANOVER, GERMANY – Incoming orders in the first half were the strongest in Viscom’s history, the firm says. In the first six months, Viscom received orders totaling €25.3 million, up 16.7 % compared to the previous year, buoyed by ongoing strength in the Americas and Asia.
OSLO, NORWAY -- ODM World Wide Touch Technology (Holdings) Ltd. has acquired a 2.2% stake in IDEX for $5 million, the companies announced. The stake boosts WWTT's push into biometrics, an area that the contract assembler has an OEM product line.
STAMFORD, CT – In the second quarter, worldwide server shipments grew 4% year-over-year, while revenue declined 3.8% compared to the same quarter in 2012, says Gartner.