News
MUNICH - Siemens will acquire industrial software supplier UGS for $3.5 billion from private equity investors Bain Capital, Silver Lake Partners and Warburg Pincus. The deal is subject to approval.
YAVNE, ISRAEL – Valor Computerized Systems has appointed Stephan Haefele president of European operations. Stephan Haefele joins Valor from simulation software company Sigma-C Software AG, where he was responsible for strategic accounts and European sales. Prior to this role, Stephan held positions at GSI Lumonics and Orbotech. He started his career as an independent sales representative for Valor, EIE Systems and ETEC in Central Europe. David Bengal, former president of Valor European operations, was named corporate vice president of marketing.
FRANKLIN, MA - Speedline Technologies announced that PKC Electronics Oy has purchased three Electrovert OmniFlex 10 reflow ovens, an MPM Accela printer, and an Electrovert VectraElite wave soldering system. The machines will be used in production lines in Raahe, Finland, and Kostomuksha, Russia. PKC and Speedline also jointly developed a center board support system for the ovens.
EL SEGUNDO, CA -- OEM semiconductor spending is expected to grow 8.6%
in 2007, driven by consumer electronics, iSuppli said.
Citing spending habits of 181 OEMs, the research firm projected the U.S. would design products worth an estimated $68.7 billion of ICs in 2007, up 9% from $63.1 billion in 2006.
Citing spending habits of 181 OEMs, the research firm projected the U.S. would design products worth an estimated $68.7 billion of ICs in 2007, up 9% from $63.1 billion in 2006.
Second place Japan will design in ICs worth a total of $44.1 billion in 2007, up 4.7%, iSuppli said.
NEENAH, WI – Plexus Corp. reported first-quarter revenue
of $381 million, in line with previous estimates. The company warned that previously expected military program ramps were not materializing as expected.
For the quarter ended Dec. 30, the company reported profits of $15 million and gross margins of 10.4%.
ROCHESTER, NY – EMA Design Automation announced that it has acquired the Chronology Division of Forte Design Systems. No terms were announced. As part of the deal, EMA acquired TimingDesigner, an interactive timing analysis tool.
ST. LOUIS, MO - Laird Technologies has acquired AeroComm for $38 million. AeroComm designs and manufactures wireless communications systems for low- to mid-volume OEM applications. Key applications include gaming machines, industrial automation, lighting controls, heavy equipment telemetry, athletic event scoreboards, wheel alignment sensor systems, and automatic utility meter readers. Lenexa, KS-based AeroComm reported 2006 profits of $2.9 million.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
DELEON SPRINGS, FL -- Sparton Electronics won a $13.8 million, two-year contract from the U.S. Navy to develop sonobuoys for detecting submarines.
The contract runs through February 2009 and could be worth as much as $19.6 million, if all options are exercised
The contract runs through February 2009 and could be worth as much as $19.6 million, if all options are exercised
DAYTON, OH -- NCR Corp. will outsource its ATM, payment solutions and self-checkout systems to Solectron Corp.
The companies did not disclose the estimated value of the five-year contract.
The deal covers NCR's ATMs and payment solutions in the Americas and its self-checkout systems globally. NCR will transfer its Americas manufacturing to Solectron's sites in Columbia, SC; Guadalajara, Mexico; and Jaguariuna, Brazil by the end of 2007.
The companies did not disclose the estimated value of the five-year contract.
The deal covers NCR's ATMs and payment solutions in the Americas and its self-checkout systems globally. NCR will transfer its Americas manufacturing to Solectron's sites in Columbia, SC; Guadalajara, Mexico; and Jaguariuna, Brazil by the end of 2007.
TAOYUAN CITY, TAIWAN – Lloyd Doyle has opened demo room here to house the company’s IBIS solder bump inspection system.
The demo room is located at Sigmatek, a supplier of electronics assembly equipment and consumables in Asia.
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SAN JOSE – Preliminary December bookings at North American-based semiconductor equipment manufacturers rose 33% year-over-year and reversed a four months of decline.
Makers of semi gear posted
$1.52 billion in orders in December on a three-month average basis, up 7% sequentially, the trade group SEMI said.
BANGKOK – Fabrinet, a manufacturer of optical components, has begun work on a 300,000 sq. ft. manufacturing facility near Bangkok, its fourth plant worldwide.
The factory is scheduled for completion in late 2007, and will raise Fabrinet’s global manufacturing capacity to over one million square feet.
The factory is scheduled for completion in late 2007, and will raise Fabrinet’s global manufacturing capacity to over one million square feet.
Press Releases
- Surf-Tech Manufacturing Corp. Ensures World-Class Quality with Advanced Conformal Coating Services
- Luminovo Partners with Sluicebox to Offer an Industry-First Instant Product Carbon Footprint for Electronics
- The Assembly Show and SMTAI Announce Colocation in October
- SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri