SAN FRANCISCO – Following a merger announcement between Tempo Automation and ACE Convergence Acquisition Corp. in October, yesterday ACE filed a supplement to its Dec. 15 proxy statement, wherein ACE proposed to extend the date by which the company must consummate its initial business combination from Jan. 30 to July 13.
BANNOCKBURN, IL — Winners of the Best of Conference papers for IPC Apex Expo 2022 include the following:
NEEDHAM, MA – Worldwide shipments of traditional PCs (desktops, notebooks, and workstations) reached 92.7 million units during the fourth quarter, up 1% year-over-year, according to International Data Corp.
ATLANTA – The third quarter distributor total available market for electronic components built on the second quarter surge in sales growth from the low point of the second quarter of 2020, as quarterly revenues exceeded $6.6 billion year-over-year in the Americas, representing growth of 21%, according to ECIA.
ATLANTA – Scanfil plans to increase its electronics manufacturing factory’s production area 50% here, according to reports. The production space is currently approximately 12,000 sq. m. The expansion is expected to be some 6,000 sq. m. near the existing factory.
UTTAR PRADESH, INDIA – Dixon Technologies formed a joint venture with Rexxam to manufacture PCBs for air conditioners for the global market, according to reports. Rexxam will own 60% of Dixon Devices, while Dixon will own 40%.
MOLETAI, LITHUANIA – Electronics manufacturer Teltonika began construction on its technology center here, expected to be completed in the last quarter of 2022, according to reports. The firm is investing €34 million (US$38.6 million) on the project.
SAN JOSE – Naprotek completed the acquisition of NexLogic for an undisclosed sum. The addition expands Naprotek's capabilities into microelectronics packaging and PCB assembly.
CRANSTON, RI – AIM Solder has acquired its UK distributor BLT Circuit Services, which also manufactures consumable products for the printed circuit and chemical milling industries.
THORNDALE, PA – AGC Chemicals Americas is expanding its production facility here, with plans to add up to 50% more manufacturing, quality control lab and office space.
ASKER, NORWAY – Kitron completed the acquisition of 100% of the shares of BB Electronics, which was announced Dec. 20. No financial terms of the transaction were disclosed.
FONTENAY-AUX-ROSES, FRANCE – ICAPE Group reported 2021 revenue of €170 million (US$193.2 million), up 35% year-over-year.