MILPITAS, CA – KLA-Tencor has entered into a definitive agreement to acquire Orbotech in a cash and stock deal valued at approximately $3.4 billion.

TALLINN, ESTONIA – Eolane’s Estonia operations is moving into a new building here, where approximately 300 new jobs are expected to be created during the next few years, according to published reports.

MARION, IA – Timberline Manufacturing plans to double its production space here and add 56 employees within the next three years to add to its current staff of 165. The company expects to spend $12.8 million on the project.

SAN JOSE – Flex will lay off more than 50 workers at its plant here due to what it calls the “present state” of business.

ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $5.3 billion, an increase of 19.1% year-over-year.

ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal third quarter revenue of $65.7 million, up 5.6% year-over-year.

BENGALURU, INDIA – Wistron plans to invest some $106.4 million to acquire additional land near here, according to published reports.

CRAMLINGTON, NORTHUMBERLAND, UK -- Hindley Circuits has acquired Magnum Electronics for an undisclosed sum.

JALANDHAR, PUNJAB, INDIA – Amber Enterprises will acquire a majority stake in EMS company Ever Electronics in an all-cash deal.

TAIPEI -- Foxconn reported February sales fell 4.1% year-over-year and 31% sequentially, a drop the world's largest EMS blamed on a fewer number of working days for the month.

VALLEY COTTAGE, NY – The global market for electronic cleaning solvents is expected to rise at a CAGR of 6.2% from 2017 to 2027, says Future Market Insights. The market is expected to be valued at around $ 1.608 billion by the end of the forecast period.

WEST PALM BEACH, FL – MacDermid Performance Solutions, a business segment of Platform Specialty Products, reported fourth quarter net sales up 7% to $489 million.