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MALVERN, PA – Vishay Intertechnology has acquired a specialty capacitor (wet tantalum) product line from Kemet Corp. for $35.2 million and other consideration in the form of a three-year term loan of $15 million.
Sales of these products during Kemet’s fiscal-year ended March 31 were approximately $16 million, of which approximately $7 million represent former Arcotronics products (acquired last year by Kemet ) sold mostly outside of the US.
Worldwide sales during the quarter ended June 30, 2008 were $4.4 million.
Closing is scheduled to occur by the end of business today.
SAN FRANCISCO – Major IT OEMs gave cautious outlooks on the macro environment and overall IT spending at an analyst-sponsored conference last week.
SMYRNA, GA – Circuits Assembly will accept entries for its 2009 New Product Introduction Award for electronics assembly equipment, materials and software suppliers beginning Nov. 3.
RENTON, WA – Microscan will purchase Siemens' machine vision business for an unspecified amount. The deal is expected to close Sept. 19. Microscan said it would maintain the Nashua, NH, site of the Siemens' business, formerly Acuity CiMatrix, and retain the majority of the workforce.
CARLSBAD, CA – Asymtek has expanded its facility in Singapore to include a modern lab with a full range of dispensing and coating equipment.
The company is colocated in the facility with parent Nordson and fellow subsidiary EFD. Asymtek offers equipment service, product demonstrations and the latest technical data on dispensing at the site.
The company is colocated in the facility with parent Nordson and fellow subsidiary EFD. Asymtek offers equipment service, product demonstrations and the latest technical data on dispensing at the site.
WASHINGTON, DC – Two top electronics trade groups are talking merger in what would become the nation's largest tech trade group, boasting more than 2,600 member companies and annual revenues of more than $26 million.
The AeA (formerly the American Electronics Association) and the Information Technology Association of America announced discussions to merge the trade associations' memberships and programs.
The AeA (formerly the American Electronics Association) and the Information Technology Association of America announced discussions to merge the trade associations' memberships and programs.
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