DONGGUAN, CHINA – ICAPE Group received €125 million (US$148.1 million) in revenues in 2020 and expects 30% growth in 2021.

MONTEREY PARK, CA – Quantic Electronics acquired Union Technology Corp. for an undisclosed sum.

BANNOCKBURN, IL – IPC expects the global economy to expand 6.1% in 2021 and another 4% in 2022, according to a new IPC report from Shawn DuBravac, Ph.D., chief economist.

EINDHOVEN, NETHERLANDS – Neways says it has reached a conditional agreement with investment firm Infestos on a recommended public offer for all of the issued and outstanding ordinary shares, according to reports.