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SAN FRANCISCO – Tempo Automation and ACE Convergence Acquisition said the registration statement in connection with their previously announced proposed business combination has been declared effective by the US Securities and Exchange Commission.

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STOCKHOLM – Note reported first quarter sales increased 64% year-over-year to SEK 821 million (US$86.9 million). Adjusted for acquisitions and currency effects, growth was 35%.

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KARNATAKA, INDIA – Kaynes Technology India filed draft papers with the Securities Board of India to raise funds through an initial public offering.

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STAMFORD, CT – Worldwide semiconductor revenue totaled $595 billion in 2021, an increase of 26.3% from 2020, according to Gartner’s final results.

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MUNICH – Icape Group acquired German PCB supplier SAFA2000 for an undisclosed sum.

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SIEVI, FINLAND – Scanfil now estimates 2022 revenue between €750 million and €820 million. The previous outlook for 2022 was revenue of €710 million to €760 million.

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