News
YAVNE, ISRAEL – Valor Computerized Systems has appointed Stephan Haefele president of European operations. Stephan Haefele joins Valor from simulation software company Sigma-C Software AG, where he was responsible for strategic accounts and European sales. Prior to this role, Stephan held positions at GSI Lumonics and Orbotech. He started his career as an independent sales representative for Valor, EIE Systems and ETEC in Central Europe. David Bengal, former president of Valor European operations, was named corporate vice president of marketing.
FRANKLIN, MA - Speedline Technologies announced that PKC Electronics Oy has purchased three Electrovert OmniFlex 10 reflow ovens, an MPM Accela printer, and an Electrovert VectraElite wave soldering system. The machines will be used in production lines in Raahe, Finland, and Kostomuksha, Russia. PKC and Speedline also jointly developed a center board support system for the ovens.
EL SEGUNDO, CA -- OEM semiconductor spending is expected to grow 8.6%
in 2007, driven by consumer electronics, iSuppli said.
Citing spending habits of 181 OEMs, the research firm projected the U.S. would design products worth an estimated $68.7 billion of ICs in 2007, up 9% from $63.1 billion in 2006.
Citing spending habits of 181 OEMs, the research firm projected the U.S. would design products worth an estimated $68.7 billion of ICs in 2007, up 9% from $63.1 billion in 2006.
Second place Japan will design in ICs worth a total of $44.1 billion in 2007, up 4.7%, iSuppli said.
NEENAH, WI – Plexus Corp. reported first-quarter revenue
of $381 million, in line with previous estimates. The company warned that previously expected military program ramps were not materializing as expected.
For the quarter ended Dec. 30, the company reported profits of $15 million and gross margins of 10.4%.
ROCHESTER, NY – EMA Design Automation announced that it has acquired the Chronology Division of Forte Design Systems. No terms were announced. As part of the deal, EMA acquired TimingDesigner, an interactive timing analysis tool.
ST. LOUIS, MO - Laird Technologies has acquired AeroComm for $38 million. AeroComm designs and manufactures wireless communications systems for low- to mid-volume OEM applications. Key applications include gaming machines, industrial automation, lighting controls, heavy equipment telemetry, athletic event scoreboards, wheel alignment sensor systems, and automatic utility meter readers. Lenexa, KS-based AeroComm reported 2006 profits of $2.9 million.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
Press Releases
- SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona
- ASMPT and IBM Deepen Collaboration to Advance Bonding Methods for Chiplet Packages for AI
- Murray Percival Company Expands Product Line with Representation of BIMOS ESD Seating in the Midwest
- Selectronic Assembly Welcomes Eliud Herrera as Production Manager