TABY, SWEDEN – Mycronic AB has signed an agreement to acquire 75% of electronics dispensing OEM Shenzhen Axxon Automation Co. for SEK 430 million ($50.1 million) in cash.

MINNEAPOLIS -- CyberOptics' second-quarter sales increased 82% to $18.6 million and the inspection equipment maker swung to a net profit.

REDMOND, WA -- Data I/O saw second quarter revenues jump 17% over the year earlier to $5.8 million.

FRAMINGHAM, MA – Preliminary smartphone shipment results indicate vendors eked out a margin increase in the second quarter, IDC said.