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STAMFORD, CT – Market research firm Gartner today raised its 2016 worldwide IT spending outlook to $3.41 trillion, flat with 2015's results. Last quarter the firm predicted IT spending would drop 0.5%. The change in the forecast is mainly a result of currency fluctuations, the firm says.

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BRIDGEWATER, MA -- Chase Corp., the parent company of Humiseal, today reported revenue of $64.2 million for the quarter ended May 31.

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WASHINGTON — The Semiconductor Industry Association today announced the release of the 2015 International Technology Roadmap for Semiconductors (ITRS), a collaborative report that surveys the technological challenges and opportunities for the semiconductor industry through 2030.

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SAN JOSE, CA – Power Design Services has invested $500,000 in a 5,000 sq. ft. expansion at its PCB assembly manufacturing facility here.

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BRADENTON, FL – A local engineering company has developed a process attaching electrical terminals to PCBs by removing the ear sections on certain GBBA and FAE terminals and replacing them with pins that plug directly into a printed circuit board.

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NORTH ANDOVER, MA – Elite Manufacturing Services has purchased Lawrence, MA-based Multi-Lab for an undisclosed sum.

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