ECCO (Electronic Connector Co.) finalizes purchase of Magellan’s Aerospace & Defense Division
CHICAGO — Electronic Connector Company (ECCO), a distributor of interconnect solutions and value-added services, has completed the acquisition of Magellan Distribution Corporation’s Aerospace & Defense (A&D) Division. Magellan is a Boston-based distributor of interconnect and maintenance, repair and operations (MRO) products. “This acquisition will allow us to accelerate our growth in the aerospace and defense […]
Avnet to Acquire Softweb Solutions; Adds Software and Artificial Intelligence to Ecosystem and Bolsters IoT Capabilities
PHOENIX–Avnet, Inc. (Nasdaq: AVT) today announced that it will acquire Softweb Solutions, Inc., a privately held software and Artificial Intelligence (AI) company that delivers innovative software solutions for Internet of Things (IoT) applications and systems designed to increase efficiency, speed time to market, and help businesses transform. Building on Avnet and Softweb’s track record for bringing IoT solutions […]
TTI Stocks Amphenol SV SMPM Connector Series with Simple Push-on Mating Design
Fort Worth, Texas – TTI, Inc., a leading specialty distributor of electronic components stocks a complete line of Amphenol SV SMPM Connectors for high density, high-frequency applications. Offering microwave performance through 65 GHz and less than .140-inch center-to-center spacing, the connectors are ideal when minimum board separation width is needed. SMPM Connectors are available in […]
Sparton Corporation to Be Acquired by Cerberus
Transaction Provides a Significant Premium to Shareholders and a Strong Partner to Support Future Growth Schaumburg, Ill. – Sparton Corporation (“Sparton” or the “Company”) (NYSE:SPA) today announced that it has entered into a definitive agreement to be acquired by an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. Under the […]
Worldwide Server Market Revenue Increased 37.7% Year Over Year in the Third Quarter of 2018, According to IDC
FRAMINGHAM, Mass. – According to the International Data Corporation (IDC) Worldwide Quarterly Server Tracker, vendor revenue in the worldwide server market increased 37.7%, year over year to $23.4 billion during the third quarter of 2018 (3Q18). Worldwide server shipments increased 18.3% year over year to 3.2 million units in 3Q18. The overall server market continues to experience […]