Silicon Hive, a venture within Philips Technology Incubator, has been spun out as an independent company as of April 16, 2007. New Venture Partners, TVM Capital and Philips have together invested $10 million in the new company. Philips retains a minority stake. Silicon Hive provides highly innovativ...

As just announced by Erni, the takeover of Pewamat Elektronik with premises in Zell and Aichelberg (Germany) had already taken place at the start of the year. Pewamat provides manufacturing and test technologies for the manufacture of active soldering units. This capacity is to be used by Erni in or...

Bel Fuse commented on the letter it received from Technitrol, increasing its offer to acquire Bel to $43.00 per share in cash, subject to certain conditions. Bel's Board of Directors believes that Technitrol's proposal, like its first proposal, significantly undervalues Bel's stock. Bel's Board expr...

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Technitrol has increased its offer of March 2007 for the Bel Fuse Company. Whereas previously the sum of 480 m US$ was being offered, this has now been increased to a total of 514 US$. Bel Fuse must make a decision by the 25th of April. Bel Fuse produces magnetic components and modules, protection e...

Microsemi, a manufacturer of analog mixed signal integrated circuits, has announced the appointment of Fabian Battaglia as Vice President of Sales for its recently formed Analog Mixed Signal Group. Battaglia comes to Microsemi from Maxim Corporation where he most recently managed field applications ...

Gleichmann & Co. Electronics GmbH, with headquarters in Frankenthal, Germany has taken over the British NEC distributor Sunrise Electronics Ltd. for an unnamed sum. Ian Davidson, previously the Managing Director of Sunrise Electronics Ltd. will remain in the same position in the later planned in...