L-3 Communications announced this week that it has acquired the assets of MITEQ, Inc. for $41 million dollars. The new organization will be called L-3 Narda-Miteq and will be located in Hauppauge, N.Y. This merger is expected to generate more than $60 million dollars in sales and employ more than 700 people. L-3 Narda-Miteq will offer RF Microwave solutions and low-power … [Read more...]

A fire broke out in at a Würth Elektronik PCB plant in Niedernhall, Germany on Dec. 27. The fire destroyed many parts of the plant, but no one was injured and there were no damaging effects on the environment. Financial damage is estimated at millions of Euros. The plant was closed over the holiday season but operations at the plant continue. Police are currently … [Read more...]

Murata Electronics North America, Inc., announces its acquisition of all outstanding shares of Peregrine Semiconductor Corporation. Holders of Peregrine shares were paid $12.50 per share. Peregrine will continue to work under their brand as a new “wholly owned subsidiary of Mura Electronics North America, Inc.” "After years of a successful partnership, we're happy to become a … [Read more...]