NEW YORK: Stellex Capital Management, a private equity firm with more than $5 billion in assets under management, announced Friday it has acquired Crest Ultrasonics, a global manufacturer of advanced cleaning and welding equipment. Crest, headquartered in the U.S. with operations across Europe and Asia, has served industrial sectors for over six decades, including healthcare,…
PARIS: French electronics distributor WE.CONNECT said it has acquired 100% of Exertis France SAS and Exertis Iberia, marking a major step in its European expansion strategy. The deal, finalized after exclusive negotiations with Ireland’s DCC Group, includes a recapitalization of both entities by DCC. WE.CONNECT’s financial contribution was symbolic, amounting to one euro. Exertis France…
MELBOURNE: JB Hi-Fi Ltd. reported a 10% rise in full-year sales to $10.55 billion, driven by strong consumer demand and strategic product launches across its Australian and New Zealand operations. Net profit after tax rose 5.4% to $462.4 million, while underlying earnings excluding one-off expenses climbed 8.5% to $476.1 million. The electronics and appliance retailer…
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Altium Limited, a global leader in electronics design systems, have agreed to a deal that will see Renesas acquire all outstanding shares of Altium for A$68.50 per share, valuing the company at A$9.1 billion. The acquisition will enable the two industry leaders to establish an…
LONDON: Nanoco Group plc (LON: NANO) has signed an agreement for a development project with an important European electronics customer. Nanoco Group plc (LON: NANO) is a world leader in the development and manufacture of cadmium-free quantum dots and other nano-materials emanating from its technology platform. The project began in May 2020 and was the…
PARIS: Lacroix Group has taken on a new purpose with the Leadership 2025 plan: to enable its customers to build and manage smarter life ecosystems through useful, robust and secure connected technologies. As a result, technology is at the heart of the new plan. Indeed, with the rapid spread of the IoT and the number…
NEW YORK: DarkPulse Inc., a technology company, has signed a commercial lease for an ISO9001; AS9100 certified electronics and electro-mechanical assembly facility for engineering and manufacturing of its hardware and software in Tempe Arizona. “An integral part of the company’s business plan is the manufacturing of its BOTDA hardware,” said Dennis O’Leary, Chairman and CEO…
PARIS: Air Liquide China will build new production capacities in Mianyang City (100 km Northwest of Chengdu), Sichuan Province and Chongqing City. These will supply BOE, the world’s leading company in flat-panel displays and an IoT company, in the context of new long-term supply agreements. Since 2017, Air Liquide’s total investment for BOE amounts to…
AsusTek Computer Inc. is a Taiwanese multinational computer and phone hardware and electronics company headquartered in Beitou District, Taipei, Taiwan. Its products include desktop computers, laptops, netbooks, mobile phones, networking equipment, monitors, WIFI routers, projectors, motherboards, graphics cards, optical storage, multimedia products, peripherals, wearables, servers, workstations, and tablet PCs. The company is also an original…
Acer Inc. is a Taiwanese multinational hardware and electronics corporation specializing in advanced electronics technology, headquartered in Xizhi, New Taipei City. Its products include desktop PCs, laptop PCs (clamshells, 2-in-1s, convertibles and Chromebooks), tablets, servers, storage devices, virtual reality devices, displays, smartphones and peripherals, as well as gaming PCs and accessories under its Predator brand….