News

Renesas is buying Integrated Device Technology for $6.7bn. The boards of directors of both companies have unanimously approved the transaction. Closing of the transaction is expected to occur in the first half of 2019, following approvals by IDT shareholders and the relevant regulatory authorities.

Farnell element14

Top prize in the Farnell element14 University IoT Challenge has been won by a University of West London (UWL) academic. Dr Ying Zhang, senior lecturer in Computer Science at the University’s School of Computing and Engineering, devised ear defenders which can dampen background noise, while amplifying important sounds such as speech and alarms or sirens.

News

Two years on from its acquisition by Avnet and Premier Farnell is flourishing. In 2018 the distributor delivered global revenue of $1.5bn, up 11.1% year over year and posted consecutive year on year growth each quarter at a global and regional level (EMEA, North America & Asia-Pacific). It exited the year with Q4 sales growth of 13% year over year.

Distribution Agreements

Future Electronics has signed a global distribution agreement with Republic of Ireland-based Taoglas which supplies a comprehensive range of external, embedded and base station antenna and RF solutions for IoT and M2M applications such as Telematics/Automotive, Smart Grid, Metering/Telemetry, Home Automation, Remote Monitoring and Medical applications.