RS Group (the distribution group formerly known as Electrocomponents) has reported year on year revenues up 16 % in the first half of its financial year to September.
Avnet announced a distribution agreement with AnDAPT, a leading programmable power management semiconductor company. Effective immediately, Avnet will offer AnDAPT’s programmable power management ICs (PMIC) globally.
Princeps, an accredited specialist distributor of obsolete and difficult-to-source electronic, electrical and e-mech components for advanced industries has signed an authorised distribution agreement with Hammond Manufacturing.
Farnell finished its financial year on a high, posting record annual sales of $1.8 billion, a 20.2 % increase year on year.
BGM Electronic Services (BGM), a privately held Engineering Design Services firm has been acquired TTI’s Exponential Technology Group (XTG).
RS Group shares rose 5 % on Monday morning following a report in The Times that a takeover bid was in the works.
Avnet posted sales of $6.37 billion in Q4, a 21 % increase year on year from $5.2 billion, but a dip of -1.8 % sequentially.
Anglia Components has become a PLC. It has changed its registered company trading name from Anglia Components Ltd to Anglia Components PLC.
Avnet Silica has signed an agreement to add the products and technologies of SiTime to its portfolio of silicon timing products in EMEA
Anglia Components gas signed up to be the first distributor of Alexander Battery Technologies (ABT), a UK manufacturer of custom battery packs for high-end applications.