Wichita-based Koch Industries Inc. has completed its $7.2 billion purchase of an Illinois company that makes electronic components and cables. Koch says it is paying $38.50 per Molex Inc. share in cash, plus 18 cents per share, representing a pro-rata portion of the regular quarterly cash dividend.
Koch Industries, Inc., has announced the completion of its $7.2 billion acquisition of global electronic components company Molex Incorporated (NASDAQ: MOLX). Molex is now an indirect wholly-owned subsidiary of Koch Industries, and will retain its name, headquarters in Lisle, Ill., and current management team as it moves forward.
Germany's Merck KGaA has announced plans to buy AZ Electronic Materials, which supplies high-tech materials for the electronics industry, for about 1.6 billion pounds ($2.6 billion).Pharmaceutical and high-tech materials company Merck said Thursday that it will offer 403.5 pence ($6.61) in cash per AZ share.
These conflict minerals — cassiterite, wolframite, coltan and gold — are mined in the DRC by various rebel groups and those who, generally speaking, do not bind themselves to any threshold of human rights. Because minerals mined in these countries go through a complex network of middlemen in the region and in East Asian processing plant, the exact source of a particular batch of gold can be difficult, if not impossible, to find.
Have you been having problems with your electrical equipment but haven’t found the cause? For many users it turns out to be a very common, widespread problem called ground loop feedback--an electrical phenomenon which occurs when different electrical circuits are powering a system and its peripherals.
A fiber-optic cable manufacturer is planning to expand its Culpeper operations, creating 30 jobs. Gov. Bob McDonnell said Wednesday that TE Connectivity Ltd. will invest more than $15 million in the expansion.
For any business with a physical presence, from a nuclear power plant to a large manufacturing and shipping facility to an office equipped with sensitive electronics, a determination of the consequences of a lightning strike should be part of this risk analysis.
Chemtura said Thursday that it will sell its consumer products business for $315 million and is exploring a sale of its agrochemicals unit as it focuses on chemicals for the transportation, energy and electronics industries. Chemtura has already been paring back the company, selling its antioxidant business for $200 million earlier this year.
CTS is selling its electronics manufacturing solutions business to Benchmark Electronics Inc. for $75 million. Elkhart, Inc.-based CTS said Thursday that the transaction allows it to concentrate on its components and sensors business and provides more capital for higher-margin businesses.
But what does it do, why does it matter and maybe more importantly, why should you care about the humble fan in the first place? Lets start by talking about this component which, after all, is designed to save (not hurt) your workstations.
EnerSys said Wednesday that it reached a deal to buy Purcell Systems Inc. for $115 million. Spokane, Wash.-based Purcell designs, manufactures and markets thermally-managed electronic equipment and battery cabinet enclosures for telecommunication, broadband, utility, rail and military uses.
Koch — run by the billionaire brothers Charles and David — said Monday that it will pay $38.50 per Molex Inc. share. That's a 31 percent percent premium to the company's $29.34 Friday closing price. The companies put the deal's total value at about $7.2 billion.
Today's guest is Jason Grahek, Strategic Account Manager for the Lakeland Companies — the most complete provider of high-quality electrical component and systems solutions for growing industrial companies throughout the Midwest.
The Moto X is the first smartphone to carry the "Made in the U.S.A." designation. Labor costs are higher in the U.S. compared with Asian factories, where phones are typically made. But IHS said the Moto X is about 5 percent cheaper to make than Samsung Electronic Co.'s flagship Galaxy S4 phone.
A topic that doesn’t seem to come up, at least via outlets that are 3D-printer friendly (which are in a powerful majority at this point), is the proliferation of piracy thanks to the quickly emerging 3D-printer market. Much like Napster brought a slapped major record labels across the face, 3D printing is poised to make major manufacturers shake in their boots… maybe.
Aviation and military electronics maker Rockwell Collins said Sunday it is buying Annapolis, Md.-based ARINC Inc. from the investment firm The Carlyle Group for $1.39 billion.Cedar Rapids-based Rockwell Collins, which currently does more than half its business with the government, was seeking to add commercial customers.
Ericsson and STMicroelectronics today announced they have closed the transaction for the split-up of ST-Ericsson, with the formal transfer of relevant parts of the joint venture to each parent company. The plan, effective August 2, 2013, means some existing activities are being shut down with equal funding from both companies.
The aviation and military electronics maker announced last month that Ortberg, who will hold is previous position as company president, would succeed Clay Jones. The 64-year-old Jones has spent nearly 34 years at Rockwell Collins. He will continue as non-executive chairman.
DAS Environmental Expert DmbH has developed and installed what it calls the SALIX system, the world’s first point-of-use system for removing waste gas pollutants in semiconductor wafer manufacturing wet bench applications.
A jury has been seated to hear one of three lawsuits alleging groundwater pollution by an electronics manufacturer in Myrtle Beach. The suit alleges that groundwater contaminated with a chemical known as TCE damaged property values in a 10-block area near the company's former plant.
With servers responsible for storing and distributing data among employees and customers, alike, they are the backbone of just about every modern business. First, cooling is extremely important to the overall energy costs of your server room.
Dust, water, corrosive chemicals and airborne particles are severe hazards to many manufacturing and production facilities. Any environment where critical electrical equipment is exposed to these elements is at risk, including your motor disconnects and switched receptacles.
Among the "talking" white goods, a refrigerator will remind users to check for expired food items, while an air conditioner will notify them when it turns on automatically after detecting room temperature, according to the Osaka-based company.
With the score tied 1-1, it's gone to a penalty shootout in a tense soccer match between teams from Israel and Australia. As the Australian goalkeeper in his red jersey braces for the shot, the Israeli striker pauses. Then he breaks into a dance instead of kicking the ball. Perhaps he can be forgiven: He's a robot, after all.
NASA launched a satellite late Thursday on a mission to explore a little-studied region of the sun and to better forecast space weather that can disrupt communications systems on Earth. Mission controllers clapped after receiving word that Iris separated from the rocket as planned and unfurled its solar panels, ready to begin its two-year mission.