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Flomerics rejects Mentor offer - again

Simulations software supplier Flomerics has again rejected an unsolicited offer by Mentor Graphics of 104 pence per share.

June 27 2008, 8:47 AM

SoftwareAs issued in its defence document, the Flomerics Board states that the offer "does not reflect the true value of Flomerics and recommends that shareholders take no action in relation to it".

However, the document also states, that the rejection reflects the Board's view of the fundamental value of the Company, which it believes is in excess of 104 pence per share and does not reject Mentor as a bidder.

Additional to that, the company also stated that on 25 June 2008, discussions between Flomerics and Autodesk had been concluded and that Autodesk had decided not to make an offer for the Company at this stage.

Anke Schröter
Anke Schröter

New RoHS implemented by 2014

GeneralThe time frame for the new RoHS-directive, which includes extended ban on lead, is taking time. New regulations are probably in place in four years time.

March 10 2010, 4:05 PM
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Peregrine expands in Europe

ComponentsPeregrine Semiconductor is expanding its European design and manufacturing operations and also is opening a new facility located in Aix-en-Provence, France.

March 10 2010, 4:03 PM

Foxconn sales decline

EMSTaiwan based EMS provider Foxconn post a sales decline for February 2010.

March 10 2010, 12:35 PM

Leoni receives additional order from Siemens

Cable HarnessesLeoni equips also the latest generation of Siemens magnetic resonance tomography units with standard and special cables since end of 2009. Overall, the follow-up contract is worth an eight-digit euro amount.

March 10 2010, 12:18 PM

Heraeus establish R&D center in Taiwan

PCBGermany-based Heraeus plans to set up an R&D center in Taiwan.

March 10 2010, 11:35 AM

TPV to place order at Elcoteq in Russia

EMSEMS provider Elcoteq is currently in negotiations about an assembly contract for TVs and PC monitors with TPV and Philips.

March 10 2010, 11:00 AM

Elcoteq's new plant in Estonia has opened

EMSFinland based EMS provider Elcoteq has officially opened its new production building in Estonia.

March 10 2010, 9:18 AM

Phoenix Mecano expands in Hungary & Tunisia

ComponentsDue to the continuing high demand for components, especially transformers and chokes for use in solar inverters, the company is enlarging its factory space at sites in Kecskemét, Hungary, and Ben Arous, Tunisia.

March 10 2010, 9:15 AM

Scanfil to renovate Estonian plant

EMSOÜ Scanfil, a subsidiary of Finland based EMS provider Scanfil, is renovating its plant in Pärnu, Estonia.

March 10 2010, 9:04 AM

Digi-Key signs Seol Semi and EPC

ComponentsDigi-Key Corporation announces worldwide distribution of EPC and Seoul Semiconductor.

March 10 2010, 5:38 AM

Thales signs €240M contract

OEMThales has signed a €240M contract with the French Defence Procurement Agency (DGA) to extend the French Army’s RITA (Réseau Intégré de Transmissions Automatiques or Automated Integrated Communications Network).

March 10 2010, 5:14 AM

Avnet signs LSI for Europe

ComponentsAvnet Technology Solutions has entered into a pan-European agreement with LSI Corporation, a provider of silicon,
systems and software technologies for the storage and networking markets.

March 09 2010, 4:01 PM

Flextronics to expand Slovakian medical business

EMSFlextronics recently acquired Slovakian based SloMedical to expand its capabilities in manufacturing disposable medical devices in a low-cost region. SloMedical is now being integrated into Flextronics Medical’s disposables business unit.

March 09 2010, 3:53 PM

Hanza completes Elektromekan acquisition

EMSSweden based EMS provider Hanza AB has completed the deal by taking over the reconstructed EMS provider Elektromekan.

March 09 2010, 12:43 PM

Longer lead times on some components

ComponentsSevere supply issues, as lead times past 30 weeks on some components.

March 09 2010, 10:14 AM

Embedded World broke visitor record

EmbeddedEmbedded World which took place last week in Nürnberg, Germany saw the largest number of visitors and exhibitors in its history.

March 09 2010, 10:03 AM

Elprint to establish in Germany

PCBThe Scandinavian supplier of printed circuit boards - Elprint Norge - has established a new sales presence in Germany.

March 09 2010, 9:03 AM

Avnet sign new contracts for UK and Romania

ComponentsAvnet has announced three new contracts recently with EMC Corporation, Sourcefire and Kontron.

March 09 2010, 8:48 AM

Camtek revenue up 39% in fourth quarter

SMT & InspectionRevenues for the fourth quarter of 2009 increased 39% to $17.2 million, compared to $12.4 million in the fourth quarter of 2008. Recovery particularly in the semiconductor business.

March 09 2010, 8:33 AM

General Cable acquires Beru SAS in France

Cable HarnessesGeneral Cable has acquired Beru SAS, a wholly-owned subsidiary of BorgWarner France SAS, located in La Ferte Mace, France.

March 09 2010, 8:21 AM

Smartrac selected by De La Rue

ComponentsSmartrac has entered into a framework agreement with De La Rue Identity Systems for the provision of eCovers a component part of biometric passports, for certain ongoing contracts.

March 09 2010, 8:06 AM
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