© RECOM Business | April 30, 2019
RECOM Power to acquire Italian power company
RECOM Power announces the acquisition of 75% of Power Control Systems based in San Vendemiano near Conegliano/Italy. The company specializes in the design and manufacture of AC/DC and DC/DC power supplies from 3W up to 10kW for Railway, Medical, Military and Industrial applications.
“We are excited to welcome such a high-end power supply solutions provider into our organization. Offering our worldwide customer base the PCS product portfolio will enhance our position as the No.1 provider for full power distribution on and off board. It will also broaden our strategic options and will assist customers when selecting products from our factories in Europe, China and Taiwan," says Karsten Bier, the CEO of the RECOM Group. "PCS employs 49 people and generates an annual turnover of close to $10mio. The high qualified design and product testing and verification engineers will increase the group’s capabilities significantly and will be a great asset to support our global development and production facilities in Vienna/Austria, Kaohsiung/Taiwan and Xiamen/China. Very importantly, we were successful in securing the continued employment of the two founders of PCS, Messrs. Mauro Piai and Roberto Fiorot,” Bier continues. “We did not intend to sell PCS. However, Roberto and I found that RECOM was the ideal partner to secure the continuity and future growth of PCS. PCS is 100% complementary to RECOM and the staff is extremely excited and enthusiastic to be part of the RECOM family,” Mr. Piai adds. The RECOM Group has consistently grown organically and now generates close to USD 100 million in annual revenue (as of 2019). With RECOM’s sales organisation and global facilities, including this recent acquisition of PCS, sales growth is predicted to continue at an above average rate of growth.
Sponsored content by Shenzen Kinwong ElectronicThe development trend of printed circuit board products and Kinwong's solution With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Microchip invests $20M in new Irish development centre Up to 200 new engineering jobs will be created in Cork, Ireland as Microchip Technology invests USD 20 million to create a new development centre.
Explosive growth in Automotive DRAM demand expected Driven by such factors as the continued development of autonomous driving technologies and the build-out of 5G infrastructure, the demand for automotive memories will undergo a rapid growth going forward, according to TrendForce’s latest investigations.
Renesas Naka facility is back to full operation Following the earthquake that hit the coast of Fukushima Prefecture and the surrounding areas on February 13, Renesas shut down production at its Naka factory to investigate potential damages. Since then then company has brought the plant back online bit by bit.
Rücker Lypsa is now EDAG Engineering Spain Barcelona-based company Rücker Lypsa S.L. has been operating under the name of "EDAG Engineering Spain, S.L." since January, 2021.
Continental invests in German-US AI chip start-up Continental has acquired a minority stake in the German-US start-up Recogni, a company working on a new chip architecture for object recognition in real time based on artificial intelligence (AI).
Edmund Optics opens new assembly and design facility Edmund Optics, a provider of optical and imaging components, has opened a new Assembly and Advanced Design Facility in Tucson, Arizona, the second Edmund Optics location in the state.
SEMI calls on Biden to reinvigorate US semiconductor manufacturing SEMI, along side 16 industry groups have sent a letter to President Biden urging the administration to bolster domestic semiconductor manufacturing and research.
Solas OLED settles patent disputes with LG Display Solas OLED, an Irish company that specialises in OLED technologies that it licenses to consumer electronics manufacturers, has entered into a Settlement and License Agreement with LG Display, resolving a number of patent infringement actions brought by Solas against LG Display and a certain number of its customers, including Sony.
Panthronics seals global partnership agreement with AdvanIDe Panthronics AG, a fabless semiconductor company specialising in high performance wireless technology, has signed a global partnership agreement with specialist supplier of NFC, RFID and smart card components, AdvanIDe.
Logic ICs account for the largest share of China’s IC market China became the largest IC market in the world in 2005 and has continued to grow in size since then. In 2020, the Chinese IC market increased to USD 143.4 billion, a 9% gain from USD 131.3 billion in 2019.
Why Is my processor leaking power? That sounds like an open-ended question Question: Why is my processor consuming more power than its data sheet suggests?
BAE Systems to produce GPS receivers in Iowa BAE Systems received a USD 247 million contract to design and manufacture an advanced military M-Code GPS receiver and ASIC.
Osram invests in California-based UV LED specialist Osram acquires around 20 percent of US company Bolb Inc. via its venture capital arm Fluxunit. With its investment in the California-based UV-C LED specialist Bolb Inc., Osram is further expanding its technological know-how of disinfection applications with UV-C light.
Cohu's 4000th handler makes its way to Infineon Technologies Back-end semiconductor equipment supplier Cohu has shipped 4000th handler from its manufacturing facility in Melaka, Malaysia. The milestone system, a MATRiX thermal pick-and-place handler was delivered to semiconductor manufacturer Infineon for testing automotive and industrial devices.
NXP is watching the situation in Austin carefully As previously reported, the unusually severe winter weather conditions has crippled power facilities in Texas. Which has led to several Austin semiconductor facilities standing idle without power.
Using A2B for Audio-Conferencing Systems One of the main hurdles in audio installation in a modern conference room these days is the need to interconnect a variety of input/output transducers into the main audio console. This is usually done using individual point-to-point shielded cables for each node, which is bulky and still requires separated external power supplies on each of them.
FabExchange acquires ON Semiconductor's Rochester site Private equity and divestiture partner, FabExchange, says it has completed the acquisition of ON Semiconductor’s Rochester, New York site.
Samsung’s semiconductor plant in Austin sits powerless The winter weather in Austin, Texas is causing issues for several semiconductor manufacturers in the city following a decision by Austin Energy to cut the power to the companies.Load more news