TTI remains operational during COVID-19 pandemic

TTI, Inc. says it remains open following the guidelines mandated by local and federal governments during the COVID-19 coronavirus outbreak, with precautions in place to safeguard employees’ health.

Don Akery, President, TTI Americas, says that the Americas Distribution Center in Fort Worth, Texas, and warehouses in the Americas, Europe and Asia are fully operational. “We are receiving incoming shipments from our suppliers and sending shipments out to customers. Our leadership team is monitoring the COVID19 coronavirus outbreak and its potential impacts on the industry,” Akery says in a press release. To ensure employees’ safety, additional preventive measures have been put in place, including site visit and entry restrictions, as well as staggered staffing schedules to stop the potential spread of the disease within company locations. TTI has also implemented international and domestic travel bans until April 30, 2020.

Farnell says it has strengthen the depth and breadth of its passive component range with the addition of KOA Europe GmbH.

Compound semiconductor specialist, II-VI Incorporated, has entered into a definitive agreement to acquire all outstanding shares in Swedish SiC epitaxial wafers specialist, Ascatron AB. At the same time, II-VI says it will acquire all the outstanding interests of the owners of the parent of INNOViON Corporation.

Syntiant, a deep learning tech company providing AI voice and sensor solutions, has completed a USD 35 million Series C funding round.

Meyer Burger Technology is selling its microwave and plasma technology company Muegge GmbH, to investment company HQ Equita.

ON Semiconductor is exploring a sale of its manufacturing facility in Niigata, Japan. The intended sale of the facility is part of the company’s plan to optimise its manufacturing footprint and sharpen its focus on highly differentiated power, analog and sensor products.

The distributor of electronic components and semiconductors has appointed Renato Souza to the position of Vice President of Business Development. Renato previously served as Vice President, Latin America of Smith since 2017.

The German company believes 5G will be a key building block of digitalization and connectivity in manufacturing and logistics. And for that reason, Bosch is now starting compatibility tests and channel measurements for setting up a 5G network in its wafer fab in Reutlingen.

The supplier of wafer cleaning technologies for advanced semiconductor devices, has received purchase orders and final stage bidding activities for a total of USD 36 million from two new China-based customers that manufacture analog and power IC devices.

Semiconductor equipment manufacturer ClassOne Technology announces the sale of its Solstice GoldPro electroplating system to an unnamed developer of microLED technology for advanced applications.

From January through early March business performance was in line with expectations, but clear impacts of the corona pandemic and increasing uncertainty within the automotive industry became apparent from late March on.

Smiths Detection has completed the acquisition of PathSensors, a bio-technology solutions and environmental-testing company, based in Baltimore, MD, USA.

Saab has divested the Dutch-based company QPS (Quality Positioning Services), a provider of hydrographic software solutions within the global maritime industry. The decision is in line with Saab’s strategy to optimise its product portfolio and increase focus on five core areas.