LISLE, IL -- Molex has signed a definitive agreement to acquire fellow connector maker FCT Electronics Group for an undisclosed amount. The deal is pending governmental approval and is expected to close in the third quarter. Read more ...

SAN JOSE – Printed circuit board and multichip module design software revenue rose 6.7% year-over-year to $157.2 million in the first quarter. The four-quarters moving average for PCB & MCM tools increased 8%, says the EDA Consortium, based on its survey of software developers. Read more ...

ATLANTA – Intercept Technology announced Fusion CADSoft as an authorized reseller. Read more ...

PITTSBURGH -- Ansys announced second quarter net income increased 11% to $55.9 million, at the high end of company guidance. Revenue rose to $214.9 million in the quarter from $195 million a year ago.