Fab News

LISLE, IL – Molex has received a US patent for a grid array connector system. The novel connector has conductors from cables directly terminated to a PCB. The conductors can be attached to a support via a welding operation, and pedestals are mounted on the board.

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WASHINGTON – The US Department of Energy announced up to $52.5 million for DOE’s Industrial Assessment Centers that help American manufacturers and wastewater treatment facilities improve efficiency, save money, and reduce their carbon footprint. These university-based training programs also create a pipeline for students looking to join the growing clean energy economy.

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SEOUL – LG Electronics won a patent infringement lawsuit against TCL Communication Technology and two European affiliates covering specific LTE technology.

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ANDOVER, MA – MKS Instruments confirmed it submitted a revised offer on Mar. 5 to acquire all outstanding shares of Coherent for $250 per share, composed of $135 in cash and $115 in shares of MKS common stock.

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WILMINGTON, DE – DuPont has entered into a definitive agreement with private equity firm Advent International to acquire Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances.

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BROMMA, SWEDEN – NCAB Group reported fourth quarter net sales increased 22% year-over-year to SEK 514.9 million (US$60.4 million).

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