Fab News

WALLINGFORD, CT – Amphenol Corp. and MTS Systems have entered into a definitive agreement under which Amphenol will acquire MTS for $58.50 per share in cash, or approximately $1.7 billion, including the assumption of outstanding debt and liabilities, net of cash.

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WASHINGTON – John Mitchell, president and CEO of IPC released the following statement on today’s vote by the US House of Representatives to approve the final version of the fiscal 2021 National Defense Authorization Act (NDAA):

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BANNOCKBURN, IL – IPC Apex Expo 2021 will be offered virtually Mar. 8-12.

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TAOYUAN, TAIWAN – In October, the TPCA Show and IMPACT-EMAP were held in-person, in addition to a virtual exhibition and online conference in conjunction with Taitronics, AIoT Taiwan, Laser & Photonics Taiwan and Opto Taiwan.

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CHICAGO – Methode Electronics reported fiscal second quarter record net sales of $300.8 million, up 17% year-over-year.

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SHANGHAI – Jiangsu Xiehe Electronic went public this week on the Shanghai Stock Exchange, with a public offering price of RMB 26.56 (US$4.06) per share.

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