Fab News

FRANKFURT – Germany's Schmid Group plans to list in New York via a special purpose acquisition company (SPAC) in a deal estimated to give the technology firm a valuation of $640 million.

Read more: Schmid Group Aims for SPAC Listing on NYSE

WALTHAM, MA – Nano Dimension announced that it has commenced a special tender offer to purchase between 38.8% and 40.8% of the outstanding ordinary shares of Stratasys for $18 per share in cash.

Read more: Nano Dimension Launches Special Tender Offer to Stratasys Shareholders

ATLANTA – ECIA's Global Industry Practices Committee has launched a five-year review of its 2-D Barcode Specification, which published its last revision in 2018 to continue guiding the industry on the use and value of this technology for product identification labeling.

Read more: ECIA GIPC Launches 2-D Barcode Review

MILPITAS, CA – The current global semiconductor manufacturing industry contraction is expected to moderate in the second quarter and give way to a gradual recovery starting in the third quarter, SEMI announced in the latest publication of the Semiconductor Manufacturing Monitor Report.

Read more: Semiconductor Industry Downturn to Bottom in Second Quarter, SEMI Reports

PETACH TIKVA, ISRAEL – Eltek reported revenue of $11.5 million for the first quarter, an 18% increase from last year's first quarter.

Read more: Eltek Sees 18% Revenue Hike

LEOBEN, AUSTRIA – AT&S saw a 13% increase in revenue for its fiscal year, reaching a record €1.79 billion ($1.94 billion). 

Read more: AT&S Reports Record Annual Revenue

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