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Flex completes acquisition of Electrical Power Products

2026-05-22 eIndustry

The transaction is valued at approximately USD 1.1 billion. The addition strengthens Flex’s ability to deliver scalable, customized power control and protection solutions for grid modernization, ele…
» Evertiq

Posted in: Uncategorized

LG Innotek wins $68M order to supply automotive Wi-Fi 7 module

eIndustry

LG Innotek’s Automotive Wi-Fi 7 Communication Module will be integrated into Audio, Video, and Navigation(AVN) systems, which will then be delivered to the European automotive parts company.
» Evertiq

Posted in: Uncategorized

EPC and Mouser Electronics announce global distribution deal

eIndustry

This agreement will give Mouser’s customers the opportunity to use the latest EPC GaN technology devices in their designs, enabling the development of smaller, faster, and more efficient power conve…
» Evertiq

Posted in: Uncategorized

EMS in Sweden – Ten factories, half the market

eIndustry

57.5%. That is the share of the entire Swedish EMS market held by just ten individual production sites. Not ten companies – ten factories.
» Evertiq

Posted in: Uncategorized

Siemens acquires key businesses of Italy’s MERMEC Group

2026-05-21 eIndustry

The transaction will strengthen Siemens’ global rail portfolio, with a particular focus on diagnostics and measurement technologies, while further expanding its signaling activities, industrial foot…
» Evertiq

Posted in: Uncategorized

Intuitive Machines to acquire Goonhilly Earth Station and COMSAT

eIndustry

The acquisition, which will include the Goonhilly Lunar and Deep Space Communications, Commercial Satcom, and Defense and Security divisions, significantly expands global ground station resources and …
» Evertiq

Posted in: Uncategorized

Locus Robotics acquires Nexera, advancing mobile manipulation

eIndustry

The integration of Nexera’s NeuraGrasp end-effector technology into the Locus Robotics physical AI platform expands the company’s autonomous mobile manipulation capabilities and broadens what Locu…
» Evertiq

Posted in: Uncategorized

LS Electric wins $70M data center power equipment order

eIndustry

With this order, the South Korean company will supply essential high-end power equipment for data centers — such as vacuum circuit breakers (VCBs) — to core grid systems.
» Evertiq

Posted in: Uncategorized

ABB invests $200M across Europe to accelerate grid transformation

eIndustry

The investment strengthens the company’s ability to deliver critical medium-voltage switchgear and grid automation technologies. It includes a new USD 100 million facility in Dalmine, Italy, to supp…
» Evertiq

Posted in: Uncategorized

Analog Devices to buy Empower Semiconductor for $1.5 billion

eIndustry

Empower’s silicon capacitors are already in production, and IVR programs are advancing in close collaboration with leading hyperscalers and AI silicon providers — capabilities ADI will accelerate …
» Evertiq

Posted in: Uncategorized

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