News

Orbweaver, LLC has agreed to acquire Budde Marketing Systems, Inc., combining two specialists in electronics industry data to form what the companies describe as a comprehensive intelligence and orchestration platform built specifically for electronic component manufacturers and distributors. Orbweaver, founded in 2012, operates an enterprise-grade platform that connects trading partners, synchronises product data, and automates

Siemens has become the first software provider to sign a strategic framework agreement with the European Chips Joint Undertaking (Chips JU) which aims to bolster Europe’s semiconductor industry by fostering collaboration between the EU, member states and the private sector, through the European Chips Design Platform (EuroCDP) project. This collaboration grants companies accepted into the

Molex, a global electronics specialist and connectivity innovator, has completed the acquisition of Teramount Ltd., an Israel based developer of detachable fibre to chip connectivity solutions optimised for high volume Co Packaged Optics (CPO) and other silicon photonics applications. “Teramount’s passive, detachable coupling approach supports large assembly tolerances and semiconductor grade wafer level processes –

Renesas Electronics announced that a subsidiary of the company has completed the acquisition of Irida Labs, a Greece-based company specialising in embedded software for AI-powered visual perception systems. The acquisition strengthens Renesas’ Edge AI embedded processing offerings, a key secular growth area for Renesas. It also enables system-level solutions that integrate physical AI and software

Samsung Electronics has crossed the $1 trillion market capitalisation threshold – a milestone that places it alongside a handful of the world’s most valuable technology companies, and only the second Asian company after TSMC to reach that height. The reason? An AI-driven memory supercycle that is reshaping the economics of the semiconductor industry. Shares surged