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Omnea, an AI-native procurement intake and orchestration platform, has successfully raised $50 million in Series B funding to accelerate its shift to a new era of AI-powered supplier relationship management. This announcement comes after another year of growth for Omnea. The company has grown its revenue 5x and more than tripled headcount in the past
Avnet announced it has become a franchised distributor for AirBorn, a Molex company, widening its portfolio of rugged, mission-critical connectors and electronic components for aerospace, defence, space exploration, commercial aviation and other high-reliability markets. The agreement makes Avnet an authorised source for AirBorn products, which are designed for demanding environments and trusted in some of
After an unprecedented decision was made last month from the US government to grant NVIDIA and AMD licenses to sell their chips into China – which detailed that both NVIDIA and AMD would have to pay 15% of the revenues they generated to the US – another spanner has potentially been thrown in the works
Grinn, a full-cycle technology company specialising in the design and development of advanced IoT and embedded solutions, has announced the launch of a strategic partnership with MediaTek which will help it to extend the implementation of advanced AI and IoT technologies based on its off-the-shelf embedded computing systems. The first fruit of the partnership is
Arrow Electronics CEO Sean Kerins has left the company. He will be replaced as interim President and CEO by William F Austen, an Arrow board member. Kerins (pictured) has agreed to provide continued assistance to the company to support transition efforts. His separation is unrelated to Arrow’s financial statements. Kerins was named President and CEO
STMicroelectronics announced new details regarding the development of the next generations of Panel-Level Packaging (PLP) technology through a pilot line in its Tours site, France, which is expected to be operational in Q3 2026. PLP is an advanced, automated chip packaging and test process technology bringing increased manufacturing efficiency and reducing costs, and a key
Cyient Semiconductors, a specialist in custom ASIC/ASSP and intelligent power solutions, announced a strategic partnership with Anora, a global provider of semiconductor test, testability, and validation services. The collaboration brings together complementary strengths to provide comprehensive, end-to-end solutions for semiconductor product development. Under this partnership, Cyient Semiconductors and Anora will deliver expertise across the entire
Richardson Electronics, a global provider of engineered solutions for the green energy, power management, and custom display markets, announced the appointment of Daniel Albers to spearhead business development for its expanded, Made-in-USA contract manufacturing efforts. In this newly created role, Albers will lead efforts to expand Richardson’s manufacturing partnerships, strengthen customer relationships, and drive profitable
Mouser Electronics has signed a global distribution agreement with Quantic Evans, a supplier of high-energy density capacitors for demanding mission-critical applications. Quantic Evans’ hybrid capacitors, known as EVANSCAPS, serve diverse markets, including aerospace, energy, and communications, where high-reliability, size, weight, and power (SWaP) are crucial. “Partnering with Mouser significantly expands global access to our high-reliability
Samtec and Molex announced a license agreement, naming Molex as a second source for the Samtec Si-Fly HD product family. This collaboration provides customers with extended product availability and supply flexibility to a portfolio of robust, scalable connectivity solutions for a wide range of high-performance applications demanding high signal integrity and density. The Si-Fly HD