Industrial Ethernet Market Size & Trends Expected to Reach $58.98 Billion by 2022: Zion Market Research

Sarasota, FL, June 30, 2017 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Industrial Ethernet Market by Protocol Type (Ethernet/IP, PROFINET, EtherCAT, Modbus TCP, POWERLINK, Sercos III and CC-Link IE), for Automotive, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Water & Wastewater, Food & Beverages, Pharmaceutical, Engineering/Fabrication and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, global industrial Ethernet market was valued at around USD 23.96 billion in 2016 and is expected to generate revenue of USD 58.98 billion by end of 2022, growing at a CAGR of slightly above 16.20% between 2017 and 2022. Continue reading Industrial Ethernet Market Size & Trends Expected to Reach $58.98 Billion by 2022: Zion Market Research

iView Completed Series B Funding Led by CMS Zhiyuan Capital

HONG KONG, June 30, 2017 (GLOBE NEWSWIRE) — iView Limited (hereinafter referred to as “iView”), a major global pico-projection engine provider, has recently completed its series B funding round valued at over RMB 100 million. CMS Zhiyuan Capital Co., Ltd. (hereinafter referred to as “CMS Zhiyuan Capital”), an investment platform of China Merchants Securities (CMS), was the lead investor during this round of funding.
Continue reading iView Completed Series B Funding Led by CMS Zhiyuan Capital

Semtech Announces Definitive Agreement to Acquire AptoVision

  • Adds Video over IP technology for the Pro AV market to Semtech’s established broadcast video portfolio
  • Over 30 employees to join Semtech in Montreal facility
  • Purchase price of approximately $28 million and contingent consideration of up to $47 million based on future financial goals
  • Deal expected to be neutral to Semtech’s FY2018 non-GAAP earnings and accretive to FY2019 non-GAAP earnings

CAMARILLO, Calif., June 29, 2017 (GLOBE NEWSWIRE) — Semtech Corporation (Nasdaq:SMTC) a leading supplier of high performance analog, mixed-signal semiconductors and algorithms, today announced the signing of a definitive agreement to acquire AptoVision Technologies Inc., a privately-held provider of uncompressed, zero-frame latency, Video over IP solutions addressing the exciting Pro AV market. The acquisition is expected to add over 30 employees based in Montreal. AptoVision’s CEO, Kamran Ahmed, will join Semtech reporting to Gary Beauchamp, Executive Vice President and General Manager of Semtech’s Signal Integrity Products Group. Continue reading Semtech Announces Definitive Agreement to Acquire AptoVision

Mercury Systems Receives Second Prestigious Cogswell Award from U.S. Defense Security Service

ANDOVER, Mass., June 29, 2017 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), announced that its West Lafayette, Ind. facility received the 2017 James S. Cogswell Outstanding Security Achievement Award from the U.S. Department of Defense’s Defense Security Service (DSS). Mercury’s Hudson, N.H. Advanced Microelectronics Center previously received a Cogswell Award. Continue reading Mercury Systems Receives Second Prestigious Cogswell Award from U.S. Defense Security Service

Orbit International’s Electronics Group Receives Letter Subcontract for Approximately $568,000 to Commence Procurement on Purchase Order Expected to Exceed $1,400,000

HAUPPAUGE, N.Y., June 29, 2017 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) has received a letter subcontract from a major defense contractor for approximately $568,000, authorizing it to commence the procurement of material for several units making up a suite of equipment used on a major military aviation program, while negotiations for the final purchase order for these units are being concluded. The value of the purchase order is expected to exceed $1,400,000 and negotiations should be finalized early in the fourth quarter of 2017. Deliveries of the completed units are expected to commence in the first quarter of 2018 and continue through the third quarter of 2018.
Continue reading Orbit International’s Electronics Group Receives Letter Subcontract for Approximately $568,000 to Commence Procurement on Purchase Order Expected to Exceed $1,400,000

Mercury Systems Receives $8.0M Order for Precision Guided Munitions Applications

ANDOVER, Mass., June 28, 2017 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), announced it received an $8.0M follow-on order from a leading defense prime contractor for state-of-the-art GPS Selective Availability Anti-Spoofing Modules (SAASM) for a precision guided munitions program. The order was booked in the Company’s fiscal 2017 fourth quarter and is expected to be shipped over the next several quarters. Continue reading Mercury Systems Receives $8.0M Order for Precision Guided Munitions Applications

Next-Generation Bluetooth Low Energy Chip from STMicroelectronics Boosts the Boom of Connected Smart Things

  • Low power, small size, and high performance enable widespread deployment of energy-conscious, space-constrained applications with BLE connectivity
  • Provides state-of-the-art security and is Bluetooth 5.0-certified to ensure interoperability with the latest mobiles and tablets

Geneva, June 28, 2017 – The new-generation Bluetooth® Low Energy (BLE) System-on-Chip from STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is set to accelerate the spread of connected smart objects throughout homes, shopping areas, industry, toys and gaming, personal healthcare and infrastructure. Continue reading Next-Generation Bluetooth Low Energy Chip from STMicroelectronics Boosts the Boom of Connected Smart Things

ESI to Participate in the Ninth Annual CEO Investor Summit 2017

PORTLAND, Ore., June 28, 2017 (GLOBE NEWSWIRE) — Electro Scientific Industries, Inc. (NASDAQ:ESIO), an innovator in laser-based manufacturing solutions for the micro-machining industry, today announced that the Company’s management will participate in the Ninth Annual CEO Investor Summit 2017, Wednesday July 12, 2017 in San Francisco, California.
Continue reading ESI to Participate in the Ninth Annual CEO Investor Summit 2017