BILLINGSTAD, NORWAY – Kitron posted fourth quarter revenue of NOK 668 million ($86 million), an increase of 17% year-over-year.
SIEVI, FINLAND – Scanfil reported fourth quarter revenue of EUR 144.4 million ($179.8 million), up 18.1% year-over-year.
BERKSHIRE, UK – TT Electronics will acquire Stadium Group in a cash transaction valued at approximately £45.8 million.
WRIGHT-PATTERSON AIR FORCE BASE, OH – An Air Force Research Laboratory-led project in conjunction with NextFlex has resulted in the first functional samples of flexible Arduino circuit boards made by using a flexible hybrid electronics manufacturing process. The process sets the stage for smart technologies for the internet of things and sensor applications like wearable devices, the partners said.