BALTIMORE, MD – Patton LLC has acquired the assets of Practical Technologies, adding a 20,000-square-foot Baltimore-area manufacturing facility and expanding its electronics manufacturing and contract services footprint across defense, aerospace and industrial markets.
TEMPE, AR – Benchmark Electronics reported fourth-quarter revenue of $704 million, up 7% from $657 million a year earlier, as growth in aerospace and defense and medical programs offset softness in other end markets.
AUSTIN, TX – Flex reported third quarter net sales of $7.1 billion, up 8% year over year, exceeding company guidance as strength across diversified end markets.
BANGKOK – Fabrinet reported record quarterly results and raised its outlook for the third quarter as demand accelerated across telecom, datacom and high-performance computing programs.
DECATUR, IN – Aimtron Electronics Limited has acquired ICS Company, a US-based electronics system design and manufacturing (ESDM) and original design manufacturing (ODM) provider, strengthening its presence in North America and expanding its capabilities in mission-critical electronics.
Analysis of artificial intelligence’s place in the world is as ubiquitous (and occasionally, insufferable) as those chatbots cluttering up many businesses’ websites. Not unironically, then, am I adding to the din.