GLENVIEW, IL – Illinois Tool Works Inc. said it acquired Ion Systems Inc. on May 18.

Financial terms of the transaction were not disclosed.

Ion Systems, producer of electronic static control products, will be a wholly-owned subsidiary of ITW, and will become part of the company's existing ionization and static electricity control business.

ITW will continue to operate Ion Systems as a separate business, as part of the Simco electrostatic processes platform.

BILLINGSTAD, NORWAY – EMS firm Kitron reported second-quarter 2010 revenue of NOK 425.7 million, up 1.3% compared to the same quarter last year on higher medical demand.

Profit before tax and discontinued operations was NOK 1.7 million, down 37% year-over-year.

CHICAGO – The rebound in orders in the EMS sector has brought with it an uptick in M&A activity.

TAIPEI -- Foxconn Electronics reported July revenues of NT$196.17 billion ($6.16 billion), down a tick sequentially but up 53% year-over-year.

MINNEAPOLIS -- Nortech Systems swung to a net profit of $147,000 for its second quarter ended June 30. The EMS firm took a net loss of $1.5 million in the year ago period.

RONKONKOMA, NY -- API Technologies Corp. today reported record fiscal fourth-quarter revenue of $30.1 million, up 378% from 2009 on higher sales and acquisitions.

NEENAH, WI -- Electronics manufacturing services provider Plexus will temporarily suspend operations in one of its Oradea, Romania, plants after a fire broke out after hours.

TEKIRDAG, TURKEY – Foxconn Technology Group said it would invest some $60 million to construct a plant here to produce desktop computers. 

WESTLAKE, OH -- Nordson Corp. has combined its Dage and Yestech subsidiaries into a single test and inspection group under the direction of Dage chief executive Stephen Kew.

ST. LOUIS -- Viasystems Group reported second-quarter sales in its Assembly segment were $43.7 million, up 21.3% sequentially, on strong demand in telecommunications.

PLZEN, CZECH REPUBLIC – Specialty Coating Systems has opened a 12,000 sq. ft. facility here to manufacture conformal coating, its tenth facility worldwide.

PALO ALTO, CA -- Hewlett-Packard chief executive and president Mark Hurd, credited by many for the computer giant's turnaround, has resigned after an in-house investigation found violations of company conduct standards.