NEW YORK – Cofactr, a provider of a supply chain and logistics management platform for hardware manufacturers, has raised $17.2 million in a series A investment round.

OULU, FINLAND – Scanfil has lowered its annual revenue forecast due to material shortage challenges and a lowered demand in the fourth quarter.

TOKYO – Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to set a new industry record, reaching $113 billion in 2024 and growing 6.5% year-over-year, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024.

BRONSCHHOFEN, SWITZERLAND – An affiliate of US investment firm One Equity Partners will make a cash offer of CHF84.6 million ($96.3 million) to take over Cicor, the company announced.

BILLINGSTAD, NORWAY – Kitron expects revenue between €635 million and €660 million ($667 million and $694 million) for the year, with strong growth in its Defense & Aerospace market sector.