All Business News

Avnet Time acquires Flint

Avnet Time has acquired Flint Distribution, the Leicestershire based interconnect, passive and electromechanical (IP&E) product distribution specialist. Flint will be integrated into the Avnet Time organisation and the newly formed business will have annual revenues of €31million.

Balloon bid

Leading explorer David Hempleman-Adams has launched an attempt to cross the northern Atlantic in the smallest gas balloon ever to tackle such a flight. The venture is sponsored by XP Power and Toshiba.

£3bn designs on China

A taskforce has been set up by UK Trade & Investment (UKTI) to help British designers win business in China. It believes UK manufacturing could be competing for a slice of China's booming design industry potentially worth more than £3 billion.

DTI abolished in reshuffle

Prime Minister Gordon Brown has abolished the DTI and replaced it with the Department for Business, Enterprise and Regulatory Reform. The new department's primary role will be ‘to lead work to create the conditions for business success, through competitive and flexible markets that create value for business, consumers and employees; and working across Government and the regions to raise levels of productivity’.

LSI sells its consumer products business

As part of the fallout of it swallowing Agere Systems earlier this year, LSI Logic is selling its consumer products business to Magnum Semiconductor. The deal is said to allow Magnum to strengthen its position as a leading provider of chips, software and platforms for consumer entertainment systems, whilst LSI will focus on the storage, networking and mobility market segments.

Qinetiq to speed technology investment growth

QinetiQ is creating a new technology venture fund in conjunction with Coller Capital to accelerate the development and realisation of seven of its venture investments. The fund will manage seven Qinetiq start ups, including ZBD Displays.

picoChip raises another $27million

In its largest funding round to date, picoChip has secured a further $27million of investment. Highland Capital Partners led the round, together with undisclosed key strategic investors. The proceeds will be used to fund future growth.

Wibree merges with Bluetooth

The Wibree Forum, a group promoting the ultra low power wireless technology originally developed by Nokia, is to merge with the Bluetooth SIG. Wibree will now become the ultra low power part of the Bluetooth specification.

A need for speed

New MS269X series streamlines signal analysis, increases measurement speed and combines multiple test features in one module.

Sensing opportunities

An advanced motion sensor from Analog Devices is set to address applications previously served by more expensive parts. In a move which extends its iSensor range, the ADIS16355 inertial measurement unit delivers performance and functionality previously reserved for defence, aerospace and other high end applications at approximately one tenth of the cost.

M3 based mcu 'meets UK design needs'

STMicroelectronics has announced a new family of 32bit flash microcontrollers based on the ARM Cortex-M3 core. According to the company, the combination of high performance, low power and low cost will make the range attractive to existing 8 and 16bit users looking to upgrade.

Academics get Silver Medals

Two of the UK’s leading electronics academics have been presented with the Royal Academy of Engineering’s Silver Medal, recognising outstanding personal contribution to UK engineering.

Camcon eyes global expansion

Cambridge Consultants has made three senior management changes and unveiled plans to expand global operations over the next five years, creating more than 200 new jobs.

Intel processors go lead free

Intel has announced that all future processors, beginning with its 45nm family, will be lead free. The 65nm processor family will be moved to lead free status next year.

ST, Intel form independent flash company

Confirming the recent speculation, STMicroelectronics and Intel – with further investment from Francisco Partners – are pooling their flash memory interests to create an independent semiconductor company.

ST opts for foundries

ST Microelectronics plans to deliver micro fuel cells to the market in 2009, as well as samples of plastic electronics devices next year.

A frank exchange of views

A panel of experts assembled by distribution trade body afdec suggests there still remains a tremendous amount of opportunity for UK electronics. Mike Richardson reports.

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