Mixed signal chip specialist Zarlink Semiconductor has sold the assets of its optical products group to Tyco Electronics for approximately $15million.
Tyco Electronics has struck a deal to sell its wireless systems business for $675million to communications equipment maker Harris.
TTI and Tyco Electronics have entered an exclusive partnership covering distribution of connectors in the aerospace, defence and marine markets. The agreement will strengthen Tyco’s presence in Europe, the Middle East and Africa.