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It’s a new year, and time for new resolutions and new beginnings. “New year, new you” certainly is reflected in this past week’s news. We saw several announcements regarding mergers, acquisitions, and organizational changes, plus some government legislation to help kick off the new year. Based on viewing activity, readers were keen to keep up on the changes under way.
Arcline Investment Management Acquires Ohmega Technologies
Published January 7
Ohmega Technologies becomes a member of a technology platform group of companies recently acquired by Arcline Investment Management. I-Connect007 will have further coverage of this news forthcoming.
CTS Acquires Temperature Sensors Company
Published January 1
From the press release, “QTI, doing business as QTI Sensing Solutions, is a leading designer and manufacturer of high-quality temperature sensors serving original equipment manufacturers (OEMs) with mission-critical applications in the industrial, aerospace, defense and medical markets. QTI’s sensors are used to measure temperature in gas, liquid or solid mass depending on the application to ensure equipment performance and reliability.”
Naprotek Purchased by Edgewater Capital Partners
Published January 7
Earlier this week, Naprotek also announced a new vice president of operations, Andrew Dalisa, and the appointment of Daniel Radler as Director of Engineering. It’s already been a busy year organizationally at Naprotek.
Whiteside’s View From the Summit: An Industry Perspective
Published January 4
Nolan Johnson spoke with Shane Whiteside to get his unique perspective on the industry as president and CEO of Summit Interconnect, as well as his position on the board of directors for the IPC. Whiteside discusses the business challenges he sees overall.
This statement by Chris Mitchell, vice president of global government relations at IPC, the global electronics manufacturing association, comments on recent actions by the U.S. government to bolster the security and resiliency of the U.S. defense electronics supply chain.