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Our expert contributors discuss the advent of mechatronics in PCB design, the challenges and opportunities this creates for circuit board designers, and the benefits—to the employee and the company—of becoming a mechatronics engineer.
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Cadence Completes Acquisition of BETA CAE
June 3, 2024 | Cadence Design SystemsEstimated reading time: Less than a minute
Cadence Design Systems, Inc. announced it has completed its previously announced acquisition of BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions. BETA CAE accelerates Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis suite with highly complementary products, enabling Cadence to offer a more comprehensive portfolio to its customers. BETA CAE has a very strong footprint in the automotive vertical sector and at leading companies in the aerospace, industrial and healthcare industries.
BETA CAE has annual revenue of about $90 million, and Cadence continues to expect BETA CAE to contribute about $40 million to its 2024 revenue. Cadence still expects the transaction to be approximately 12 cents dilutive to its 2024 earnings per share and become accretive in 2025, both on a non-GAAP basis.
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07/26/2024 | CelesticaCelestica Inc., a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, announced financial results for the quarter ended June 30, 2024 (Q2 2024)†.
Amphenol Reports Record Q2 2024 Results and Announces Dividend Increase
07/26/2024 | Amphenol CorporationThe Company continues to deploy its financial strength in a variety of ways to increase shareholder value. During the quarter, the Company purchased 3.1 million shares of its common stock for $190 million and paid dividends of $132 million, resulting in total capital returned to shareholders of more than $320 million.
Looking For That Perfect Job? Check Out jobCONNECT007
07/25/2024 | I-Connect007 Editorial TeamThere are a lot of open positions in this industry today. But where do you begin to look? We have the answer: jobCONNECT007, your guide to career opportunities in the electronic industry. In jobCONNECT007, you’ll find job openings that span the entire circuit board supply chain. Whether you’re involved in design, fabrication, assembly, test, or material development or distribution, this handy resource can help you get on your way to a new gig.
Boeing Provides Digital Flight Operations Solution for Ryanair
07/25/2024 | BoeingBoeing and Ryanair, Europe's largest airline group, are elevating efficiency across Ryanair's fleet of primarily 737s with the addition of Boeing's Jeppesen FliteDeck Pro 5.0 electronic flight bag (EFB) solution.
Cicor Group Grows Significantly and Shows Robust Operational Performance in a Challenging Environment
07/24/2024 | CicorCicor Group has continued to grow significantly in the first half of 2024, advancing into the top tier of European electronics manufacturers. Net sales reached CHF 231.3 million, an increase of 16.1% compared to CHF 199.2 million for the first half of 2023.