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HANZA Revises Financial Targets for 2025

02/15/2024 | HANZA
HANZA AB revises the financial targets for 2025. The sales target is raised to SEK 6.5 billion and the 8% operating margin target is increased to apply to the full year 2025.

Renesas to Acquire PCB Design Software Leader Altium

02/15/2024 | Renesas
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, and Altium Limited, a global leader in electronics design systems, announced they have entered into a Scheme Implementation Agreement (SIA) for Renesas to acquire Altium by way of a Scheme of Arrangement under Australian law.

BAE Systems Secures Regulatory Approvals for Acquisition of Ball Aerospace

02/14/2024 | BUSINESS WIRE
Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.

Cadence Reports Q4, Fiscal Year 2023 Financial Results

02/13/2024 | Cadence Design Systems
Cadence Design Systems, Inc. announced results for the fourth quarter and fiscal year 2023. Revenue of $1.069 billion, compared to revenue of $900 million in Q4 2022.

Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds Late in Year

02/06/2024 | SIA
The Semiconductor Industry Association (SIA) announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, which was the industry’s highest-ever annual total.
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