Intel announced plans to acquire Tower Semiconductor for $5.4 billion as part of efforts to become a major provider of foundry services and capacity. Intel describes the deal as highly complementary, bringing together its leading-edge nodes and scale manufacturing with Tower’s specialty technologies and customer-first approach to delivering technology and manufacturing capabilities.
Omniseal Solutions™, a design engineering and manufacturer of precision sealing solutions and materials for over 60 years, has made the business decision to conclude their Rulon® material distribution partnership with Fluorten®, a plastic fabrication company in Italy.