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News Breaks | | | | September 4, 2012 | | 07:18 EDT |  | VSH | Vishay upgraded to Buy from Hold at Stifel Nicolaus
Stifel believes component fundamentals are stabilizing and that supply chain inventory levels are lean and that Vishay is well positioned when the component cycle recovers. Price target is $13. | |
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News For VSH From The Last 14 Days Check below for free stories on VSH the last two weeks. |
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| June 13, 2013 | | 17:22 EDT |  | VSH | Vishay acquires MCB Industrie S.A.
Vishay Intertechnology announced the acquisition of MCB Industrie S.A., a manufacturer of specialty resistors for professional market segments. The purchase price was approximately EUR 17M or approximately $23M. MCB Industrie S.A. resistors are used as motion sensors in avionics, military, and space applications and as power resistors in traction, energy distribution, and various other industrial applications. Sales of MCB Industrie S.A. were approximately EUR 23M or approximately $29M for the year ended March 31. | |
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