Specialist technologies and electronic components designer, specifier and distributor APC Technology Group has signed an agreement to become the UK and Ireland distributor for 3D PLUS, a manufacturer of advanced high-density 3D microelectronics products for space applications, it announced on Monday.
APC Technology on Thursday said it had completed the acquisition of First Byte Micro, a franchised and independent distributor of electronic components for £1.2m.
Design, specification and distributor of specialist technologies and electronic components, APC Technology Group, has signed an agreement to become the exclusive UK and Ireland distribution partner for the Austrian manufacturer of PTP switches and network interface cards, Oregano Systems.
Specialist electronic components and systems, lighting technologies and connectivity products company APC Technology Group announced its preliminary results for the year to 31 August on Wednesday, with revenue from continuing operations of £17.9m, down from £22.8m.
APC Technology Group has sold its water hygiene and treatment division to Integrated Water Service (IWS) for £1.8m, in order for the company to significantly reduce fixed costs and focus on growing its other businesses.
Electronic component distributor APC Technology is to be the partner of Gooee's internet of things lighting ecosystem.
Electronic component and service provider APC Technology raised £1.1m through a placing of 13.75m ordinary shares of 2p on AIM at 8p per share.
BAE Systems non-executive director Paula Rosput picked up 1,000 American Depositary Receipts representing 4,000 ordinary shares in the aerospace and defence engineer at an individual price of $28.411 each one, for a total amount of $28,411.
APC Technology was reportedly bouncing back from a tough 2015 this week, having released its annual results several months after year end.
One of AIM-listed APC Technology Group's subsidiaries has won four major LED lighting contracts worth over £1.15m.
Anadarko Petroleum Corp has been ordered by a US court to pay a $159.5m civil fine due to its stake in the Deepwater Horizon oil rig which exploded causing 2010 Gulf of Mexico disaster.
Mark Robinson has resigned as chief executive and director of APC Technology Group, the electronic components supplier said on Monday.
APC Technology has warned that profits will be below market expectations after its solar panels business failed to win as much business as expected due to uncertainty around government renewables policy.
The US Supreme Court has rejected appeals from Anadarko Petroleum Corp and BP over fines related to the 2010 Gulf of Mexico oil spill.
Technologies provider APC said on Tuesday it secured a contract with Wm Morrisons and raised £1.45m by a placing of shares.
US stocks advanced on Thursday, continuing the post-Fed rally regardless of the day's mixed economic data.
US stocks jumped strongly on Thursday as the post-Fed rally continued into its second day despite a raft of mixed economic data.
US stocks rose on Wednesday after the Federal Reserve decided to maintain low rates and consumer prices slid further than they have in six years.
US stocks fell on Monday despite a positive start to the day as oil prices continue to slide amid higher than expected US industrial production numbers.
US stocks retreated early on Monday despite a better than expected reading on US industrial production which showed activity in the sector at its highest since May 2010.