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Berkshire Hathaway Inc. is an American multinational conglomerate holding company with its headquarters in Omaha, Nebraska, United States. The company's primary business is insurance, which it uses to invest in various subsidiaries, equity positions, and other securities. Berkshire Hathaway operates in diverse sectors, including insurance, utilities, energy, manufacturing, service, and retail operations. The conglomerate is known for its decentralized structure, allowing autonomy to its subsidiaries.
Mouser Electronics has launched the second chapter of its Empowering Innovation Together series, focusing on immersive technologies and extended reality (XR). The program includes exclusive content such as a Then, Now and Next video and a new episode of The Tech Between Us podcast, featuring insights from industry leaders. CEO Glenn Smith emphasizes the importance of these technologies across various sectors, fueled by advancements in IoT, smart devices, and 5G.
This initiative has sponsorship from major manufacturers such as Intel and Analog Devices.
Alleghany Corporation (NYSE: Y) has concluded its 'go-shop' period related to its merger agreement with Berkshire Hathaway (NYSE: BRK.A; BRK.B) as of April 14, 2022. During this period, Alleghany reached out to 31 potential buyers but did not receive any alternative acquisition offers. Consequently, Alleghany now faces 'no-shop' restrictions that limit discussions on other acquisition proposals. The merger is expected to finalize in Q4 2022, pending necessary approvals from Alleghany's shareholders and regulatory bodies. Goldman Sachs and Willkie Farr & Gallagher are advising Alleghany on this transaction.
Mouser Electronics announces its exclusive sponsorship of the Hall of Fame at the FIRST Robotics Competition Championship scheduled for April 20–23 in Houston. This event highlights the winners of the Chairman’s Award, which honors exemplary teams. The company has supported FIRST since 2014, contributing to various robotics competitions and providing grants for local high school teams. Mouser’s commitment to education emphasizes innovation and engineering skills for students globally.
Mouser Electronics, a leading distributor of semiconductors and electronic components, has been awarded the Global High Service Distributor of the Year for the eighth time by TE Connectivity. This recognition is based on Mouser's impressive 2021 performance, which includes growth in sales, market share, and customer base. Mouser has previously received this award for several consecutive years, highlighting its strong partnership with TE. The company's vast inventory supports various industries including automotive, aerospace, and consumer devices.
American Dairy Queen Corporation has announced the launch of its new Signature Stackburgers™ menu, marking the most extensive product rollout in 20 years. This menu introduces five flavor varieties of cheeseburgers, crafted to enhance their hot food offerings and attract customers seeking diverse flavors. Each burger includes 100% seasoned real beef and various toppings, available at all DQ Grill & Chill restaurants in the U.S., except Texas. Leaders at ADQ express confidence that these additions will boost customer retention and satisfaction.
Mouser Electronics has been awarded the 2021 Distributor of the Year by Amphenol SV Microwave, recognizing their outstanding POS growth and teamwork. This accolade reflects the successful collaboration between the two companies and highlights Mouser's marketing creativity and business operations. Mouser has previously received multiple awards from Amphenol, showcasing a solid partnership over the years. The company continues to offer a wide selection of semiconductors and electronic components, enhancing its reputation in the industry.
Mouser Electronics is hosting a Drive-Thru Job Fair on April 2, from 8 a.m. to noon, at its headquarters in Mansfield, Texas, to recruit additional full-time employees. The company emphasizes its continuous growth and offers competitive pay, excellent benefits, and a supportive work environment. Job seekers can apply online and will be interviewed onsite. Mouser has not experienced layoffs since its inception in 1964, indicating its stable expansion in the electronic component distribution sector.
Mouser Electronics announces its ongoing sponsorship of the FIRST Robotics Competition, a program that promotes innovation and essential engineering skills among students. Since 2014, Mouser has supported FIRST events globally, including local and international competitions. This year, Mouser will co-sponsor the upcoming Texas UIL State Robotics Championships in April and continues its sponsorship of the Hall of Fame at the FIRST Championships. This initiative aligns with Mouser’s commitment to education and community development in STEM.
Berkshire Hathaway (NYSE:BRK.A; BRK.B) has announced its acquisition of Alleghany Corporation (NYSE:Y) for $848.02 per share in an all-cash transaction, valued at approximately $11.6 billion. This deal, approved by both boards, offers a 29% premium over Alleghany's average stock price over the past 30 days. Alleghany will maintain its operations independently while benefiting from Berkshire's financial strength. The acquisition is expected to close in Q4 2022, subject to stockholder and regulatory approvals.