Mergers & Acquisition

Mergers & Acquisition

Cooper Industries Announces Agreement to Acquire HERNIS Scan Systems AS

November 24, 2010

Acquisition would expand harsh and hazardous product offering and global presence in oil and gas, marine and petrochemical markets DUBLIN, Nov 19, 2010 - Cooper Industries plc (NYSE: CBE) today announced the signing of an agreement to acquire Hernis Scan Systems AS (Hernis), a Norway-based manufacturer of closed... Read More

Mergers & Acquisition

Robbins & Myers and T-3 Energy Services Set January 7 Date for Shareholder Meetings on Merger

November 24, 2010

DAYTON, Ohio and HOUSTON, Nov. 18, 2010 -- Robbins & Myers, Inc. (NYSE: RBN) and T-3 Energy Services, Inc. (Nasdaq: TTES) jointly announced today that Robbins & Myers and T-3 Energy Services, Inc. will hold special shareholders meetings on January 7, 2011 to approve the merger of T-3 with a subsidiary of Robbins... Read More

Mergers & Acquisition

Laird Technologies Acquires Cattron

November 24, 2010

Purchase Expands M2M Market Reach and Full Systems and Application Software Capabilities St. Louis, Missouri, USA - November 23, 2010 - Laird Technologies, a global leader in the design and supply of customized, performance critical components and systems for advanced electronics wireless products, today announced... Read More

Mergers & Acquisition

Aerospace Component Manufacturers AbelConn, Photo Etch Merge to Create Major Industry Player

November 24, 2010

Companies will offer expanded product lines with continuous improvement of speed and reliability NEW HOPE, MN & FORT WORTH, TX - Nov. 16, 2010 -- A merger between two aerospace specialty manufacturers - Photo Etch and AbelConn - has created a major player in the industry. Working together, the companies can... Read More

Mergers & Acquisition

Power Sources Unlimited, Inc. Buys Assets of 1U Power LLC for an Undisclosed Amount

November 23, 2010

Wrentham, MA -- Power Sources Unlimited, Inc. a unique distributor, having a focused and synergistic line of ONLY power products recently announced that it has signed and executed a definitive agreement to acquire the assets of 1U Power LLC for an undisclosed amount. The acquisition is expected to close in late... Read More

Mergers & Acquisition

Expedia to Acquire Mobile Travel Apps Powerhouse Mobiata

November 23, 2010

Online travel leader to accelerate mobile app development, further enable travelers worldwide to shop and book on the go BELLEVUE, Wash. and ANN ARBOR, Mich., Nov. 18, 2010 -- Expedia, Inc. (Nasdaq: EXPE) today announced that it has entered into an agreement to acquire Mobiata(TM), creator of best selling mobile... Read More

Mergers & Acquisition

Thermadyne Holdings Corporation Announces Pricing of and Increase in Offering of Senior Secured Notes

November 23, 2010

ST. LOUIS, MO - November 18, 2010 - Thermadyne Holdings Corporation (NASDAQ:THMD) today announced that Razor Merger Sub Inc. has priced a private offering of senior secured notes due 2017 in connection with the acquisition of Thermadyne by affiliates of Irving Place Capital. The offering was increased to... Read More

Mergers & Acquisition

Allegheny Technologies to Acquire Ladish

November 22, 2010

PITTSBURGH, Pennsylvania -- November 17, 2010 -- Allegheny Technologies Incorporated (NYSE: ATI) and Ladish Co., Inc. (NASDAQ: LDSH) today announced that they have entered into a definitive merger agreement whereby ATI will acquire Ladish for an aggregate fully distributed equity value of approximately $778 million... Read More

Mergers & Acquisition

VeriFone to Acquire Hypercom to Accelerate Global Expansion

November 22, 2010

Extends VeriFone's Global Presence into Key Markets in Continental Europe Transaction Expected to be Solidly Accretive to VeriFone SAN JOSE, Calif. and PHOENIX, Ariz., November 17, 2010 - VeriFone Systems, Inc. (NYSE: PAY), a global leader in secure electronic payment solutions, and Hypercom Corporation (NYSE... Read More

Mergers & Acquisition

NAVTEQ Acquires PixelActive

November 22, 2010

Acquisition Reinforces the Company's Commitment to Leadership in 3D Mapping CHICAGO, Nov. 17, 2010 -- NAVTEQ, the leading global provider of maps, traffic and location data enabling navigation, location-based services and mobile advertising around the world, has acquired PixelActive. The acquisition is an... Read More

Mergers & Acquisition

Suntech to Acquire 375MW of Wafer Manufacturing Capacity

November 22, 2010

Vertical Integration Expected to Reduce Cost and Improve Profitability SAN FRANCISCO and WUXI, China, Nov. 17, 2010 -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's largest producer of solar panels, today announced that it is in the process of acquiring 375MW of ingot and wafer slicing capacity in... Read More

Mergers & Acquisition

Parker Acquires Gulf Coast Seal Limited to Build on Its Oil and Gas Market Position and Extend Its Quick Response Service Model

November 22, 2010

CLEVELAND, Nov. 16, 2010 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has acquired Gulf Coast Seal Limited based in Houston, Texas. Gulf Coast Seal (GCS) is a leading provider of highly engineered elastomeric and plastic sealing components... Read More

Mergers & Acquisition

Newfield Exploration to Expand Acreage Position in Marcellus Shale

November 22, 2010

Company signs agreement to acquire approximately 50,000 net acres in Bradford County, PA HOUSTON, Nov. 15, 2010 -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a purchase and sale agreement with EOG Resources, Inc., for approximately 50,000 net acres in the Marcellus Shale. Substantially... Read More

Mergers & Acquisition

MasTec Announces Investment in EC Source Services, LLC, Expanding Its Construction Capabilities in Extra High Voltage Transmission Systems

November 22, 2010

CORAL GABLES, Fla., Nov. 16, 2010 -- MasTec, Inc. (NYSE: MTZ) today announced the expansion of its engineering, procurement and construction capabilities in Extra High Voltage (EHV) electrical transmission systems through the purchase of a minority interest in EC Source Services, LLC, the EHV specialty transmission... Read More

Mergers & Acquisition

Keithley Instruments' Shareholders Approve Merger Agreement

November 22, 2010

CLEVELAND, Nov. 19, 2010 -- Keithley Instruments, Inc. (NYSE: KEI), a world leader in advanced electrical test instruments and systems, announced that, at its special meeting of shareholders held today, the Company's shareholders approved and adopted the Agreement and Plan of Merger, dated as of September 29, 2010... Read More

Mergers & Acquisition

Harbour Group Acquires Hardware Resources

November 22, 2010

ST. LOUIS, Nov. 17, 2010 - Harbour Group has acquired Hardware Resources Inc., a designer, manufacturer and distributor of products for the cabinet industry, Jeff Fox, Harbour Group's chief executive officer, announced. Terms of the transaction were not disclosed. Hardware Resources' products include functional... Read More

Mergers & Acquisition

L.B. Foster Company Announces Extension of Tender Offer for Portec Rail Products, Inc.

November 19, 2010

PITTSBURGH, Nov. 15, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) today announced that it is extending its previously announced cash tender offer, through its wholly-owned subsidiary Foster Thomas Company, for all outstanding shares of common stock of Portec Rail Products, Inc., until 5:00 p.m., New York... Read More

Mergers & Acquisition

Broadcom Completes Acquisition of Percello Ltd.

November 19, 2010

IRVINE, Calif., Nov. 15, 2010 - Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed the acquisition of Percello Ltd., a privately-held company that develops system-on-a-chip (SoC) solutions for femtocells. In connection... Read More

Mergers & Acquisition

North American Filtration, Inc. - Chemtrac Systems, Inc

November 19, 2010

We are pleased to announce that effective November 10, 2010, Chemtrac Inc., a division of North American Filtration, has purchased certain operating assets of Chemtrac Systems, Inc., of Norcross, GA. Since 1985 Chemtrac Systems, Inc. has supplied superior monitoring and control instrumentation to the municipal... Read More

Mergers & Acquisition

ITT Completes Acquisition of O.I. Corporation to Enhance Its Global Analytical Instrumentation Business

November 19, 2010

WHITE PLAINS, N.Y., November 16, 2010 - ITT Corporation (NYSE:ITT) announced today that it has completed its previously announced acquisition of O.I. Corporation, "OI," for approximately $29 million. OI is a leading provider of innovative instrumentation for laboratory and environmental testing in the... Read More