Mergers & Acquisition

Mergers & Acquisition

Akibia, Inc. to Merge with Zensar

November 26, 2010

Merger with India-based IT services firm enables Akibia to bring dual-shore solutions to its Infrastructure Management, IT Support and Managed Services customers WESTBOROUGH, Mass. and MUMBAI, India, Nov. 22, 2010 -- PSI Holding Group, Inc., the parent company of Akibia, Inc., and Zensar Technologies, Inc. USA... Read More

Mergers & Acquisition

Metals USA Holdings Corp. Announces Acquisition

November 26, 2010

FORT LAUDERDALE, Fla., Nov. 22, 2010 - Metals USA Holdings Corp. (NYSE: MUSA), a leading provider of processed carbon steel, stainless steel, aluminum and other metals, announced today that it has entered into an agreement to purchase an affiliate of Eagle Steel Products, Inc. which will be named Ohio River Metal... Read More

Mergers & Acquisition

UTC Offers to Acquire Remaining Interest in Clipper Windpower

November 26, 2010

HARTFORD, Conn., Oct. 18 - United Technologies Corp. (NYSE: UTX) has reached agreement with the management and independent members of the board of directors of Clipper Windpower Plc (CWPL) on the terms of a cash offer by UTC to acquire all remaining shares of Clipper. Clipper is a California-based wind turbine... Read More

Mergers & Acquisition

Novell Agrees to be Acquired by Attachmate Corporation for $6.10 Per Share in Cash

November 26, 2010

WALTHAM, Mass., Nov. 22, 2010 - Novell, Inc. (Nasdaq: NOVL), the leader in intelligent workload management, today announced that it has entered into a definitive merger agreement under which Attachmate Corporation would acquire Novell for $6.10 per share in cash in a transaction valued at approximately $2.2... Read More

Mergers & Acquisition

EMC Commences Tender Offer for All Outstanding Shares of Isilon

November 24, 2010

HOPKINTON, Mass., Nov. 19, 2010 -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, announced today commencement of a cash tender offer to purchase all outstanding shares of common stock of Isilon Systems, Inc. (Nasdaq: ISLN) for $33.85 in cash without interest and less any... Read More

Mergers & Acquisition

Allen Engineering to Acquire the Miller Power Buggy Line

November 24, 2010

Jay Allen, President of Allen Engineering Corporation (AEC), announced today that AEC has entered into an agreement to acquire the Miller Power Buggy Line from The Miller Spreader Company, located in Youngstown, OH. Other Miller products, including its line of curb extruders and aluminum hand tools, will continue to... Read More

Mergers & Acquisition

Baxter Announces Acquisition of All Hemophilia-Related Assets of Archemix and an Exclusive License of Its Anti-TFPI Aptamer Technology

November 24, 2010

Lead Product ARC19499 Is Potential Subcutaneous Hemophilia Therapy Currently In Phase I Clinical Development DEERFIELD, Ill., November 19, 2010 - Baxter International Inc. (NYSE: BAX) announced today that it has entered into a definitive agreement to acquire all of the hemophilia-related assets of a privately-held... Read More

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