Mergers & Acquisition

Mergers & Acquisition

Magic Software Strengthens Global Presence with a New Acquisition

December 16, 2010

The company signed a purchase agreement with its South African distributor OR YEHUDA, Israel, Dec. 13, 2010 - Magic Software Enterprises Ltd. (Nasdaq: MGIC), a leading provider of cloud and on-premise application platform and business integration solutions, announced today that it signed a purchase agreement to... Read More

Mergers & Acquisition

A. O. Smith Reaches Agreement to Sell Electric Motor Division to Regal Beloit Corporation for $875 Million

December 16, 2010

Company Intends to Explore High-Growth Markets and Expansion Opportunities into New Geographies and Adjacent Technologies MILWAUKEE, Dec. 13, 2010 - A. O. Smith Corporation (NYSE: AOS) announced today it has entered into a definitive agreement to sell its Electrical Products Company, an operating segment that is... Read More

Mergers & Acquisition

Regal Beloit Corporation to Acquire Electrical Products Company from A.O. Smith Corporation

December 16, 2010

BELOIT, Wis., Dec. 13, 2010 - REGAL BELOIT CORPORATION (NYSE: RBC) today announced it has entered into an agreement to acquire 100% of the stock and assets of the Electrical Products Company ("EPC") from A.O. Smith Corporation (NYSE: AOS). EPC manufactures and sells a full line of motors for hermetic, pump... Read More

Mergers & Acquisition

L.B. Foster Company and Portec Rail Products, Inc. Announce Sale of Certain Assets

December 15, 2010

Koppers, Inc. to Purchase Portec's Rail Joint Business PITTSBURGH, Dec. 9, 2010 - L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) , announce the signing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings... Read More

Mergers & Acquisition

OMNOVA Solutions Completes Acquisition of ELIOKEM from AXA Private Equity

December 15, 2010

FAIRLAWN, Ohio, Dec. 9, 2010 o The acquisition creates larger, more diverse global specialty chemical and functional surfaces company with sales over US$1 billion and Adjusted EBITDA of approximately US$129 million, based on last twelve months through August 2010. o Significantly expands... Read More

Mergers & Acquisition

Tyco Electronics Completes Acquisition of ADC

December 15, 2010

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) today announced the completion of the acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT). The combination of Tyco Electronics (TE) and ADC positions the company as a world leader in broadband connectivity. Tom Lynch, Chief Executive... Read More

Mergers & Acquisition

Advantage IQ Acquires the Loyalton Group

December 14, 2010

Acquisition strengthens energy procurement and risk management service offerings and adds vertical industry expertise SPOKANE, Wash., Dec. 8, 2010 - Advantage IQ, Inc., a leading provider of strategic energy management solutions and a subsidiary of Avista Corp. (NYSE: AVA), announced today that it has entered into... Read More

Mergers & Acquisition

EarthLink Completes ITCDeltaCom Acquisition

December 14, 2010

ATLANTA,Dec. 8, 2010 - EarthLink, Inc. (Nasdaq: ELNK) today announced that it has completed its acquisition of ITCDeltaCom, Inc., a leading provider of integrated communications services to customers in the southeastern United States, in a transaction valued at approximately $524 million. Under the terms of the... Read More

Mergers & Acquisition

Keithley Instruments Acquired by Danaher Corporation

December 14, 2010

CLEVELAND, Dec. 8, 2010 - Keithley Instruments, Inc. (NYSE: KEI), a world leader in advanced electrical test instruments and systems, today announced completion of the merger of Aegean Acquisition Corporation, an indirect wholly owned subsidiary of Danaher Corporation, into Keithley pursuant to the previously... Read More

Mergers & Acquisition

Air Products Makes Best and Final Offer for Airgas; Increases All-Cash Offer to $70 Per Share

December 14, 2010

LEHIGH VALLEY, Pa., Dec. 9, 2010 - Air Products (NYSE: APD) today announced it has increased its fully financed cash tender offer to acquire all of the outstanding shares of Airgas, Inc. (NYSE: ARG) to $70 per share. This is Air Products' best and final offer for Airgas and will not be further increased. It... Read More

Mergers & Acquisition

BASF Completes Acquisition of Cognis

December 14, 2010

Integration process started Detailed integration plans expected at the end of Q1 2011 LUDWIGSHAFEN, Germany, Dec. 10, 2010 - BASF successfully completed its acquisition of Cognis Holding GmbH from Cognis Holding Luxembourg S.a r.l. controlled by Permira Funds, GS Capital Partners and SV Life Sciences yesterday... Read More

Mergers & Acquisition

Forward Industries to Acquire Consumer Electronics Accessories Company

December 14, 2010

NEW YORK, Dec. 8, 2010 - Forward Industries, Inc. (Nasdaq: FORD) (the "Company" or "Forward") is pleased to announce that it has signed a Letter of Intent to acquire Flash Ventures, Inc., the leader in professional sports and college team- branded consumer electronics peripherals and accessories. Flash Ventures has... Read More

Mergers & Acquisition

Tyco Electronics Successfully Completes Tender Offer for ADC Shares

December 14, 2010

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) announced today the successful completion of its tender offer through its subsidiary, Tyco Electronics Minnesota, Inc., to purchase the outstanding shares of common stock of ADC Telecommunications, Inc. (Nasdaq: ADCT). The tender offer... Read More

Mergers & Acquisition

Trimble Acquires Tata AutoComp Mobility Telematics from Tata AutoComp Systems in India to Expand Its Mobile Solutions

December 14, 2010

SUNNYVALE, Calif., Dec. 9, 2010 - Trimble (Nasdaq: TRMB) announced today it has acquired Tata AutoComp Mobility Telematics Limited (TMT), a wholly-owned company of Tata AutoComp Systems Limited of Pune, India. TMT is a leading provider of telematics solutions and Mobile Resource Management (MRM) services in India... Read More

Mergers & Acquisition

Monotype Imaging Acquires Ascender Corp

December 13, 2010

Acquisition to Strengthen Monotype Imaging's Ability to Provide Premium Font Products and Services to Customers WOBURN, Mass. - Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leading global provider of text imaging solutions, today announced it has acquired Ascender Corp., a privately held font provider with... Read More

Mergers & Acquisition

ABB Commences Previously Announced Tender Offer to Acquire All Outstanding Shares of Common Stock of Baldor Electric Company

December 13, 2010

ZURICH, Switzerland and FORT SMITH, Ark., Dec. 8, 2010 - Zurich, Switzerland and Fort Smith, Arkansas, USA, December 8, 2010 - ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Baldor Electric Company (NYSE: BEZ) (Baldor), a North American leader in industrial motors, announced today that... Read More

Mergers & Acquisition

Salesforce.com Signs Definitive Agreement to Acquire Heroku

December 13, 2010

Heroku is the leading Ruby application platform-as-a-service, powering more than 105,000 next-generation social and mobile cloud applications With an exploding community of more than 1 million developers, Ruby powers many of the leading Cloud 2 apps Heroku's Ruby cloud platform to accelerate enterprise customers... Read More

Mergers & Acquisition

Bosch Acquires RTI Technologies Co., Ltd.

December 13, 2010

Technical specialist in field of automotive maintenance equipment Growth opportunity for Automotive Aftermarket Business globally STUTTGART, Germany, Dec. 8, 2010 o Acquisition presents new business opportunity for Bosch Diagnostics o Bosch to expand in automotive air conditioning service market The Bosch... Read More

Mergers & Acquisition

Xyratex Expands Product Portfolio

December 13, 2010

Positions Xyratex for Growth in Media and Head Test Markets for Hard Disk Drives HAVANT, England, Dec. 8, 2010 - Xyratex Ltd (Nasdaq: XRTX), a leading provider of enterprise class data storage subsystems and storage process technology, announced today that it has acquired the HDD component test related business and... Read More

Mergers & Acquisition

II-VI Incorporated Announces Acquisition of Max Levy Autograph, Inc.

December 10, 2010

PITTSBURGH, Dec. 7, 2010 - II-VI Incorporated(Nasdaq:IIVI) today announced the acquisition of Max Levy Autograph, Inc. (MLA). MLA manufactures micro-fine conductive mesh patterns for optical, mechanical and ceramic components for applications such as circuitry, metrology standards, target calibration and suppression... Read More