Mergers & Acquisition

Mergers & Acquisition

Lockheed Martin Announces Completion of $815 Million EIG Divestiture

November 29, 2010

BETHESDA, Md., Nov. 23, 2010 -- Lockheed Martin Corporation (NYSE: LMT) today announced that it has completed the divestiture of its Enterprise Integration Group (EIG) business to Veritas Capital for $815 million in cash. As announced on June 2, the Corporation's plan to divest EIG was based on the U.S... Read More

Mergers & Acquisition

Belden to Acquire Industrial Networking Technology Leader GarrettCom

November 29, 2010

Expands Smart Grid and Security Solutions with Ruggedized Product Platform ST. LOUIS, Nov. 23, 2010 - Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, has entered into a definitive agreement to acquire GarrettCom, a leading provider of advanced industrial... Read More

Mergers & Acquisition

Boeing Announces Agreement to Acquire Summit Aeronautics Group in Montana

November 29, 2010

Provides additional capacity to manufacture titanium and other hard metals structures SEATTLE, Nov. 22, 2010 -- Boeing (NYSE: BA) announced today that it has agreed to acquire the business and operations conducted by Summit Aeronautics Group in Helena, Mont. Summit employs 135 people to manufacture titanium and... Read More

Mergers & Acquisition

Broadcom Completes Its Acquisition of Beceem Communications, Inc.

November 29, 2010

IRVINE, Calif., Nov. 24, 2010 - Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed its acquisition of Beceem Communications, Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for LTE and... Read More

Mergers & Acquisition

Broadcom Corporation to Acquire Gigle Networks Inc.

November 29, 2010

Broadcom Expands Its Connected Home Portfolio with the Addition of Gigle Networks' Powerline Networking Technology IRVINE, Calif., Nov. 22, 2010 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement... Read More

Mergers & Acquisition

Boeing to Acquire Military Logistics Provider CDM Technologies

November 29, 2010

o Acquisition supports Boeing's growth strategy for logistics command and control. o CDM Technologies' logistics optimization software enables U.S. military customers to efficiently move people and assets around the world. o Boeing subsidiary Tapestry Solutions will fully integrate CDM Technologies' employees and... Read More

Mergers & Acquisition

Eriez® Hydroflow® Moves to New Facility in Maumee, Ohio

November 29, 2010

Erie, Pa. - Eriez®, world authority in advanced technology for liquid and solid materials separation applications, announces the company's Eriez Hydroflow® division has re-located to a new, state-of-the-art sales and engineering office in Maumee, Ohio. Eriez recently acquired Hydroflow® Filtration Systems and the... Read More

Mergers & Acquisition

Han-Tek Acquires PowerLab Control Technologies

November 29, 2010

VICTOR, N.Y., Nov. 23, 2010 - Han-Tek Inc., the largest materials handling and systems automation company in Upstate New York, announced today its acquisition of PowerLab Control Technologies, an industrial systems integrator in North Carolina. Through this acquisition, Han-Tek is bolstering its solutions portfolio... Read More

Mergers & Acquisition

Elbit Systems Completes the Acquisition of Mikal's Holdings in Soltam, Saymar and ITL

November 29, 2010

HAIFA, Israel, Oct. 17 -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ("Elbit Systems") announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd. ("Soltam"), Saymar Ltd. ("Saymar") and ITL... Read More

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