Mergers & Acquisition

Mergers & Acquisition

Altair Engineering to Acquire SimLab Corporation

November 1, 2010

Acquisition of SimLab technology and expertise increases powertrain depth and broadens Altair's software portfolio TROY, Mich., Oct. 28 --Altair Engineering, Inc., a leading global provider of simulation technology and engineering services that empowers client innovation and decision-making, today announced it has... Read More

Mergers & Acquisition

Boston Scientific Agrees to Sell Neurovascular Business to Stryker

November 1, 2010

NATICK, Mass., Oct. 28 -- Boston Scientific Corporation (NYSE: BSX) today announced the execution of a definitive agreement under which Stryker Corporation will acquire Boston Scientific's Neurovascular business. The purchase price is $1.5 billion, payable in cash, of which $1.4 billion is payable at closing and... Read More

Mergers & Acquisition

Open Text Acquires StreamServe

November 1, 2010

Document Output Management and Customer Communication Management Solutions Complement the Open Text ECM Suite, Enhances SAP Partnership WATERLOO, ON, Oct. 27 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC) today announced that it has acquired StreamServe Inc., a leading provider of business communication... Read More

Mergers & Acquisition

Sensata Technologies Announces Agreement to Acquire Honeywell's 'Automotive on Board' Sensors Business

November 1, 2010

ALMELO, Netherlands, Oct. 28 -- Sensata Technologies Holding N.V. (NYSE: ST) (the "Company") announced today that it has reached a definitive agreement to acquire the "Automotive on Board" sensors business of Honeywell International (NYSE: HON) for $140 million in cash. "This acquisition further expands our... Read More

Mergers & Acquisition

Air Products Extends Tender Offer to Acquire Airgas

November 1, 2010

LEHIGH VALLEY, Pa., Oct. 27 -- Air Products (NYSE: APD) today announced that it has extended the expiration date of its tender offer for all outstanding common shares of Airgas, Inc. (NYSE: ARG) for $65.50 per share in cash. The offer and withdrawal rights are now scheduled to expire at 12:00 midnight New York City... Read More

Mergers & Acquisition

Butler National Makes Strategic Acquisition of Kings Avionics to Expand Capabilities in Key Market Segments

November 1, 2010

OLATHE, Kan., Oct. 28 -- Butler National Corporation (OTC Bulletin Board: BUKS), a leading manufacturer and provider of support systems for "Classic" commercial and military aircraft and a recognized provider of professional management services in the gaming industry, announces strategies for growth and... Read More

Mergers & Acquisition

Honeywell Reaches Agreement to Sell Automotive On-Board Sensor Products Business to Sensata Technologies

November 1, 2010

GOLDEN VALLEY, Minn., Oct. 28 -- Honeywell (NYSE: HON) announced today that it has reached a definitive agreement to sell its automotive on-board (AoB) sensor products business to Sensata Technologies (NYSE: ST), Almelo, Netherlands, for $140 million. The transaction, subject to regulatory approvals, is expected to... Read More

Mergers & Acquisition

International Components Corporation (ICC) and Nexergy Announce Merger

November 1, 2010

Merger creates the industry's largest manufacturer of rechargeable power systems CHICAGO, IL and COLUMBUS, OH, October 28, 2010: Nexergy, Inc. (www.nexergy.com) a leading designer and manufacturer of custom battery packs, and International Components Corporation (ICC, www.iccus.com), a global developer and... Read More

Mergers & Acquisition

Trimble Acquires ThingMagic RFID Technology

October 29, 2010

SUNNYVALE, Calif., Oct. 25 - Trimble (Nasdaq: TRMB) announced today it has acquired the business of ThingMagic, Inc. of Cambridge, Massachusetts. ThingMagic is a leading developer of radio frequency identification (RFID) technology and offers advanced development services to facilitate the integration of RFID into a... Read More

Mergers & Acquisition

Sundyne Acquires 100 Percent Control of the Sundyne Nikkiso Joint Venture

October 29, 2010

ARVADA, Colo., Oct. 25 -- Sundyne Corp., a Hamilton Sundstrand subsidiary, and NIKKISO CO., LTD. formally announced today that they have completed a transaction that will give Sundyne 100 percent ownership of the former Sundyne Nikkiso joint venture in Tokyo, Japan. Hamilton Sundstrand is a subsidiary of United... Read More

Mergers & Acquisition

GE Strengthens Role in China Compressor Manufacturing with SBW Group

October 29, 2010

Partners Close Strategic Deal Announced in January, Reinforcing GE's Commitment to China BEJING - 25 October 2010 - GE (NYSE: GE) today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a... Read More

Mergers & Acquisition

Quanta Services Acquires Valard Construction

October 29, 2010

Acquisition expands Canadian presence; delivers comprehensive infrastructure services to growing Canadian electric power transmission market HOUSTON, Oct. 25 - Quanta Services, Inc. (NYSE: PWR) today announced that on Oct. 22, 2010, it signed a definitive agreement to acquire Valard Construction, one of Canada's... Read More

Mergers & Acquisition

asknet Acquires New Customer Norman ASA

October 29, 2010

KARLSRUHE, Germany, October 25, 2010 o Norman Outsources its Worldwide eCommerce Activities to asknet o International Reseller Business Integrated Into eShop o Praise for Professional Shop Set-up asknet, a leading provider of global eCommerce solutions for software vendors, has acquired the Norwegian company... Read More

Mergers & Acquisition

IBM Completes Acquisition of OpenPages

October 28, 2010

ARMONK, N.Y., Oct. 21 - IBM (NYSE: IBM) today announced that it has completed its acquisition of OpenPages, a leading provider of software that helps companies more easily identify and manage risk and compliance activities across the enterprise through a single management system. IBM's approach to risk management... Read More

Mergers & Acquisition

j2 Global Communications, Inc. Acquires keepITsafe

October 28, 2010

LOS ANGELES, Oct. 21 - j2 Global Communications, Inc. (NasdaqGS: JCOM), the provider of outsourced, value-added messaging and communications services, today announced that it has acquired keepITsafe Data Solutions Ltd., Ireland's largest provider of cloud-based, online backup services. The acquisition expands j2... Read More

Mergers & Acquisition

Greenway Acquires Imaging Technology

October 28, 2010

Purchase Signals Focus on Expanding EHR Functionality and Company Growth CARROLLTON, Ga., Oct. 21 - Greenway Medical Technologies, Inc. today announced that it has acquired imaging technology and certain other assets from VisualMED, a leading imaging conversion and communications firm serving the healthcare... Read More

Mergers & Acquisition

IBM Acquires Clarity Systems

October 28, 2010

Expands Business Analytics Portfolio to Drive Financial Governance Initiatives and Reduce Risk ARMONK, N.Y., Oct. 21 - IBM (NYSE: IBM) today acquired Clarity Systems, a privately-held company based in Toronto, Canada. Financial terms were not disclosed. Clarity Systems delivers financial governance software that... Read More

Mergers & Acquisition

AMC and Ezra Create Powerful Deepwater SURF Player

October 28, 2010

22 October 2010 - Aker Solutions has agreed to transfer ownership in its subsidiary Aker Marine Contractors (AMC) to Singapore listed company Ezra Holdings Ltd (Ezra) in exchange for equity instruments in Ezra and cash. In addition, 50% of Aker Solutions' ownership in the Aker Connector installation vessel will be... Read More

Mergers & Acquisition

Caterpillar to Buy 3i-Backed MWM Significantly Expanding Customer Options for Sustainable Power Generation Solutions

October 28, 2010

PEORIA, Ill. and LONDON, Oct. 22 - Caterpillar Inc. (NYSE: CAT) has signed an agreement to acquire MWM Holding GmbH ("MWM" or the "Company") from 3i and funds managed by 3i. Headquartered in Mannheim, Germany, MWM is a leading global supplier of highly sustainable alternative engines. With the acquisition of MWM... Read More

Mergers & Acquisition

GE Healthcare to Acquire Cancer Diagnostic Company Clarient Inc.

October 28, 2010

o Addition of high-growth business will create strong technology-enabled services platform in molecular diagnostics o Complementary capabilities in diagnostics will improve patient care, reduce costs CHALFONT ST GILES, UK and ALISO VIEJO, Calif., Oct. 22 /-- GE Healthcare, a unit of General Electric Company (NYSE... Read More