Mergers & Acquisition

Mergers & Acquisition

Torch Hill Investment Partners Invests Additional Capital and Assumes Majority Share of Diamondback Tactical, LLLP

March 14, 2011

Diamondback Tactical focuses on growth and advance product development SPINDALE, N.C., March 9, 2011 - Diamondback Tactical announced today that Torch Hill Investment Partners LLC has invested additional capital into the company and has gained a majority stake in D-Back Acquisition Co, the parent company of... Read More

Mergers & Acquisition

SGI Acquires SGI Japan, Ltd.

March 14, 2011

o Strategic entry into Japan's Technical Computing market o Expanded sales and service opportunities in world's 3rd largest economy o Increased revenue outlook for FY11 and FY12 o Purchase price of $17.9M FREMONT, Calif. and TOKYO, March 9, 2011 - SGI (Nasdaq: SGI), a trusted leader in technical computing, today... Read More

Mergers & Acquisition

Alcoa Completes TransDigm Aerospace Fastener Acquisition

March 14, 2011

NEW YORK - Alcoa (NYSE:AA) announced today it has completed the acquisition of the aerospace fastener business of TransDigm Group Inc., a global designer, producer and supplier of highly engineered aircraft components. The business will become part of Alcoa Fastening Systems (AFS), a leading worldwide designer and... Read More

Mergers & Acquisition

OpenText Accelerates Mobile App Strategy with weComm Acquisition Agreement

March 11, 2011

With weComm, OpenText Enters a High-Growth Market to Help Companies Deliver Mobile Apps For Any Device to Reach Their Customers, Consumers WATERLOO, ON and LONDON, UK, March 8 - OpenText(TM) (NASDAQ: OTEX, TSX: OTC) announced today it has reached an agreement to acquire London-based weComm, a deal that will... Read More

Mergers & Acquisition

Misys Strengthens Its Transaction Banking Offering for North America

March 11, 2011

LONDON, March 8, 2011 - Misys plc (LSE: MSY.L), the global application software and services company, today announces that it has made a significant acquisition to enhance its Transaction Banking offering in the United States. The deal with Gandacar Consulting Limited (GCL) includes the intellectual property... Read More

Mergers & Acquisition

Automated Packaging Systems Acquires Two More Buildings in Streetsboro to Meet Growth Needs

March 11, 2011

STREETSBORO, OH - March 9, 2011 - Automated Packaging Systems, the world leader in high-reliability bag packaging systems, is expanding its operations in Streetsboro, Ohio by acquiring two commercial buildings. The larger building is 173,000 square feet of combined manufacturing, office and warehouse space located... Read More

Mergers & Acquisition

GE's Acquisition of Wellstream: Shaping a New Era in Subsea Oil and Gas Production

March 11, 2011

LONDON, UNITED KINGDOM and RIO DE JANEIRO, BRAZIL - March 8, 2011-GE (NYSE: GE) is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares ("Wellstream's Shares") on the... Read More

Mergers & Acquisition

Siemens Strengthens Its Position in the Subsea Power Market

March 10, 2011

Acquisition of subsea specialists Poseidon and Bennex Siemens has entered into an agreement to acquire the two subsea specialists Poseidon Group AS and Bennex Group AS from Subsea Technology Group AS, Norway. Poseidon provides subsea marinization, engineering and consulting, and has a workforce of 140 employees and... Read More