Mergers & Acquisition

Mergers & Acquisition

Phoenix Receives Proposal from the Gores Group to Acquire the Company for $4.20 Per Share in Cash

November 4, 2010

Phoenix Receives Proposal from the Gores Group to Acquire the Company for $4.20 per Share in Cash MILPITAS, Calif., Oct. 29 -- Phoenix Technologies Ltd.(Nasdaq: PTEC), the global leader in core systems software (CSS), today announced it has received an unsolicited proposal from the Gores Group to acquire all... Read More

Mergers & Acquisition

Regal Beloit Acquires Majority Interest in Elco Group B.V.

November 3, 2010

November 1, 2010 (BELOIT, WI): Regal Beloit Corporation (NYSE: RBC) today announced that it has acquired 55% of Elco Group B.V. ("Elco"). Elco manufactures and sells motors, fans and blowers and has manufacturing facilities in Italy, China, and Brazil. Elco's management will continue to lead the company following... Read More

Mergers & Acquisition

Acquisition Combines Two Well-Respected Names in the Cutting Tool Industry

November 3, 2010

(Bedford, IN - Oct. 27, 2010) Whitney Tool Company of Bedford, Indiana announces the acquisition of Cogsdill Enterprises of Walled Lake, Michigan. Both companies enjoy long-term reputations for excellent quality and customer service. The announcement comes as Whitney Tool celebrates its 40th year as a... Read More

Mergers & Acquisition

Spectrum Control Completes Acquisition of Summit Instruments, Inc.

November 2, 2010

FAIRVIEW, Pa., Oct. 29 -- Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, announced today that it has acquired all of the outstanding common stock of Summit Instruments, Inc. ("Summit"). Dick Southworth, Spectrum Control's President and Chief... Read More

Mergers & Acquisition

Codexis Acquires Maxygen Directed Evolution Intellectual Property Portfolio; Biofuels Payments to Maxygen End, Codexis Fields of Use Expand

November 2, 2010

REDWOOD CITY, Calif., Oct. 28 -- Codexis, Inc. (Nasdaq: CDXS) today announced that the company has acquired the directed evolution intellectual property portfolio of Maxygen, Inc. (Nasdaq: MAXY) for $20 million in cash. With this transaction, Codexis no longer has any obligations to make payments to Maxygen... Read More

Mergers & Acquisition

Healthy Order Intake, Further Sales Growth, Substantial Rise in Orders in Hand.

November 1, 2010

In the first nine months of the current financial year, the Mikron Group acquired new orders totalling CHF 171.5 million (+94.2% compared to previous year's low level), while sales rose 8.7% to CHF 124.3 million. Order backlog increased by 100.4% to CHF 94.8 million, achieving a much broader product and geographical... Read More

Mergers & Acquisition

Spectrum Control Signs Definitive Agreement to Acquire Summit Instruments, Inc.

November 1, 2010

FAIRVIEW, Pa., Oct. 27 -- Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, announced today that it has signed a definitive agreement to acquire all of the outstanding common stock of Summit Instruments, Inc. ("Summit"). Based in Akron, Ohio... Read More

Mergers & Acquisition

TriMas' Lamons Business Announces Agreement for Bolt-On Acquisition and Continued Sales and Service Center Expansion

November 1, 2010

BLOOMFIELD HILLS, Mich., Oct. 28 -- TriMas Corporation (Nasdaq: TRS) - a diversified global manufacturer of engineered and applied products - today announced that it has agreed to acquire the stock of South Texas Bolt & Fitting, Inc. (STBF) for the purchase price of $18 million, payable in cash at closing. The... Read More

Mergers & Acquisition

Zim Corporation Announces Technology Acquisition Purchase

November 1, 2010

Zim Corporation purchases all technology assets of Torch Technologies - enhances its database migration product and services offering. OTTAWA, Oct. 27 - Zim Corporation (OTCBB: ZIMCF), a provider of software products and services for the database and mobile markets, today announced its acquisition of the... Read More

Mergers & Acquisition

Boston Scientific Completes Acquisition of Asthmatx

November 1, 2010

NATICK, Mass., Oct. 26 -- Boston Scientific Corporation (NYSE: BSX) today announced the completion of its acquisition of Asthmatx, Inc. of Sunnyvale, California. The transaction follows the definitive agreement announced on September 20. Under the terms of the agreement, Boston Scientific purchased all outstanding... Read More

Mergers & Acquisition

Davis-Standard, LLC Acquires Medical Extrusion Leader Harrel, Inc.

November 1, 2010

(Pawcatuck, Conn.) - Davis-Standard, LLC announced today a binding agreement to acquire Harrel, Incorporated of Norwalk, Connecticut. Under terms of the agreement, Harrel will move operations to Davis-Standard's headquarters in Pawcatuck, Connecticut. Davis-Standard will continue to offer the existing Harrel line... Read More

Mergers & Acquisition

Broadcom Corporation to Acquire Percello Ltd

November 1, 2010

Broadcom Expands Its Broadband Carrier Access Portfolio with the Addition of Percello's Femtocell Technology IRVINE, Calif., Oct. 26 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire... Read More

Mergers & Acquisition

Comprehensive Settlement Reached with Majority of Parties to Merger Case in Pennsylvania

November 1, 2010

FirstEnergy, Allegheny Energy Address Issues Related to Jobs, Competition and Sustainable Energy AKRON, Ohio, and GREENSBURG, Pa., Oct. 25 -- FirstEnergy Corp. (NYSE: FE) and Allegheny Energy, Inc. (NYSE: AYE), along with 18 parties to their merger in Pennsylvania, today filed with the Pennsylvania Public Utility... Read More

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