Mergers & Acquisition

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

Mergers & Acquisition

Fallbrook Technologies Inc. Acquires the Business of Hodyon LP, Manufacturer of Dynasys(TM) Auxiliary Power Unit (APU) Products

March 10, 2011

o Will utilize NuVinciĀ® transmission technology in next generation APU SAN DIEGO,March 7, 2011 - Fallbrook Technologies (Fallbrook) today announced the acquisition of the business of Hodyon LP, a manufacturer and distributor of energy-efficient products and systems. Hodyon's primary product focus is its... Read More

Mergers & Acquisition

Intertek to Acquire Leading Technical Services Group Moody International from Investcorp

March 10, 2011

LONDON, March 7, 2011 - Intertek, the leading international provider of quality and safety services, announced today that it has entered into an agreement to acquire Moody International ("Moody") from the alternative investment firm Investcorp. Moody is a worldwide technical services organisation dedicated to... Read More

Mergers & Acquisition

Oceaneering to Acquire Norse Cutting & Abandonment AS

March 10, 2011

HOUSTON, March 7, 2011 - Oceaneering International, Inc. (NYSE: OII) announced it has entered into a definitive purchase agreement to acquire Norse Cutting & Abandonment AS (NCA), for approximately $60 million. The purchase is expected to close by March 31, 2011. NCA is an oilfield technology company that... Read More

Mergers & Acquisition

Accuray to Acquire TomoTherapy for Approximately $277 Million in Cash and Stock

March 10, 2011

Combination of Two Best-in-Class Technologies Creates the Premier Radiation Oncology Company Acquisition Expected to be Accretive to Accuray's FY2013 Earnings SUNNYVALE, Calif. and MADISON, Wis., March 7, 2011 - Accuray (Nasdaq: ARAY), a global leader in the field of radiosurgery, and TomoTherapy Incorporated... Read More

Mergers & Acquisition

Western Digital to Acquire Hitachi Global Storage Technologies

March 10, 2011

Combination of Hard Drive Companies Will Create Industry's Broadest Product Portfolio and a Significant Pool of Resources for Innovation IRVINE, Calif. and SAN JOSE, Calif., March 7, 2011 - Western Digital (NYSE: WDC) and Hitachi, Ltd. (NYSE: HIT / TSE:6501) announced today that they have entered into a definitive... Read More

Mergers & Acquisition

Aggregate Industries Acquires Lattimore Materials Corp.

March 10, 2011

ROCKVILLE, Md., March 7, 2011 - Aggregate Industries US Inc., a wholly-owned subsidiary of Holcim Ltd, announced today that Lattimore Materials Corp. (LMC), a Texas-based aggregates and ready-mix concrete producer, has become a wholly-owned subsidiary of Aggregate Industries US Inc. Prior to this transaction, a... Read More