Mergers & Acquisition

Mergers & Acquisition

Inverness Medical Innovations Finalizes Acquisition of Panbio Ltd

January 11, 2008

WALTHAM, Mass., Jan. 7 -- Inverness Medical Innovations (AMEX:IMA) today announced that its previously announced acquisition of Panbio Ltd has been successfully completed. The transaction was finalized with Inverness acquiring all outstanding shares for a total value of approximately $37 million. Panbio... Read More

Mergers & Acquisition

Autodesk Completes Acquisition of Hanna Strategies LLC

January 11, 2008

SHANGHAI, China, Jan. 7 -- Autodesk, Inc. (NASDAQ:ADSK) today announced it has completed the acquisition of Hanna Strategies, a software development firm with offices in Shanghai, Atlanta and Pune, India. On November 1, 2007, Autodesk announced its intention to acquire Hanna Strategies. Terms of the transaction were... Read More

Mergers & Acquisition

New Ulm Telecom, Inc. Completes Acquisition of Hutchinson Telephone Company

January 11, 2008

NEW ULM, Minn., Jan. 4 -- New Ulm Telecom, Inc. ("New Ulm") announced today that it has completed its acquisition of Hutchinson Telephone Company ("HTC") for approximately $78 million. HTC will continue to operate as a subsidiary of New Ulm. The acquisition has resulted in a combined company that provides phone... Read More

Mergers & Acquisition

Omnicom's BBDO Invests in China's Shunya Communications Group

January 11, 2008

BEIJING, Jan. 6 - Omnicom Group, the world's leading advertising and marketing services company, is taking a significant minority stake in China's Shunya Communications Group through BBDO. Shunya is one of China's leading integrated communications companies. The investment by BBDO represents a further strengthening... Read More

Mergers & Acquisition

Applied Materials to Accelerate Its Solar Roadmap with Acquisition of Baccini

January 11, 2008

Applied Materials, Inc. today announced an agreement to acquire Baccini S.p.A., a leading supplier of automated metallization and test systems for manufacturing crystalline silicon (c-Si) photovoltaic (PV) cells. This integrated equipment set addresses critical processing steps in c-Si solar cell production that... Read More

Mergers & Acquisition

Audiovox Completes Acquisition of Thomson's Consumer Electronics Audio Video Business

January 11, 2008

AUPPAUGE, N.Y., Jan. 3 -- Audiovox Corporation (NASDAQ:VOXX) announced today that on December 31, 2007, it completed its acquisition of Thomson's Consumer Electronics Audio Video Business outside of Europe, including the worldwide rights to the RCA brand for consumer electronics audio video product lines except TVs... Read More

Mergers & Acquisition

SunGard Acquires Financial Technology Integrators (FTI)

January 11, 2008

MALVERN, Pa., Jan. 7 -- SunGard (http://www.sungard.com/) today announced that it has acquired the assets of Financial Technology Integrators, LLC (FTI). FTI delivers portfolio management, pre-trade compliance, regulatory compliance, integrated performance reporting and modeling systems in a Web services... Read More

Mergers & Acquisition

CommScope Completes $2.65 Billion Acquisition of Andrew Corporation

January 11, 2008

HICKORY, N.C., Dec. 27 / -- CommScope, Inc. (NYSE:CTV) today announced that it has completed its acquisition of Andrew Corporation (NASDAQ:ANDW) for a total purchase price of approximately $2.65 billion. As of today, Andrew will become a wholly-owned subsidiary of CommScope. "We are delighted with the closing of... Read More

Mergers & Acquisition

KONE Strengthens Its Customer Base in Florida

January 10, 2008

MIAMI, January 2/ -- KONE has acquired an elevator maintenance company called Florida Coast Elevator, Inc. based in Fort Lauderdale, United States. The acquisition significantly increases KONE's maintenance base in the areas of Fort Lauderdale, Miami and Dade County. The company will be integrated to KONE's Miami... Read More

Mergers & Acquisition

Intertek Acquires Ageus Solutions

January 10, 2008

Ageus Solutions provides global environmental compliance consulting, technology services, and product stewardship to the electronics and other industries. Ageus helps clients facilitate corporate and product compliance with the myriad of global regulations related to the environment. Ageus Solutions is one of the... Read More

Mergers & Acquisition

Boston Scientific Completes Sale of Auditory Business and Drug Pump Development Prograam

January 10, 2008

Company retains ownership of Pain Management business NATICK, Mass., Jan. 4 -- Boston Scientific Corporation (NYSE:BSX) today announced that it has completed the sale of the controlling interests in its auditory business and drug pump development program to former principals and shareholders of Advanced Bionics... Read More

Mergers & Acquisition

Newmont Increases Ownership of Miramar to Approximately 93 Percent and Extends Offer for Miramar

January 10, 2008

Offer period extended to January 18, 2008 DENVER, Jan. 4 - Newmont Mining Corporation (NYSE:NEM) announced today that Newmont Mining B.C. Limited, an indirect wholly-owned subsidiary of Newmont, has taken up 189,393,986 common shares of Miramar Mining Corporation (Amex: MNG; TSX: MAE) under its offer to acquire... Read More

Mergers & Acquisition

Air Products Completes Sale of High Purity Process Chemicals to KMG Chemicals

January 10, 2008

Sale Helps Position Electronics Business to Invest in and Serve Global Business LEHIGH VALLEY, Pa., Jan. 2 -- Air Products (NYSE:APD) today said it has completed the previously announced sale of its high purity process chemicals (HPPC) business for approximately $75 million to KMG Chemicals (NASDAQ:KMGB), a... Read More

Mergers & Acquisition

Avnet, Inc. Acquires YEL Electronics Hong Kong Ltd.

January 10, 2008

Acquisition Solidifies Avnet's Position as the Largest Distributor of Interconnect, Passive and Electromechanical (IP&E) Products in Asia HONG KONG, Jan. 3 -- Avnet, Inc. (NYSE:AVT) today announced that it has acquired YEL Electronics Hong Kong Ltd. (YEL). YEL, which was established in 1992, is a leading... Read More

Mergers & Acquisition

Boston Scientific Completes Sale of Cardiac Surgery and Vascular Surgery Businesses

January 10, 2008

NATICK, Mass., Jan. 7 -- Boston Scientific Corporation (NYSE:BSX) today announced that it has completed the sale of its Cardiac Surgery and Vascular Surgery businesses to the Getinge Group of Sweden for $750 million in cash. The sale follows the definitive agreement announced on November 5, 2007. The Company... Read More

Mergers & Acquisition

Recloseable Plastic Bag Leaders Merge in 2008

January 10, 2008

Customer focus is at the heart of Minigrip consolidation effort. Seguin, TX - December 31, 2007 - On January 1, 2008, following a year of study that focused on customer needs, market offerings and resource allocation, Minigrip Industrial Packaging will consolidate the BagCo organization into the Minigrip brand... Read More

Mergers & Acquisition

Gibbs Merges into Cimatron

January 10, 2008

GIVAT SHMUEL, Israel, and MOORPARK, California, January 2/ -- Following the Merger: o Cimatron will strengthen its position as a leading international CAD/CAM Software Company with a broader product range and stronger global presence o Combined company's annual revenues are expected to exceed $40M, moving Cimatron... Read More

Mergers & Acquisition

Kontron AG Intends to Acquire Thales Computers SA

January 10, 2008

Eching near Munich, December 21, 2007. Kontron AG, one of the leading suppliers of embedded computer systems, is currently discussing with Thales and has made an offer to acquire the French Thales Computers SA. This company is 100% owned by the Thales Group. The considered acquisition would be subject to contract... Read More

Mergers & Acquisition

II-VI Incorporated Acquires Majority Interest in HIGHYAG Lasertechnologie GmbH

January 10, 2008

PITTSBURGH, Jan. 3 / -- II-VI Incorporated (NASDAQ:IIVI) announced today it has completed its acquisition of a 74.9% equity interest in HIGHYAG Lasertechnologie GmbH (HIGHYAG) in exchange for cash as previously announced in a press release dated October 2, 2007. Financial terms of the transaction were not... Read More

Mergers & Acquisition

Tyco International Announces Acquisition of Trident Tek, Inc. to Strengthen Its American Dynamics(TM) Portfolio

January 9, 2008

Video leader to offer one of industry's most intuitive network video management systems PEMBROKE, Bermuda - November 13, 2007 - Tyco International (NYSE: TYC; BSX: TYC) today announced the acquisition of assets of Trident Tek, Inc., a leading developer of video surveillance solutions to strengthen its American... Read More