Mergers & Acquisition

Mergers & Acquisition

Cooper Announces Tender Offer for MTL Instruments Group plc

December 20, 2007

HOUSTON, Dec. 19, 2007 - Cooper Industries, Ltd. (NYSE:CBE) today announced that its subsidiary, Cooper Controls (U.K.) Limited, made a binding offer for all outstanding shares of MTL Instruments Group plc ("MTL"), a publicly traded company (LSE:MTI) based in the United Kingdom. MTL is a world leader in the... Read More

Mergers & Acquisition

Rudolph Technologies Acquires Semiconductor Business of Applied Precision, LLC

December 20, 2007

Flanders, NJ, (December 18, 2007) - Rudolph Technologies, Inc. (NASDAQ: RTEC), a leading provider of process characterization equipment and software for thin film measurement and macro defect inspection, announced today that it has signed an agreement to acquire the net assets of the semiconductor business of... Read More

Mergers & Acquisition

Level 3 Signs Agreement to Sell Advertising Distribution Business for $129 Million

December 20, 2007

BROOMFIELD, Colo., Dec. 19 -- Level 3 Communications, Inc. (NASDAQ:LVLT) today announced that it has signed a definitive agreement to sell the advertising distribution business of Vyvx LLC to DG FastChannel, Inc. Vyvx, LLC is a wholly owned subsidiary of Level 3 Communications, LLC. Under the terms of the... Read More

Mergers & Acquisition

Volcano Announces Closing of CardioSpectra Acquisition

December 20, 2007

SAN DIEGO, Dec. 18 - Volcano Corporation (NASDAQ:VOLC), a provider of intravascular ultrasound (IVUS) and functional measurement (FM) products designed to enhance the diagnosis and treatment of vascular and structural heart disease, announced today that it has completed its previously announced acquisition of... Read More

Mergers & Acquisition

Southern DataComm Acquires eN-Concert

December 20, 2007

LARGO, Fla., Nov. 15 -- Southern DataComm (SDC), Inc. today announced the completion of its acquisition of eN-Concert, a suite of solutions from Ingenico, Inc., a leading global provider of secure transaction and payment solutions. The acquisition represents a strategic move by SDC into the tier-one, multi-lane... Read More

Mergers & Acquisition

Natural Resource Partners L.P. Acquires Metallurgical Coal Reserves from Bluestone Coal

December 19, 2007

HOUSTON, Dec. 17 / -- Natural Resource Partners L.P. (NYSE:NRP) today announced that it has acquired approximately 17.5 million tons of high quality low-vol metallurgical coal reserves in Wyoming and McDowell Counties in West Virginia for total consideration of $27.2 million. NRP borrowed $16 million under its... Read More

Mergers & Acquisition

Avista Capital Partners Agrees to Acquire Bristol-Myers Squibb Medical Imaging for Approximately $525 Million

December 19, 2007

NEW YORK, Dec. 17 -- Bristol-Myers Squibb Company (NYSE:BMY) and Avista Capital Partners, a leading private equity firm, announced today the parties have signed a definitive agreement for Avista to acquire Bristol-Myers Squibb Medical Imaging ("BMS MI"), a business unit of Bristol-Myers Squibb, for approximately... Read More

Mergers & Acquisition

Qualcomm Announces Acquisition of SoftMax

December 19, 2007

SoftMax Adds Audio and Voice Enhancement Technologies to Qualcomm's Products for Consumer and Wireless Devices SAN DIEGO, Dec. 17 -- Qualcomm Incorporated (NASDAQ:QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, today announced that it has acquired San Diego-based... Read More

Mergers & Acquisition

Schuler AG Acquires Muller Weingarten AG, Creates World Market Leader in Metalforming Technology

December 19, 2007

CANTON, Mich., Dec. 17 -- Schuler Incorporated, the North American business unit of global press builder Schuler AG, announced today the completion of a legal takeover process by which its parent company Schuler AG has acquired Muller Weingarten AG. The legal process was completed on September 21, 2007, and the... Read More

Mergers & Acquisition

Smalley Steel Ring Company Purchases Spirolox

December 19, 2007

LAKE ZURICH, Ill., Dec. 17 -- Smalley Steel Ring Company, the industry leader in spiral retaining rings, snap rings, and wave springs, announced today the purchase of Spirolox, Inc. from the Kaydon Corporation (NYSE:KDN). "We are looking forward to providing Spirolox customers with world-class industrial products... Read More

Mergers & Acquisition

EMCORE to Acquire Telecom Assets of Intel's Optical Platform Division

December 19, 2007

SANTA CLARA, Calif. and ALBUQUERQUE, N.M., Dec. 18 -- EMCORE (NASDAQ:EMKR) Corporation and Intel Corporation today announced a definitive agreement for EMCORE to acquire the telecom-related portion of Intel's Optical Platform Division for $85 million. The telecom assets to be acquired include intellectual property... Read More

Mergers & Acquisition

Symmetry Medical to Acquire DePuy Orthopedic Instrument Facility

December 19, 2007

Additional Agreement with Four-Year Order Volume Commitment WARSAW, Ind., Dec. 17 -- Symmetry Medical Inc. (NYSE:SMA), an independent provider of products to the global orthopedic device industry and other medical markets, announced today that it has signed a definitive agreement to purchase an orthopedic... Read More

Mergers & Acquisition

Applied Industrial Technologies Acquires VYCMEX S.A. de C.V. of Mexico

December 18, 2007

CLEVELAND, Dec. 17 -- Applied Industrial Technologies (NYSE:AIT) today announced the acquisition of VYCMEX S.A. de C.V. and its group of companies. VYCMEX, headquartered in Monterrey, is Mexico's largest independent fluid power distributor with over 70 employees. VYCMEX operates 5 service centers in Monterrey... Read More

Mergers & Acquisition

Zebra Technologies Completes Navis Acquisition

December 18, 2007

VERNON HILLS, Ill., Dec. 17 -- Zebra Technologies Corporation (NASDAQ:ZBRA) today announced that it has completed the acquisition of Navis Holdings, LLC., a global solutions provider for managing logistics, assets, inventories and cargo flows across the supply chain. As previously announced on October 15, 2007... Read More

Mergers & Acquisition

ON Semiconductor to Acquire AMIS Holdings, Inc. in an All-Stock Transaction Valued at Approximately $915 Million

December 18, 2007

o Combined company has cumulative last twelve months revenues of more than $2 billion and EBITDA of more than $500 million o ON Semiconductor also announces a 20 million share increase to its stock repurchase program o Transaction expected to result in significant cost savings o Acquisition enhances ON... Read More

Mergers & Acquisition

NewPage and Stora Enso Clear Hart-Scott-Rodino Waiting Period

December 17, 2007

Miamisburg, Ohio. - November 26, 2007 - NewPage Corporation announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with its previously announced acquisition of the North American operations of Stora Enso Oyj (NYSE: SEO) has expired. Expiration of the... Read More

Mergers & Acquisition

SunPower Signs Agreement to Acquire Italian Systems Integrator

December 17, 2007

Solar Solutions to Serve as Platform for Expansion into Italian Market SAN JOSE, Calif., Dec. 13 -- SunPower Corporation (NASDAQ:SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a definitive agreement to acquire Solar... Read More

Mergers & Acquisition

National Technical Systems, Inc., Acquires United States Test Laboratory

December 17, 2007

Calabasas, CA - December 11, 2007 -National Technical Systems Inc. (NASDAQ: NTSC) (NTS), a leading provider of engineering services, announced today the acquisition of United States Test Laboratory, LLC (USTL) located in Wichita, Kansas, a leading provider of testing of soft body armor, helmet, Firearm Safety... Read More

Mergers & Acquisition

Spansion Inc. and Saifun Semiconductors Announce Amendment to Merger Agreement

December 17, 2007

Cash Distribution Increased to $6.05 Per Share SUNNYVALE, Calif., Dec. 13 -- Spansion Inc. (NASDAQ:SPSN), the world's largest pure-play provider of Flash memory solutions, and Saifun Semiconductors Ltd. (NASDAQ:SFUN), a provider of intellectual property solutions for the non-volatile memory (NVM) market, today... Read More

Mergers & Acquisition

NAVTEQ Announces Approval of Merger Agreement with Nokia

December 17, 2007

CHICAGO, Dec. 12 -- NAVTEQ Corporation (NYSE:NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, announced that its stockholders have approved the previously announced merger agreement entered into with Nokia at the special meeting of stockholders held earlier... Read More