Mergers & Acquisition

Mergers & Acquisition

Ashland Inc. to Sell Its Distribution Business to TPG Capital

November 12, 2010

COVINGTON, Ky., Nov. 8, 2010 - Ashland Inc. (NYSE: ASH) today announced it has signed a definitive agreement to sell its global distribution business, known for many years as Ashland Distribution, to TPG Capital for $930 million. Commenting on the transaction, Chairman and Chief Executive Officer James J. O'Brien... Read More

Mergers & Acquisition

Tyco International Agrees to Sell Majority Interest in Electrical and Metal Products Business to Clayton Dubilier & Rice

November 12, 2010

SCHAFFHAUSEN, Switzerland, Nov. 9, 2010 - Tyco International Ltd. (NYSE: TYC) today announced that it has entered into an agreement to sell a 51% stake in its Electrical and Metal Products business to the private equity firm Clayton Dubilier & Rice, LLC (CD&R). Tyco will receive total cash proceeds of approximately... Read More

Mergers & Acquisition

Xyratex Acquires ClusterStor, Lustre File System Expertise

November 12, 2010

Peter Braam and Peter Bojanic, two of the original Lustre architects, have joined Xyratex to lead a world class Lustre development team, enabling Xyratex's OEM partners to leverage Lustre in their next generation of High Performance Computing (HPC) technologies. HAVANT, England, Nov. 9, 2010 - Xyratex Ltd (Nasdaq... Read More

Mergers & Acquisition

Raytheon Expands Cybersecurity Portfolio with Acquisition of Trusted Computer Solutions

November 11, 2010

WALTHAM, Mass., Nov. 4, 2010 - Raytheon Company (NYSE: RTN) has acquired Trusted Computer Solutions (TCS),a privately held company that delivers a comprehensive portfolio of cross-domain, operating system and network security solutions. The acquisition is the seventh transaction related to the cybersecurity market... Read More

Mergers & Acquisition

iControl and uControl Announce Merger Agreement

November 11, 2010

Creates Market Leader and Advances Broadband Home Management Industry PALO ALTO, Calif., Nov. 4, 2010 - iControl Networks and uControl today announced that the companies have entered into a definitive merger agreement. The merger combines the two market leaders in broadband home management, and promises to deliver... Read More

Mergers & Acquisition

GTEC to Acquire Signature Government Solutions, LLC

November 11, 2010

Adds Intelligence Community customer depth and comprehensive capabilities in mission-systems IT, Cyber Security and Intelligence Analysis GTEC secures commitments for new $100 million revolving credit facility MCLEAN, Va., Nov. 4, 2010 - Global Defense Technology & Systems, Inc. (Nasdaq: GTEC), a provider of... Read More

Mergers & Acquisition

Signature Consultants, LLC, Has Agreed to Sell Its Signature Government Solutions Unit to GLOBAL DEFENSE TECHNOLOGY & SYSTEMS, INC. (GTEC)

November 11, 2010

FT. LAUDERDALE, Fla., Nov. 5, 2010 -- Headquartered in Herndon, VA, Signature Government Solutions, LLC is a leading provider of sophisticated information technology and intelligence analysis services to support mission critical US Intelligence Community programs. Signature Government Solutions was established in... Read More

Mergers & Acquisition

Creaform Acquires Engineering Services Company Genicad

November 11, 2010

Lévis, November 10, 2010 - Creaform, a world-class technology company offering 3D engineering services and innovative 3D scanners, announced today the acquisition of Genicad, a leading Québec City company specializing in engineering, digital and mechanical design, project management and technical drawing. The... Read More