Mergers & Acquisition

Mergers & Acquisition

Wilson Tool Announces Acquisition of Exacta Precision and Exacta Fabtool

November 4, 2010

The merger will result in enhanced product offerings, expanded manufacturing capabilities and even more robust customer service. WHITE BEAR LAKE, MINN. (November 3, 2010) - Wilson Tool International today announced that it has acquired Exacta Precision and Exacta FabTool of Toronto, Canada. Like Wilson Tool... Read More

Mergers & Acquisition

Global Crossing Acquires Genesis Networks

November 4, 2010

Strategic acquisition adds innovative video solutions in broadcast, media, special event and entertainment customer segments FLORHAM PARK, N.J., Nov. 1, 2010 -- Global Crossing (Nasdaq: GLBC), a leading IP solutions provider with the world's first integrated global IP-based network, today announced that it has... Read More

Mergers & Acquisition

Lufkin Industries Announces Acquisition of Petro Hydraulic Lift Systems

November 4, 2010

LUFKIN, Texas,Nov. 1, 2010 - Lufkin Industries, Inc. (Nasdaq: LUFK) today announced that it has acquired the operating assets of Petro Hydraulic Lift Systems, LLC (PHL) and certain related companies. PHL, based in South Louisiana, specializes in the design, manufacture and leasing of hydraulic rod pumping units for... Read More

Mergers & Acquisition

IBM Closes Acquisition of BLADE Network Technologies

November 4, 2010

ARMONK, N.Y., Oct. 29 - IBM (NYSE: IBM) today announced it has closed the acquisition of BLADE Network Technologies (BLADE), a privately held company based in Santa Clara, CA. Financial details were not disclosed. The companies announced on September 27, 2010 a definitive agreement to pursue the acquisition. BLADE... Read More

Mergers & Acquisition

Webroot Acquires Prevx

November 4, 2010

Two Cloud Security Leaders Join Forces to Transform How Security is Delivered BOULDER, Colo., Nov. 1, 2010 - Webroot, the first Internet security service company, today announced it has acquired Prevx, provider of the world's most scalable and effective cloud-based anti-malware solutions. Webroot will integrate... Read More

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