Mergers & Acquisition

Mergers & Acquisition

Saflink and IdentiPHI Announce Merger Agreement

September 7, 2007

Merger Expected to Strengthen Position in Enterprise Security Solutions Market by Combining Rich Technology Portfolio with Established and Growing Distribution Channels KIRKLAND, Wash., and AUSTIN, Texas, Sept. 4 -- Saflink Corporation (BULLETIN BOARD: SFLK) , a leading provider of solutions designed to verify... Read More

Mergers & Acquisition

Oracle Buys Network Intelligence and Reconciliation Leader Netsure Telecom Limited

September 7, 2007

Extends Oracle's Leadership in Communications with Network Intelligence and Optimization REDWOOD SHORES, Calif., Sept. 2 -- Oracle today announced that it has agreed to acquire Netsure Telecom Limited, a leading provider of network intelligence, analytics and network data integrity software. Netsure provides... Read More

Mergers & Acquisition

Owens Corning Completes Sale of Its Siding Solutions Business

September 7, 2007

Sale Includes Norandex/Reynolds Distribution Business TOLEDO, Ohio, Aug. 31 -- Owens Corning (NYSE:OC) has completed the sale of its Siding Solutions business to Saint-Gobain for $371 million as previously announced on July 17, 2007. The sale includes the company's Norandex/Reynolds distribution business with 153... Read More

Mergers & Acquisition

Sondex Receives Acquisition Offer from GE Energy

September 7, 2007

LONDON, September 3 -- The Board of Directors of Sondex plc (LSE: SDX), a leading supplier of downhole technology to the oil and gas industry, has received an acquisition offer from GE Energy, Sondex Chief Executive Martin Perry announced today. GE Energy's cash offer is 4.60 pounds Sterling per share ($9.27 US... Read More

Mergers & Acquisition

ASE Inc and ASE Test Enter into Agreement to Take ASE Test Private

September 7, 2007

TAIPEI, Taiwan, Sept. 4 -- Advanced Semiconductor Engineering, Inc. ("ASE Inc.") and ASE Test Limited ("ASE Test"), a majority-owned subsidiary of ASE Inc., today jointly announced that the two companies have signed the Scheme Implementation Agreement for ASE Inc. to acquire the remaining ASE Test ordinary shares... Read More

Mergers & Acquisition

Arrow International Urges Shareholders to Vote for Approval of the $45.50 Teleflex Inc. Merger and for the Current Board of Directors

September 7, 2007

Shareholder Meeting to be Held September 20, 2007 READING, Pa., Sept. 4 -- Arrow International, Inc. (NASDAQ:ARRO) today urged shareholders to vote in favor of its planned $45.50 merger with Teleflex Incorporated (NYSE:TFX) and for the reelection of the current Board of Directors at the upcoming Annual Meeting of... Read More

Mergers & Acquisition

Omnicom Acquires Leading Healthcare Marketing Communications Firm in China

September 7, 2007

Acquisition of Consultech Strengthens Omnicom's Presence in China's Growing Healthcare Market BEIJING, Sept. 3 /-- Omnicom Group Inc. ("Omnicom") (NYSE:OMC), the leading global advertising and marketing services group, has acquired, through its Diversified Agency Services division ("DAS"), a majority ownership... Read More

Mergers & Acquisition

BAXL Technologies Raises $8.5 Million in Concurrent Reverse Merger and Private Equity Offering

September 6, 2007

BETHEL, Conn., Sept. 4 -- BAXL Technologies, Inc. ("BAXL"), a privately held technology solutions company that enables the transmission of voice, data and video over existing wiring, announced that it has successfully completed a reverse merger transaction whereby BAXL became a wholly-owned subsidiary of Allmarine... Read More

Mergers & Acquisition

Elecsys Corporation Announces Acquisition of Radix International Corporation

September 6, 2007

OLATHE, Kan., Sept. 4 -- Elecsys Corporation (AMEX:ASY) announced today that it has entered into an Asset Purchase Agreement to acquire substantially all of the assets, including the product lines and intellectual property, and assume certain liabilities of Radix International Corporation and its subsidiary of Salt... Read More

Mergers & Acquisition

GE Energy Announces a Recommended Cash Offer to Acquire Sondex, a Leading Oilfield Technology Company

September 6, 2007

LONDON, UK-September 4, 2007-GE Energy announced a recommended cash offer of ₤289 million to acquire Sondex plc, a company listed on the London Stock Exchange, to further expand its capability and expertise in oil & gas production technologies. Sondex is headquartered in Hampshire in the UK and specializes in the... Read More

Mergers & Acquisition

Curtiss-Wright Acquires IMC Magnetics Corporation

September 5, 2007

Expands Leadership in Commercial Aerospace Controls ROSELAND, N.J., Sept. 4 -- Curtiss-Wright Corporation (NYSE: CW) announced today that it has acquired the stock of IMC Magnetics Corporation for approximately $37.5 million in cash. IMC produces solenoids, fans, motors and specialized products for numerous... Read More

Mergers & Acquisition

Agilent Technologies Completes Acquisition of Adaptif Photonics

September 5, 2007

Agilent Technologies Inc. (NYSE: A) today announced it has completed the acquisition of Adaptif Photonics GmbH. Adaptif brings to Agilent key technology and products used for advanced polarization analysis and control for the test of optical components and systems in telecommunications, as well as in the sensors and... Read More

Mergers & Acquisition

Rockford Process Control to Acquire Terry Hinge & Hardware

September 5, 2007

Patrick T. Derry, President and CEO of Rockford Process Control, a leader in the manufacturing of casework hardware for the wood-working and cabinet industry has announced the purchase of the assets of Terry Hinge and Hardware of Van Nuys, CA effective September 1st, 2007. The two successful names in the industry... Read More

Mergers & Acquisition

SCHUNK Announces the Acquisition of GEMOTEC

September 5, 2007

SCHUNK is expanding its extensive Automation Component line with the acquisition of Gemotec Montagetechnik GmbH. Gemotec manufacturers a complete product range of modular assembly technology, consisting of pneumatically and electrically operated linear units, gripper modules and rotary actuators. The Gemotec... Read More

Mergers & Acquisition

Launch of SABIC Innovative Plastics Expands SABIC's Global Presence

September 5, 2007

August 31, 2007 - New York, NY - Saudi Basic Industries Corporation (SABIC) today announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud. The former GE unit... Read More

Mergers & Acquisition

Autoweb Acquires European-Based Secorex

September 5, 2007

September 4, 2007 ROCHESTER HILLS, Mich. - Autoweb, a leading provider of software-based data management and interoperability solutions for the automotive, aerospace and manufacturing industries, has acquired Secorex, a consortium of four leading European software providers for the electronic exchange of technical... Read More

Mergers & Acquisition

Lubrizol to Purchase Croda's Refrigeration Lubricants Business

September 5, 2007

CLEVELAND, OH, September 3, 2007 - The Lubrizol Corporation (NYSE: LZ) and Croda International Plc have reached an agreement for Lubrizol to purchase Croda's refrigeration lubricants business. This business had revenues of approximately $84 million over the last twelve months. The acquisition includes Croda's... Read More

Mergers & Acquisition

Aetna to Acquire Goodhealth Worldwide

September 5, 2007

HARTFORD, Connecticut, September 4 Acquisition Broadens Aetna Global Benefits' Expatriate Offerings; Expands Global Capabilities and International Presence Aetna (NYSE: AET) today announced that it has entered into an agreement to acquire Goodhealth Worldwide, a leading managing general underwriter... Read More

Mergers & Acquisition

Edwards Announces Sale of Kachina Division to Applied Materials

September 4, 2007

Wilmington, Mass., Aug 28 - BOC Edwards, Inc. has signed a definitive agreement under which Edwards will divest the majority of its parts cleaning and chamber process kit management division, Kachina, to Applied Materials, Inc. (Nasdaq: AMAT) subject to a number of closing conditions. Applied Materials will acquire... Read More

Mergers & Acquisition

Microsoft to Acquire Parlano

September 4, 2007

Microsoft strengthens unified communications portfolio with leading enterprise group chat provider. REDMOND, Wash., Aug. 29 / -- Today, Microsoft Corp. announced it has agreed to acquire Chicago-based Parlano, maker of MindAlign, a leading application for enterprise group chat. Microsoft expects to add Parlano's... Read More