Mergers & Acquisition

Mergers & Acquisition

Honeywell Reaches Agreement to Sell Automotive On-Board Sensor Products Business to Sensata Technologies

November 1, 2010

GOLDEN VALLEY, Minn., Oct. 28 -- Honeywell (NYSE: HON) announced today that it has reached a definitive agreement to sell its automotive on-board (AoB) sensor products business to Sensata Technologies (NYSE: ST), Almelo, Netherlands, for $140 million. The transaction, subject to regulatory approvals, is expected to... Read More

Mergers & Acquisition

International Components Corporation (ICC) and Nexergy Announce Merger

November 1, 2010

Merger creates the industry's largest manufacturer of rechargeable power systems CHICAGO, IL and COLUMBUS, OH, October 28, 2010: Nexergy, Inc. (www.nexergy.com) a leading designer and manufacturer of custom battery packs, and International Components Corporation (ICC, www.iccus.com), a global developer and... Read More

Mergers & Acquisition

Trimble Acquires ThingMagic RFID Technology

October 29, 2010

SUNNYVALE, Calif., Oct. 25 - Trimble (Nasdaq: TRMB) announced today it has acquired the business of ThingMagic, Inc. of Cambridge, Massachusetts. ThingMagic is a leading developer of radio frequency identification (RFID) technology and offers advanced development services to facilitate the integration of RFID into a... Read More

Mergers & Acquisition

Sundyne Acquires 100 Percent Control of the Sundyne Nikkiso Joint Venture

October 29, 2010

ARVADA, Colo., Oct. 25 -- Sundyne Corp., a Hamilton Sundstrand subsidiary, and NIKKISO CO., LTD. formally announced today that they have completed a transaction that will give Sundyne 100 percent ownership of the former Sundyne Nikkiso joint venture in Tokyo, Japan. Hamilton Sundstrand is a subsidiary of United... Read More

Mergers & Acquisition

GE Strengthens Role in China Compressor Manufacturing with SBW Group

October 29, 2010

Partners Close Strategic Deal Announced in January, Reinforcing GE's Commitment to China BEJING - 25 October 2010 - GE (NYSE: GE) today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a... Read More

Mergers & Acquisition

Quanta Services Acquires Valard Construction

October 29, 2010

Acquisition expands Canadian presence; delivers comprehensive infrastructure services to growing Canadian electric power transmission market HOUSTON, Oct. 25 - Quanta Services, Inc. (NYSE: PWR) today announced that on Oct. 22, 2010, it signed a definitive agreement to acquire Valard Construction, one of Canada's... Read More

Mergers & Acquisition

asknet Acquires New Customer Norman ASA

October 29, 2010

KARLSRUHE, Germany, October 25, 2010 o Norman Outsources its Worldwide eCommerce Activities to asknet o International Reseller Business Integrated Into eShop o Praise for Professional Shop Set-up asknet, a leading provider of global eCommerce solutions for software vendors, has acquired the Norwegian company... Read More

Mergers & Acquisition

IBM Completes Acquisition of OpenPages

October 28, 2010

ARMONK, N.Y., Oct. 21 - IBM (NYSE: IBM) today announced that it has completed its acquisition of OpenPages, a leading provider of software that helps companies more easily identify and manage risk and compliance activities across the enterprise through a single management system. IBM's approach to risk management... Read More