Mergers & Acquisition

Mergers & Acquisition

Austin Hardware & Supply, Inc. Acquires Fastener Supplier JPC Specialties

July 3, 2007

Austin Hardware and Supply, Inc. has announced the acquisition of JPC Specialties, a leading supplier of standard and specialty fasteners located in Philadelphia, Pennsylvania. The acquired firm will continue operations from its Philadelphia location under the name JPC Fasteners, an Austin Hardware Company. The... Read More

Mergers & Acquisition

Sopheon Announces Agreement to Acquire Alignent Software

July 3, 2007

Transaction Will Broaden Company's Leadership as Provider of Strategic Business Solutions for Product Life Cycle Management and Accelerate Expansion into Aerospace, Defense and High-Tech Markets MINNEAPOLIS and LONDON-June 11, 2007-Sopheon, the international software and services company, announced today that it... Read More

Mergers & Acquisition

Motorola Completes Acquisition Of Modulus Video

July 3, 2007

SCHAUMBURG, Ill. and SUNNYVALE, Calif., July 2 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) announced it has completed its acquisition of Modulus Video, Inc., a privately-held company. The terms of the transaction were not disclosed. Modulus Video is a leader and innovator in MPEG-4 Advanced Video... Read More

Mergers & Acquisition

Virtual PBX Acquires Open Communication Systems

July 2, 2007

Maker of Radio Handi Brings Conferencing and Group Communications to Leader in Hosted Phone Services SAN JOSE, Calif., June 21 -- Virtual PBX(TM), (http://www.virtualpbx.com/), inventor and leading supplier of hosted PBX services, has acquired Open Communication Systems (OCS), a developer of next-generation... Read More

Mergers & Acquisition

Wells Fargo to Acquire CIT's Construction Unit

July 2, 2007

SAN FRANCISCO and NEW YORK, June 21 -- Wells Fargo & Company (NYSE:WFC) and CIT Group Inc. (NYSE:CIT) today signed a purchase agreement for Wells Fargo to acquire CIT Construction, the U.S. construction lending business unit of CIT. CIT Construction had $2.4 billion in assets and 235 employees as of March 31... Read More

Mergers & Acquisition

ISS And Glass Lewis Recommend Terayon Stockholders Vote 'For' Proposed Merger

July 2, 2007

SANTA CLARA, Calif., June 25 // -- Terayon Communication Systems, Inc. (Pink Sheets: TERN.PK) (Terayon or the Company) announced today that Institutional Shareholder Services (ISS) and Glass, Lewis & Co. (Glass Lewis), two leading independent proxy advisory firms, recommend that Terayon stockholders vote "FOR" the... Read More

Mergers & Acquisition

American Torch Tip Buys Precision Products

July 2, 2007

The American Torch Tip Company announced today that it has purchased the Precision Products Company of Canaan, New Hampshire as of May, 2007 Precision Products specializes in manufacturing plasma torches and consumables used primarily in the metal fabricating industry. The acquisition will give American Torch Tip... Read More

Mergers & Acquisition

Delco Sales Acquires Benisek Sales, Strengthens Sloan Valve Company's Presence in Key Markets

July 2, 2007

FRANKLIN PARK, IL - Sloan Valve Company has announced that effective June 1, 2007, Benisek Sales has been acquired, in total, by Delco Sales, combining the organizations to serve the burgeoning Southern California marketplace. The Sales and Service team from the Benisek organization will remain in place aided by the... Read More

Mergers & Acquisition

EMS Group Acquires Clear Lake Based, EFSI

July 2, 2007

Houston, TX, June 18, 2007 - Energy Maintenance Services Group I, LLC (EMS Group); recognized as one of the largest providers of pipeline operations & maintenance in the United States, announced the successful acquisition of Energy Facility Services, Inc. ("EFSI"), a leak detection, mechanical repair and... Read More

Mergers & Acquisition

Colonial Tool Group Inc. Purchases Advanced Cutting Tool Systems, Inc.

July 2, 2007

Windsor, Ontario-based Colonial Tool Group Inc. has purchased the business of Advance Cutting Tool Systems, Inc., also located in Windsor, Ontario. The announcement is being made by Paul Thrasher and Brett Froats, two of the principal partners at Colonial Tool Group, 1691 Walker Road, Windsor, Ontario, Canada... Read More

Mergers & Acquisition

SiRF Technology to Acquire Centrality Communications to Strengthen Its Multifunction Location Platform Strategy

July 2, 2007

Navigation and Multimedia SoCs broaden SiRF's Multifunction Offerings SAN JOSE, Calif., June 21 -- SiRF Technology Holdings, Inc. (NASDAQ:SIRF), a leading provider of GPS-enabled silicon and premium software location platforms, today announced that it has signed a definitive agreement to acquire Centrality... Read More

Mergers & Acquisition

Intertek Acquires ASTA BEAB Certification Services

July 2, 2007

Provides manufacturers with increased testing and certification efficiencies and faster market access Intertek (LSE: ITRK), a global leader in testing, inspection and certification, today announces its acquisition of ASTA BEAB Certification Services. With more than 65 years of experience, the UK-based ASTA BEAB... Read More

Mergers & Acquisition

ITW Performance Polymers Acquires M&C Specialties

July 2, 2007

DANVERS, MA - ITW Performance Polymers, an Illinois Tool Works company, has acquired M&C Specialties Co., a Pennsylvania-based contract manufacturer of custom-fabricated die-cut adhesive components, tapes, and labels to markets around the world. M&C Specialties also sells adhesive subassemblies, foils, and double... Read More

Mergers & Acquisition

Aspen Technology Announces Acquisition of Australian Channel Partner

July 2, 2007

Acquisition of Plant Solutions PTY LTD Australian Channel Partner Strengthens Presence in Asia Pacific Region CAMBRIDGE, Mass. - June 7, 2007 - Aspen Technology, Inc. (Nasdaq: AZPN), a leading provider of software and services to the process industries, today announced its acquisition of Plant Solutions Pty, Ltd... Read More

Mergers & Acquisition

SRA International, Inc. to Acquire Constella Group, LLC

June 29, 2007

FAIRFAX, Va., June 20 /-- SRA International, Inc. (NYSE:SRX), a leading provider of technology and strategic consulting services and solutions to federal government organizations, today announced the signing of a definitive agreement to acquire Constella Group, LLC, a privately-held provider of global health... Read More

Mergers & Acquisition

Moldflow Corporation Announces Agreement to Sell Moldflow Manufacturing Solutions Division to Husky Injection Molding Systems Ltd

June 29, 2007

FRAMINGHAM, Mass.--June 25, 2007--Moldflow Corporation (NASDAQ: MFLO), today announced that it has signed an asset purchase agreement pursuant to which it will sell substantially all of the assets related to its Manufacturing Solutions division to Husky Injection Molding Systems Ltd. (TSX: HKY) located in Bolton... Read More

Mergers & Acquisition

LVI Services Acquires Mazzocchi Wrecking, East Coast Demolition Specialty Company

June 29, 2007

NEW YORK, June 19 / -- LVI Services Inc., the nation's largest environmental remediation and facility services firm with more than 30 offices across the country, announced today that it has acquired the business of Mazzocchi Wrecking, Inc., a demolition and wrecking company serving the northeastern United States... Read More

Mergers & Acquisition

Errata Press Release from Autodesk

June 28, 2007

SAN RAFAEL, Calif., June 20 /-- On Monday, June 18, Autodesk, Inc. (NASDAQ:ADSK) issued a press release detailing its intention to acquire Sweden-based Opticore. The business outlook section of the release should have read: This transaction is expected to have no impact on targeted GAAP or non-GAAP EPS for fiscal... Read More

Mergers & Acquisition

Wacom Acquires TouchKO to Expand Human Interface Solutions

June 28, 2007

VANCOUVER, Wash., June 20 -- Wacom® Company Ltd., the leading manufacturer of digital pen input devices, recently announced its acquisition of Touchscreen Konnection Oasis, Inc. (TouchKO), an Austin, Texas based company specializing in touch input. The acquisition expands Wacom's human interface technology portfolio... Read More

Mergers & Acquisition

Intercim and Pertinence Announce Business Merger

June 27, 2007

EAGAN, Minn., June 20 -- Intercim, Inc. announced today that it has signed a definitive agreement to merge with Pertinence S.A., of Paris, France and Boston. The combined company, Intercim, LLC, will offer the industry's most complete enterprise execution solution comprising Intercim's manufacturing execution... Read More