Mergers & Acquisition

Mergers & Acquisition

Stratos Obtains Lender Approval Relating to CIP Canada Acquisition

May 23, 2007

BETHESDA, MD, May 15 / -- Stratos Global Corporation ("Stratos" or the "Corporation") today announced that, in connection with its pending transaction with CIP Canada Investment Inc. ("CIP Canada"), the Corporation has received lender approval for a waiver of the change of control and a related ancillary amendment... Read More

Mergers & Acquisition

Linear Enters Definitive Merger Agreement with International Electronics at $6.65 Per Share

May 23, 2007

PROVIDENCE, R.I., May 15: Linear LLC ("Linear"), a wholly-owned subsidiary of Nortek, Inc. ("Nortek"), today announced that it has signed a definitive merger agreement to acquire International Electronics, Inc. ("IEI") (BULLETIN BOARD: IEIB.OB) . Under the terms of the agreement, which has been unanimously... Read More

Mergers & Acquisition

InfoLogix, Inc. Acquires Proprietary Web Services Based Software Development Technology to Build Custom Mobile End-User Applications

May 23, 2007

Company Continues to Expand Intellectual Property Portfolio, Adding to Existing Lineup of On-Demand Software Assets HATBORO, Pa., May 7 / -- InfoLogix, Inc., a leading provider of mobile intelligence solutions, announced today it has acquired proprietary software development technology that will enable the company... Read More

Mergers & Acquisition

InfoLogix, Inc. Acquires Healthcare Mobility Services and RFID Business from AMTSystems, Inc.

May 23, 2007

With Second Acquisition in Past 30 Days, Company Furthers Position as Leading Mobile Intelligence Solutions Provider for the Digital Hospital of Tomorrow HATBORO, Pa., May 10 / -- InfoLogix, Inc., a leading provider of mobile intelligence solutions to over 1,100 hospitals in North America, announced today it has... Read More

Mergers & Acquisition

Verizon Business to Acquire Information Security Services Leader Cybertrust

May 23, 2007

BASKING RIDGE, N.J., May 14: Verizon Business today announced a definitive agreement under which it will acquire Cybertrust, a privately held provider of global information security services. Financial terms were not disclosed. The combination will make Verizon Business the leading provider of managed information... Read More

Mergers & Acquisition

HOERBIGER Canada Ltd. Acquires N.E.W. Machining Ltd.

May 23, 2007

Expanded service to compressor operators in British Columbia and Northern Alberta Fort St. John, B.C., December 14, 2006 - Effective December 1, 2006, HOERBIGER (Canada) Ltd. has acquired N.E.W. Machining Ltd.. Under the agreement, N.E.W. Machining is now a division of HOERBIGER (Canada) Ltd.. With this step... Read More

Mergers & Acquisition

HOERBIGER Closes Flowrepairs Acquisition In Ecuador

May 23, 2007

POMPANO BEACH, FL, March 30, 2007 - HOERBIGER Compression Technology America Holding, Inc. (HOERBIGER AMH) today announced the acquisition of Flowrepairs S.A. in Quito, Ecuador for an undisclosed amount. The company will now operate under the name HOERBIGER de Ecuador S.A. and will be managed by Mr. Juan Carlos... Read More

Mergers & Acquisition

Imation to Acquire Assets of Memcorp Inc. for Approximately $60 Million in Cash and Notes

May 23, 2007

Acquisition of consumer electronics marketing and distribution business strengthens Memorex-brand product portfolio; Leverages global distribution and retail presence; Financially accretive transaction expected to contribute approximately $200 million in revenue and an estimated $10 to $12 million in annual... Read More

Mergers & Acquisition

RR Donnelley and Visant Corporation Announce That Previously Announced Acquisition of Von Hoffmann is Expected to Close in Mid May

May 22, 2007

CHICAGO and ARMONK, N.Y., May 7 -- R.R. Donnelley & Sons Company (NYSE:RRD) and Visant Corporation jointly announced today that the Federal Trade Commission has completed its investigation pursuant to its Request for Additional Information under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended... Read More

Mergers & Acquisition

Superior Essex Announces Agreement to Purchase Invex European Magnet Wire Operations

May 22, 2007

ATLANTA, May 2 -- Superior Essex Inc. (NASDAQ:SPSX), one of the largest wire and cable manufacturers in the world, today announced a definitive agreement to acquire all of the outstanding common stock of Invex S.p.A. Invex, a leading magnet wire producer in Europe, is majority owned by an Italian private equity... Read More

Mergers & Acquisition

Mylan Laboratories to Acquire Generics Business of Merck KGaA

May 22, 2007

o Combination Creates a World Class Global Generics Leader - o Significant Scale and Breadth Will Drive Major Operating Efficiencies - o Highly Complementary Transaction Further Strengthens Mylan's Product Portfolio - o Accelerates Mylan's Revenue and Earnings Growth - o Anticipated to be Cash EPS(1) Neutral in... Read More

Mergers & Acquisition

JDSU Acquires Innocor; Expands Product Portfolio for Network Equipment Manufacturers

May 22, 2007

MILPITAS, Calif., May 10 / -- JDSU today announced an agreement to purchase Ottawa, Canada-based Innocor, a leading provider of broadband test solutions for network equipment manufacturers. Innocor's products complement JDSU's existing Lab and Production test solutions and will be integrated with JDSU's... Read More

Mergers & Acquisition

Quantum Signs Binding Letter of Intent to Acquire Stake in a German Solar Company

May 22, 2007

IRVINE, Calif., May 14: Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW) today announced that it has signed a binding letter of intent to acquire a 24.9 percent equity stake in a German solar energy technology company that develops and manufactures high-efficiency photovoltaic modules for a number of... Read More

Mergers & Acquisition

Kennametal Completes Acquisition of Remaining Ownership Interest in Spanish Affiliate KENCI, S.A.

May 22, 2007

LATROBE, Pa., May 14: Kennametal Inc. (NYSE:KMT) announced today that it has completed the previously announced acquisition of the remaining ownership interest in its Spanish affiliate, KENCI, S.A. As Kennametal's sales and service affiliate in Spain and Portugal for over 20 years, KENCI has consistently delivered... Read More

Mergers & Acquisition

Global Crossing Completes Acquisition of Impsat

May 22, 2007

o Impsat adds extensive IP-based intercity network, 15 metropolitan networks and 15 advanced hosting centers to Global Crossing's growing Latin American operations. o Jose Antonio Rios appointed chairman of Global Crossing Latin America. o Hector Alonso named managing director. FLORHAM PARK, N.J. and BUENOS AIRES... Read More

Mergers & Acquisition

Fusion Completes Sale of its Equity Interest in Indian Joint Venture

May 22, 2007

NEW YORK, May 15 -- Fusion (AMEX:FSN), Fusion Telecommunications International, Inc. today announced that it has completed the sale of its 49% equity share of Estel Communications Pvt., LTD, an Internet service provider in India. Estel, which began operations in 2000, was purchased by an Indian communications... Read More

Mergers & Acquisition

Garmin® Signs Letter of Intent to Acquire German Distributor

May 22, 2007

CAYMAN ISLANDS, May 8 -- Garmin Ltd. (NASDAQ:GRMN) announced today that it has signed a letter of intent for the proposed acquisition of GPS Gesellschaft fur Professionelle Satellitennavigation mbH ("GPS GmbH"), the exclusive distributor of Garmin's consumer products in Germany. The completion of the acquisition is... Read More

Mergers & Acquisition

Exar Corporation and Sipex Corporation Sign Definitive Merger Agreement

May 22, 2007

o Merger Creates a Leader in Integrated Mixed Signal System Solutions o Expands Growth Opportunities in the Communications, Consumer and Industrial Markets o Increases Scale and Resource Optimization for Cost Synergies o Provides Platform for Consolidation in the High Margin, Analog and Mixed-Signal Product... Read More

Mergers & Acquisition

Firth Rixson Acquires Future Tech

May 22, 2007

SHEFFIELD, England and EAST HARTFORD, Conn., May 11 -- Firth Rixson, the major provider of highly engineered forged, cast and other specialty metal products, today announced that it has acquired Future Tech, a southern California based business specializing in the machining of ultra large aerospace... Read More

Mergers & Acquisition

KEANE Shareholders Approve Merger Agreement with Caritor

May 22, 2007

Shareholder Vote Signals Strong Support for Acquisition BOSTON, May 15: Keane, Inc., (NYSE:KEA), a leading business process and IT services firm, announced that at a special meeting of shareholders today Keane shareholders voted to adopt the merger agreement pursuant to which Caritor, Inc., a global provider of IT... Read More