Mergers & Acquisition

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

Mergers & Acquisition

Motorola to Acquire Modulus Video

May 22, 2007

SCHAUMBURG, Ill. and SUNNYVALE, Calif., May 17 /PRNewswire-FirstCall/ -- Motorola, Inc. (NYSE: MOT) and Modulus Video, Inc., a privately-held company, announced the signing of a definitive merger agreement, under which Motorola will acquire Modulus Video. The terms of the transaction were not disclosed... Read More

Mergers & Acquisition

Dimension Data Increases Shareholding in Brazil Operation

May 22, 2007

NEW YORK, May 2: Dimension Data, a $3.1 billion global IT solutions and services provider, today announced it had acquired an additional 40.1% interest in Datacraft Americas Holdings Limited (DCAH), the 100% holding company of Datacraft do Brazil Ltda, for an undisclosed amount. This brings the Dimension Data... Read More

Mergers & Acquisition

Biosite Receives Revised Offer from Inverness Medical Regarding Possible Cash Tender Offer

May 21, 2007

SAN DIEGO, May 10 -- Biosite Incorporated (NASDAQ:BSTE) today announced that it has received a letter from Inverness Medical Innovations, Inc. (AMEX:IMA) contemplating an offer by Inverness to purchase, by way of a cash tender offer, 100% of the outstanding shares of common stock of Biosite not already owned by... Read More

Mergers & Acquisition

Plug Power Announces Acquisition of General Hydrogen

May 21, 2007

LATHAM, N.Y.; RICHMOND, British Columbia, May 7: Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable on-site energy products, today announced the acquisition of General Hydrogen Corporation, a leader in the development and commercialization of fuel cell power units that provide motive power for... Read More

Mergers & Acquisition

Biosite Determines That Revised Binding Offer from Inverness Constitutes a 'Superior Proposal'

May 21, 2007

SAN DIEGO, May 14: Biosite Incorporated (NASDAQ:BSTE) today announced that its Board of Directors has received a revised binding offer from Inverness Medical Innovations, Inc. (AMEX:IMA) to acquire, by way of a cash tender offer, 100% of the outstanding shares of common stock of Biosite not already owned by... Read More

Mergers & Acquisition

Beckman Coulter Advises It Will Not Increase Its Offer to Acquire Biosite Beyond $90.00 Per Share

May 21, 2007

Product lines evolve and change; please contact the company for current information. FULLERTON, Calif., May 14: Beckman Coulter, Inc. (NYSE:BEC) today announced that it would not increase the price offered for shares of the common stock (the "Shares") of Biosite Incorporated (NASDAQ:BSTE) in Beckman Coulter's... Read More

Mergers & Acquisition

SAP Extends Leadership in Delivering Solutions to the CFO with Acquisition of OutlookSoft Corporation

May 21, 2007

Delivers Most Comprehensive Solution for CFOs - Spanning Enterprise Resource Planning (ERP), Governance, Risk and Compliance (GRC) and Corporate Performance Management (CPM) WALLDORF, Germany and STAMFORD, Conn., May 8 / -- Extending its leadership in delivering complete solutions for the CFO, SAP AG (NYSE:SAP... Read More

Mergers & Acquisition

BioVeris Announces Date of Special Meeting of Shareholders and Expiration of HSR Review Period in Connection with Roche Transaction

May 21, 2007

GAITHERSBURG, Md., May 15: BioVeris Corporation ("BioVeris") (NASDAQ:BIOV) announced today that its Board of Directors has set a date for a special meeting of shareholders to vote on the proposal to adopt the previously announced Agreement and Plan of Merger pursuant to which BioVeris would be acquired by Roche for... Read More

Mergers & Acquisition

DCP Midstream Partners Completes Acquisition of Oklahoma Natural Gas Gathering System

May 21, 2007

DENVER, May 9: DCP Midstream Partners, LP (NYSE:DPM) has completed its previously announced acquisition of certain natural gas gathering and compression assets in Oklahoma from Anadarko Petroleum Corporation (NYSE:APC) for $180.3 million in cash, subject to customary purchase price adjustments. The midstream assets... Read More

Mergers & Acquisition

Barloworld Scientific Signs Agreement for the Sale of Melles Griot

May 18, 2007

Carlsbad, CA - Barloworld Scientific Ltd, today announced that an agreement has been signed with CVI, to acquire Melles Griot. The terms of the transaction have not been disclosed, but it is expected to close in the next few weeks. The acquisition brings together two leaders in optical and laser technology. With... Read More