Mergers & Acquisition

Mergers & Acquisition

SPX Announces Acquisition of B.W. Murdoch Ltd, Broadening Process Engineering and Project Management Capabilities in New Zealand and the Asia Pacific Region

March 14, 2011

CHARLOTTE, N.C., March 9, 2011 - SPX Corporation (NYSE: SPW) today announced that it has completed the acquisition of B.W. Murdoch Ltd, a leading engineering company supplying processing solutions for the food and beverage industry. The company is based in Auckland, New Zealand. Terms of the acquisition were not... Read More

Mergers & Acquisition

DemandTec to Acquire M-Factor

March 14, 2011

Consumer products companies to benefit from industry-leading solution delivering optimized marketing mix, trade promotion, and shopper marketing decisions SAN MATEO, Calif., March 9, 2011 - DemandTec, Inc. (Nasdaq: DMAN), the collaborative optimization network for retailers and consumer products companies, today... Read More

Mergers & Acquisition

Harris Corporation Expands Terrestrial Networks Capabilities; Acquires Infrastructure Assets from Core180

March 14, 2011

MELBOURNE, Fla. and WASHINGTON, March 10, 2011 - Harris Corporation (NYSE: HRS), an international communications and information technology company, has acquired key infrastructure assets of the government business of Core180, Inc. Based in Fairfax, Virginia, Core180 is a telecom network integrator that provides... Read More

Mergers & Acquisition

LSI to Sell External Storage Systems Business to NetApp for $480 Million

March 14, 2011

Board Authorizes New $750 Million Stock Repurchase Program MILPITAS, Calif., March 9, 2011 - LSI Corporation (NYSE: LSI) today announced that it has signed a definitive agreement to sell its external storage systems business to NetApp, Inc. (Nasdaq: NTAP) for $480 million in cash. The company also announced today... Read More

Mergers & Acquisition

Penton Announces Acquisition of EyeTraffic Media

March 14, 2011

Acquisition Jumpstarts Online Marketing Services Offering NEW YORK, March 10, 2011 - Sharon Rowlands, CEO of Penton, announced today that the company has completed its first marketing services acquisition with the purchase of EyeTraffic Media, an online marketing firm. Terms were not disclosed. "Our senior team... Read More

Mergers & Acquisition

Torch Hill Investment Partners Invests Additional Capital and Assumes Majority Share of Diamondback Tactical, LLLP

March 14, 2011

Diamondback Tactical focuses on growth and advance product development SPINDALE, N.C., March 9, 2011 - Diamondback Tactical announced today that Torch Hill Investment Partners LLC has invested additional capital into the company and has gained a majority stake in D-Back Acquisition Co, the parent company of... Read More

Mergers & Acquisition

SGI Acquires SGI Japan, Ltd.

March 14, 2011

o Strategic entry into Japan's Technical Computing market o Expanded sales and service opportunities in world's 3rd largest economy o Increased revenue outlook for FY11 and FY12 o Purchase price of $17.9M FREMONT, Calif. and TOKYO, March 9, 2011 - SGI (Nasdaq: SGI), a trusted leader in technical computing, today... Read More

Mergers & Acquisition

Alcoa Completes TransDigm Aerospace Fastener Acquisition

March 14, 2011

NEW YORK - Alcoa (NYSE:AA) announced today it has completed the acquisition of the aerospace fastener business of TransDigm Group Inc., a global designer, producer and supplier of highly engineered aircraft components. The business will become part of Alcoa Fastening Systems (AFS), a leading worldwide designer and... Read More

Mergers & Acquisition

OpenText Accelerates Mobile App Strategy with weComm Acquisition Agreement

March 11, 2011

With weComm, OpenText Enters a High-Growth Market to Help Companies Deliver Mobile Apps For Any Device to Reach Their Customers, Consumers WATERLOO, ON and LONDON, UK, March 8 - OpenText(TM) (NASDAQ: OTEX, TSX: OTC) announced today it has reached an agreement to acquire London-based weComm, a deal that will... Read More

Mergers & Acquisition

Misys Strengthens Its Transaction Banking Offering for North America

March 11, 2011

LONDON, March 8, 2011 - Misys plc (LSE: MSY.L), the global application software and services company, today announces that it has made a significant acquisition to enhance its Transaction Banking offering in the United States. The deal with Gandacar Consulting Limited (GCL) includes the intellectual property... Read More

Mergers & Acquisition

Automated Packaging Systems Acquires Two More Buildings in Streetsboro to Meet Growth Needs

March 11, 2011

STREETSBORO, OH - March 9, 2011 - Automated Packaging Systems, the world leader in high-reliability bag packaging systems, is expanding its operations in Streetsboro, Ohio by acquiring two commercial buildings. The larger building is 173,000 square feet of combined manufacturing, office and warehouse space located... Read More

Mergers & Acquisition

GE's Acquisition of Wellstream: Shaping a New Era in Subsea Oil and Gas Production

March 11, 2011

LONDON, UNITED KINGDOM and RIO DE JANEIRO, BRAZIL - March 8, 2011-GE (NYSE: GE) is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares ("Wellstream's Shares") on the... Read More

Mergers & Acquisition

Siemens Strengthens Its Position in the Subsea Power Market

March 10, 2011

Acquisition of subsea specialists Poseidon and Bennex Siemens has entered into an agreement to acquire the two subsea specialists Poseidon Group AS and Bennex Group AS from Subsea Technology Group AS, Norway. Poseidon provides subsea marinization, engineering and consulting, and has a workforce of 140 employees and... Read More

Mergers & Acquisition

Fallbrook Technologies Inc. Acquires the Business of Hodyon LP, Manufacturer of Dynasys(TM) Auxiliary Power Unit (APU) Products

March 10, 2011

o Will utilize NuVinciĀ® transmission technology in next generation APU SAN DIEGO,March 7, 2011 - Fallbrook Technologies (Fallbrook) today announced the acquisition of the business of Hodyon LP, a manufacturer and distributor of energy-efficient products and systems. Hodyon's primary product focus is its... Read More

Mergers & Acquisition

Intertek to Acquire Leading Technical Services Group Moody International from Investcorp

March 10, 2011

LONDON, March 7, 2011 - Intertek, the leading international provider of quality and safety services, announced today that it has entered into an agreement to acquire Moody International ("Moody") from the alternative investment firm Investcorp. Moody is a worldwide technical services organisation dedicated to... Read More

Mergers & Acquisition

Oceaneering to Acquire Norse Cutting & Abandonment AS

March 10, 2011

HOUSTON, March 7, 2011 - Oceaneering International, Inc. (NYSE: OII) announced it has entered into a definitive purchase agreement to acquire Norse Cutting & Abandonment AS (NCA), for approximately $60 million. The purchase is expected to close by March 31, 2011. NCA is an oilfield technology company that... Read More

Mergers & Acquisition

Accuray to Acquire TomoTherapy for Approximately $277 Million in Cash and Stock

March 10, 2011

Combination of Two Best-in-Class Technologies Creates the Premier Radiation Oncology Company Acquisition Expected to be Accretive to Accuray's FY2013 Earnings SUNNYVALE, Calif. and MADISON, Wis., March 7, 2011 - Accuray (Nasdaq: ARAY), a global leader in the field of radiosurgery, and TomoTherapy Incorporated... Read More

Mergers & Acquisition

Western Digital to Acquire Hitachi Global Storage Technologies

March 10, 2011

Combination of Hard Drive Companies Will Create Industry's Broadest Product Portfolio and a Significant Pool of Resources for Innovation IRVINE, Calif. and SAN JOSE, Calif., March 7, 2011 - Western Digital (NYSE: WDC) and Hitachi, Ltd. (NYSE: HIT / TSE:6501) announced today that they have entered into a definitive... Read More

Mergers & Acquisition

Aggregate Industries Acquires Lattimore Materials Corp.

March 10, 2011

ROCKVILLE, Md., March 7, 2011 - Aggregate Industries US Inc., a wholly-owned subsidiary of Holcim Ltd, announced today that Lattimore Materials Corp. (LMC), a Texas-based aggregates and ready-mix concrete producer, has become a wholly-owned subsidiary of Aggregate Industries US Inc. Prior to this transaction, a... Read More

Mergers & Acquisition

Here Enterprises Negotiating for Acquisition of Solar Energy Company

March 10, 2011

LAS VEGAS, March 7, 2011 - Here Enterprises, Inc. (Pink Sheets: HRTE), a growing developer of clean wind energy, has entered into direct negotiations to acquire a Texas-based solar energy company. Here Enterprises recently announced completion of the first phase of construction at its Cycle Ranch wind energy project... Read More