Mergers & Acquisitions

Mergers & Acquisitions

Microsemi Corporation Announces That its Revised Proposal to Acquire PMC-Sierra, Inc. Has Been Deemed a Superior Proposal by PMC-Sierra Board of Directors

ALISO VIEJO, Calif. - Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, announced that it was informed last night that its revised proposal to acquire PMC-Sierra, Inc. (Nasdaq: PMCS) in a cash and stock transaction constitutes a Superior Proposal under the terms of PMC's merger agreement with...

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Mergers & Acquisitions

SurModics Acquires Creagh Medical, a Developer and Manufacturer of Balloon Catheters

Accelerates strategic transformation into a whole-product solutions provider Significantly advances company’s drug-coated balloon development and manufacturing capabilities Expands pipeline of product development opportunities EDEN PRAIRIE, Minn. - SurModics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies, today announced it has acquired Creagh...

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Mergers & Acquisitions

Bottle Rock Power LLC Acquired by Baseload Clean Energy Partners

Company plans to add energy storage to Geysers' geothermal facility SEATTLE - Baseload Clean Energy Partners (BCEP), a clean energy portfolio owned and operated by AltaRock Energy, today announced the acquisition of Bottle Rock Power LLC. The Bottle Rock Power Plant was originally constructed as a 55-MW dry-steam geothermal plant situated on a 350-acre site in Lake County, California. BCEP...

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Mergers & Acquisitions

Schlumberger-Cameron Merger Receives Unconditional Clearance from U.S. Department of Justice

HOUSTON –- Schlumberger Limited (NYSE: SLB) and Cameron International Corporation (NYSE: CAM) jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger. The closing of the proposed...

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Mergers & Acquisitions

ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash

Acquisition to create a global leader in the power semiconductor market Key Transaction Highlights: • Creates a leader in the power semiconductor market with a broad and deep product portfolio • Highly complementary product lines offering the full spectrum of high, medium and low voltage products • Strengthens presence in key strategic areas – industrial, automotive and smartphone end...

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Mergers & Acquisitions

Transportation Insight Announces Acquisition of Parcel Logistics Leader BirdDog Solutions

Strategic Addition of Expertise and Technology Fortifies 3PL's Position as Pacesetter in Enterprise Logistics HICKORY, N.C. - Transportation Insight, a leading global third-party logistics (3PL) provider, announces its acquisition of BirdDog Solutions, one of the most highly regarded providers of parcel logistics solutions in North America. The transaction advances Transportation Insight's...

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Mergers & Acquisitions

Dominion Acquires Solar Energy Project on Virginia's Eastern Shore

- • 80-megawatt facility would be one of the largest solar facilities in mid-Atlantic region - • Long-term power purchase agreement with affiliate of Amazon Web Services - • First project authorized under Virginia's permit-by-rule statute RICHMOND, Va. - Dominion Energy, Inc., a subsidiary of Dominion (NYSE: D), today announced the acquisition of an 80-megawatt solar facility in Virginia...

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Mergers & Acquisitions

Callon Petroleum Company Announces Acquisition of Additional Working Interests in Core Fields

NATCHEZ, Miss. –- Callon Petroleum Company (NYSE: CPE) ( Callon or the Company ) today announced it has acquired additional working interests in the Carpe Diem and Casselman-Bohannon fields in the Central Midland Basin for an approximate aggregate price of $29.5 million in cash. The acquisition was funded with borrowings from its revolving credit facility. Transaction highlights include:...

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Mergers & Acquisitions

IBM Closes Acquisition of Meteorix

IBM Enhances Capabilities to Accelerate Workforce Transformation by Becoming One of the Largest Providers of Workday Services ARMONK, N.Y. –- IBM (NYSE: IBM) today announced it completed the acquisition of Meteorix LLC, a premier Workday (NYSE: WDAY) services partner. Financial terms were not disclosed. The acquisition will enhance IBM's capability to help companies gain new competitive...

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Mergers & Acquisitions

Direct Energy Leads Industry in Business Energy Efficiency Solutions with Purchase of Panoramic Power

Electric Retail Supplier Now Offers Wireless Energy Monitoring and Analytics for Commercial Industrial Businesses HOUSTON - Direct Energy, one of North America's largest energy and energy-related services companies, through its parent company Centrica, agreed to acquire Panoramic Power, a leading provider of device-level energy management solutions, for $60 million. The Panoramic Power energy...

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