ITW Enters into Agreement to Sell Its Finishing Businesses to Graco Inc.
GLENVIEW, Ill., April 14, 2011 - Illinois Tool Works Inc. (NYSE: ITW) today announced that it has entered into a definitive agreement to sell its finishing group of businesses to Graco Inc. in a $650 million cash transaction. The sale is not expected to be completed until June 2011 at the earliest to accommodate regulatory reviews. ITW's finishing equipment businesses consist of paint spray...Read More »
IBM Closes on Acquisition of TRIRIGA, Inc.
Accelerates Advanced Intelligence for Smarter Buildings Transformation ARMONK, N.Y., April 14, 2011 - IBM (NYSE: IBM) today announced that it has completed the acquisition of TRIRIGA, Inc., a privately-held company based in Las Vegas, Nevada. Financial terms were not disclosed. On March 22, IBM announced that it had entered into a definitive agreement to acquire TRIRIGA, a leading provider of...Read More »
Belzberg Technologies Inc. Merges with Frontline Technologies Corporation and Announces Name Change
TORONTO, April 13 - Belzberg Technologies, Inc. (TSX: BLZ) and Frontline Technologies Corp. announced the closing of the acquisition of Frontline by Belzberg and the change in company name to Frontline Technologies Inc. The combined company will change its trading symbol to FLC which is expected to take place during the week of April 18, 2011. Under the terms of the acquisition agreement, the key...Read More »
Jive Acquires Proximal Labs
Accelerates Strategy to Bring 'Big Data' Innovation to Enterprise to Unlock Social Graph PALO ALTO, Calif., April 13, 2011 - Jive Software today announced the acquisition of Proximal Labs, a privately held software company that brings innovative 'big data' technology to enterprise social networks. Proximal will help accelerate Jive's efforts to use the power of 'big data' to unlock the value of...Read More »
ComCam Announces Intent to Acquire 1st Choice Security Solutions
WEST CHESTER, Pa., April 13, 2011 - ComCam International, Inc. (OTC Bulletin Board: CMCJ) announced today that it has entered into a Letter of Intent to acquire all of the issued and outstanding shares of 1st Choice Security Solutions of Georgia (1st Choice), a leading OEM supplier of ultra-long range RFID technology in a stock and cash transaction expected to close June 2011. On completion of...Read More »
DGI Supply Set to Acquire MIT of Omaha, Nebraska
Wheeling, IL. (March 28, 2011) - DGI Supply, a DoALL Company, announced today that it has signed a letter of intent to purchase all outstanding shares of Midwest Industrial Tools, Inc. The owners expect the deal to be finalized by May 1st. Allan Chartier, the current President and CEO of MIT, will remain with the company through the transition. When reached for comment, Bill Henricks Chief...Read More »
Coates International, Ltd. Merger with a Major Chinese Industrial Engine and Generator Manufacturer Gets Closer to Completion.
A Delegation of Top Management Executives Will Visit Coates Headquarters on April 26, 2011 WALL TOWNSHIP, N.J., April 12, 2011 - Coates International, Ltd. (OTCBB: COTE) Coates International Ltd. (the Company ) is pleased to announce that a delegation of top executives, including the company president of a major Chinese engine and generator manufacturer, will visit the Coates headquarters for the...Read More »
Duke Energy Renewables Acquires Solar Farm at N.C. Elementary School
MURPHY, N.C., April 12, 2011 - Duke Energy Renewables now owns a 1-megawatt solar farm on the grounds of an elementary school in the southwestern corner of North Carolina. Approximately 4,400 ground-mounted photovoltaic (PV) solar modules on the property of the Martins Creek Elementary School in Murphy, N.C., will generate an estimated 1.3 million kilowatt-hours of electricity each year - enough...Read More »
FleetPride Acquires Cimarron Truck Parts and Oklahoma Truck Supply
THE WOODLANDS, Texas, April 11, 2011 - FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it acquired the assets of Cimarron Truck Parts in Cushing, Oklahoma on April 1, 2011, and Oklahoma Truck Supply in Muskogee, Oklahoma, today. Both companies were previously owned by East Tulsa Truck Parts and Equipment, Inc. The...Read More »
Shrink Nanotechnologies Signs Binding Letter of Intent to Acquire 100% of Hawaii-Based Nanopoint, Inc.
Transaction Will Bring World Class Life Science Instrumentation Products and Microfluidics Platform, Along with Global Product Distribution in Numerous High Growth Markets IRVINE, Calif., April 11, 2011 - Shrink Nanotechnologies, Inc. ( Shrink ) (OTC Markets: INKN), an innovative high technology company, announced today that it has executed a binding letter of intent to acquire 100% of...Read More »