New: Buy Now on Thomas and Pay Over Time with Credit Key   Learn More

Mergers & Acquisitions

Mergers & Acquisitions

Western Digital to Acquire Hitachi Global Storage Technologies

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 agreement whereby WD will acquire Hitachi Global Storage Technologies (Hitachi...

Read More »
Mergers & Acquisitions

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

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 (Nasdaq: TOMO), creator of advanced radiation therapy solutions for cancer care, today...

Read More »
Mergers & Acquisitions

Aggregate Industries Acquires Lattimore Materials Corp.

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 minority interest in LMC was owned by a different subsidiary of Holcim Ltd. The...

Read More »
Mergers & Acquisitions

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

o Will utilize NuVinci-® 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 diesel-electric Dynasys(TM) Auxiliary Power Unit (APU) system. Operating as a wholly-owned...

Read More »
Mergers & Acquisitions

Here Enterprises Negotiating for Acquisition of Solar Energy Company

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 near San Antonio, Texas. The Company is diversifying its renewable energy...

Read More »
Mergers & Acquisitions

InterCall Expands Its Streaming Services Portfolio with Acquisition of Unisfair

OMAHA, Nebraska, March 7, 2011 - InterCall, a subsidiary of West Corporation and the world's largest conferencing and collaboration services provider, today announced the acquisition of Unisfair, a leading global provider of virtual events and business environments. Unisfair enables companies to create branded and interactive virtual environments that are engaging and help boost their pipeline...

Read More »
Mergers & Acquisitions

Intertek to Acquire Leading Technical Services Group Moody International from Investcorp

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 reducing clients' risks by providing technical inspection services, technical staffing...

Read More »
Mergers & Acquisitions

Oceaneering to Acquire Norse Cutting & Abandonment AS

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 specializes in providing subsea tooling services used in the plugging, abandonment, and...

Read More »
Mergers & Acquisitions

Siemens Strengthens Its Position in the Subsea Power Market

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 consultants in Stavanger and Aberdeen. Bennex has about 160 employees in Norway...

Read More »
Mergers & Acquisitions

InStar Services Group Expands Further into California--Additional Acquisitions to Follow

TROY, Mich., March 7, 2011 - InStar Services Group, LP (InStar) announced it completed the acquisition of a majority of the stock of Oakwood Construction and Restoration Services, Inc. Headquartered in Brea, Calif., Oakwood is a leader in disaster restoration and reconstruction serving Southern California providing property recovery solutions to residential, commercial, and multifamily clients....

Read More »