Mergers & Acquisitions

Mergers & Acquisitions

GE Further Enhances Oil & Gas Portfolio with Proposed Acquisition of the Well Support Division of John Wood Group PLC ( Wood Group )

Addition of Wood Group's electric submersible pumps and surface wellhead products: oProvides GE with entry into the fast growing demand for enhanced oil recovery from mature oil fields using downhole pump 'artificial lift' in brownfield developments; oExpands GE's high-technology product and service offering in unconventional oil and gas production, with significant applications for shale gas...

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Mergers & Acquisitions

Motorola Mobility Acquires 3LM

LIBERTYVILLE, Ill., Feb. 14, 2011 - Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that it has acquired Three Laws Mobility, Inc. (3LM), a developer of mobile enterprise security software and solutions and mobile device management products for the Android operating system. The agreement was completed in late 2010 and terms of the transaction were not disclosed. 3LM's technology is...

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Mergers & Acquisitions

NewPage and Niagara Development LLC Complete Sale of Niagara, Wisconsin Mill Property and Assets

MIAMISBURG, Ohio and NIAGARA, Wis., Feb. 11, 2011 - NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC's acquisition of the NewPage Niagara, Wisconsin mill property and assets. The NewPage Niagara facility permanently closed in July, 2008 due to a significant decrease in demand for coated...

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Mergers & Acquisitions

Arbinet Corporation Announces Agreement to Sell Certain Patent Assets for $4 Million

Sale of Patent Assets Expected to Yield Greater Merger Consideration to Arbinet's Stockholders in Acquisition by Primus HERNDON, Va., Feb. 14, 2011 - Arbinet Corporation (Nasdaq: ARBX) ( Arbinet ), a leading provider of telecommunications services to fixed and mobile operators, announced that it signed a definitive agreement to sell its portfolio of patents and patent applications for a purchase...

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Mergers & Acquisitions

Robocom Systems Completes Acquisition of Cambar Solutions

FARMINGDALE, N.Y. and MARKHAM, Ontario, Feb. 14, 2011 - Robocom Systems International announced today the successful acquisition of Cambar Solutions based in Charleston, South Carolina. The conclusion of the transaction marks Robocom's second acquisition of supply chain execution software companies in less than four years. The past two years of the worst economic recession in decades have been a...

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Mergers & Acquisitions

John Wood Group PLC ('Wood Group', the 'Group') Announces Disposal of Well Support Division for $2.8 Billion

Return of cash of not less than $1.7 billion ABERDEEN, United Kingdom, Feb. 13, 2011 - Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the Disposal ). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less...

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Mergers & Acquisitions

HP to Acquire Vertica: Customers Can Analyze Massive Amounts of Big Data at Speed and Scale

Combination enhances HP capabilities for information optimization PALO ALTO, Calif., Feb. 14, 2011 - a definitive agreement to acquire Vertica analytics platform company based in Billerica, were not disclosed. The acquisition of Vertica will enhance optimization, adding sophisticated, real and complex sets of data in physical, virtual and cloud environments. Vertica's platform helps customers...

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Mergers & Acquisitions

GE Completes Acquisition of Next-Generation Wind Turbine Tower Technology

Technology Designed to Allow Taller Towers while Lowering Wind Farm Installation and Transportation Costs SCHENECTADY, N.Y. - 11 February 2011 - GE (NYSE: GE) announced today the acquisition of next generation technology from Wind Tower Systems, LLC (WTS) that is expected to enable taller wind turbine towers. The need for taller, cost-efficient towers is becoming an important factor in the wind...

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Mergers & Acquisitions

RPM's Euclid Chemical Company Acquires Synthetic Fiber Manufacturer

MEDINA, Ohio, Feb. 10, 2011 - RPM International Inc. (NYSE: RPM) today announced that its subsidiary, The Euclid Chemical Company (Euclid Chemical), has acquired PSI Packaging, Inc. (PSI), a producer of micro- and macro-fibers for the ready-mixed and pre-cast concrete market. With headquarters and manufacturing located in LaFayette, GA, PSI has annual sales of approximately $6 million. Terms of...

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Mergers & Acquisitions

The Micromanipulator Co. Signs NW Test Solutions, Inc. of Beaverton, Oregon for Pacific Northwest Sales

CARSON CITY, NV - February 9, 2011 - The Micromanipulator Company, a leading manufacturer of analytical probing equipment and accessories for the global semiconductor industry, today announced they've reached an agreement with NW Test Solutions, Inc. of Beaverton, Oregon. NW Test will represent Micromanipulator for product sales and service in Oregon, Washington, and British Columbia. NW Test...

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