AAM Acquires Full Ownership of AAM Sona Axle Private Limited
DETROIT, Mich., Jan. 7, 2011 - American Axle & Manufacturing (AAM), today announced that it has assumed full ownership of the AAM Sona Axle Private Limited Joint Venture (AAM Sona Axle) in Pantnagar, India. AAM Sona Axle, previously a joint venture between AAM and Sona Koyo Limited to manufacture and sell light truck, passenger car and SUV axle assemblies for the India market, is now an...
Read More »Aeroflex Announces Agreement to Acquire Spectrum Analyzer Assets from Lignex-1
Stevenage, United Kingdom and Seoul, South Korea - January 6, 2011. Aeroflex Limited ( Aeroflex or the Company ), a wholly owned subsidiary of Aeroflex Holding Corp. (NYSE:ARX) announced today it has signed an asset purchase agreement to acquire the spectrum analyzer assets from LIGNex1 Co., Ltd ( LIGNex1 ). The primary assets to be acquired under the transaction include bench-top spectrum...
Read More »EchoStar Acquires Assets of Move Networks, Leader in Adaptive Streaming for Over-the-Top Video Solutions
ENGLEWOOD, Colo. and AMERICAN FORK, Utah, Jan. 6, 2011 - EchoStar Advanced Technologies L.L.C., a wholly owned subsidiary of EchoStar Corporation (Nasdaq: SATS), announced today that it has acquired assets of Utah-based Move Networks, the technology innovator delivering advanced solutions for large scale streaming of quality video on the Internet. We're pleased to bring aboard the talents and...
Read More »Altair Engineering Acquires ACUSIM Software
Acquisition solidly positions Altair as a major player in the CFD market and at the forefront of multi-physics simulation TROY, Mich. - January 11, 2010 - Altair Engineering, Inc., a leading global provider of simulation technology and engineering services that empower client innovation and decision-making, today announced it has acquired ACUSIM Software, Inc. (ACUSIM). Founded in 1994 and...
Read More »Carrier's Automated Logic Corporation Expands Branch Operations into Canada
KENNESAW, Ga., Jan. 5, 2011 - Carrier Corp.'s Automated Logic Corporation (ALC), a leading provider of innovative control systems for heating, ventilation, air conditioning, lighting and energy management of buildings, has acquired T.A.C. Controls & Automation, Inc. (TAC), an independent ALC controls contractor with offices in Concord, Ontario, Canada. Terms of the deal were not disclosed....
Read More »Audiovox Signs Non-Binding Term Sheet
HAUPPAUGE, N.Y., Jan. 6, 2011 - Audiovox Corporation (Nasdaq: VOXX), announced today that it has recently signed a non-binding term sheet to purchase all of the shares of Klipsch Group Inc. and its worldwide subsidiaries ( Klipsch ). Klipsch is a leading, global provider of premium, high performance speakers sold through retail and installation channels. The transaction is subject to a number of...
Read More »Boston Scientific Acquires Intelect Medical
Innovative technology designed to advance deep brain stimulation therapy NATICK and BOSTON, Mass., Jan. 5, 2011 - Boston Scientific Corporation (NYSE: BSX) today announced it has acquired Intelect Medical, Inc., a development-stage company located in Boston. Intelect Medical is developing advanced neuromodulation technologies for deep brain stimulation (DBS) therapy. The transaction values...
Read More »North Highland Acquires Insight Solutions Group
Global consulting firm expands into the Midwest with the opening of its twentieth U.S. office ATLANTA and MINNEAPOLIS, Jan. 6, 2011 - Global consulting firm North Highland today announced its expansion into the Midwest United States with the acquisition of Insight Solutions Group, Inc., a Minneapolis-based management consulting firm. The acquisition marks the establishment of North Highland's...
Read More »ATS Automation Completes Acquisition of ATW Automation Businesses in USA and Europe
CAMBRIDGE, ON, Jan. 5 - ATS Automation Tooling Systems Inc. ( ATS or the Company ) today announced that the acquisition of the majority of Assembly & Test Worldwide, Inc.'s U.S.-based and German automation and test systems businesses (collectively ATW ), previously announced on December 6, 2010, has been completed. About ATS ATS Automation provides innovative, custom designed, built and installed...
Read More »Design Group Expands Facility National Practice with Merger
ST. LOUIS - January 5, 2011 - Barry-Wehmiller Design Group announced today that it is expanding its facility design national practice with the acquisition of Delphey-Gerdes Engineering, a prominent architectural and engineering firm serving the food processing and other industries in the Western U.S. For 25 years, the Design Group has provided a wide range of engineering, project management and...
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