Mergers & Acquisitions

Mergers & Acquisitions

Healthy Order Intake, Further Sales Growth, Substantial Rise in Orders in Hand.

In the first nine months of the current financial year, the Mikron Group acquired new orders totalling CHF 171.5 million (+94.2% compared to previous year's low level), while sales rose 8.7% to CHF 124.3 million. Order backlog increased by 100.4% to CHF 94.8 million, achieving a much broader product and geographical spread in the process. Sales mdeveloped in line with expectations and the pick-up...

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Mergers & Acquisitions

Zim Corporation Announces Technology Acquisition Purchase

Zim Corporation purchases all technology assets of Torch Technologies - enhances its database migration product and services offering. OTTAWA, Oct. 27 - Zim Corporation (OTCBB: ZIMCF), a provider of software products and services for the database and mobile markets, today announced its acquisition of the technology assets of Torch Technologies. Torch products are well known within Zim's customer...

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Mergers & Acquisitions

Davis-Standard, LLC Acquires Medical Extrusion Leader Harrel, Inc.

(Pawcatuck, Conn.) - Davis-Standard, LLC announced today a binding agreement to acquire Harrel, Incorporated of Norwalk, Connecticut. Under terms of the agreement, Harrel will move operations to Davis-Standard's headquarters in Pawcatuck, Connecticut. Davis-Standard will continue to offer the existing Harrel line, and key Harrel employees will remain with the business, including David Madar,...

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Mergers & Acquisitions

Boston Scientific Completes Acquisition of Asthmatx

NATICK, Mass., Oct. 26 -- Boston Scientific Corporation (NYSE: BSX) today announced the completion of its acquisition of Asthmatx, Inc. of Sunnyvale, California. The transaction follows the definitive agreement announced on September 20. Under the terms of the agreement, Boston Scientific purchased all outstanding Asthmatx shares for a total of $193.5 million. Additional payments of up to $250...

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Mergers & Acquisitions

Broadcom Corporation to Acquire Percello Ltd

Broadcom Expands Its Broadband Carrier Access Portfolio with the Addition of Percello's Femtocell Technology IRVINE, Calif., Oct. 26 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Percello Ltd., a privately-held company that develops system-on-a-chip (SoC)...

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Mergers & Acquisitions

Comprehensive Settlement Reached with Majority of Parties to Merger Case in Pennsylvania

FirstEnergy, Allegheny Energy Address Issues Related to Jobs, Competition and Sustainable Energy AKRON, Ohio, and GREENSBURG, Pa., Oct. 25 -- FirstEnergy Corp. (NYSE: FE) and Allegheny Energy, Inc. (NYSE: AYE), along with 18 parties to their merger in Pennsylvania, today filed with the Pennsylvania Public Utility Commission (PaPUC) a comprehensive settlement that addresses issues raised in the...

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Mergers & Acquisitions

GE Strengthens Role in China Compressor Manufacturing with SBW Group

Partners Close Strategic Deal Announced in January, Reinforcing GE's Commitment to China BEJING - 25 October 2010 - GE (NYSE: GE) today announced the completion of its acquisition, from Shenyang Blower Works Group Company Ltd. (SBW Group), of a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale, Chinese state-owned enterprise dedicated to the design and manufacture of...

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Mergers & Acquisitions

Trimble Acquires ThingMagic RFID Technology

SUNNYVALE, Calif., Oct. 25 - Trimble (Nasdaq: TRMB) announced today it has acquired the business of ThingMagic, Inc. of Cambridge, Massachusetts. ThingMagic is a leading developer of radio frequency identification (RFID) technology and offers advanced development services to facilitate the integration of RFID into a wide range of applications. The acquisition expands Trimble's technology...

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Mergers & Acquisitions

Quanta Services Acquires Valard Construction

Acquisition expands Canadian presence; delivers comprehensive infrastructure services to growing Canadian electric power transmission market HOUSTON, Oct. 25 - Quanta Services, Inc. (NYSE: PWR) today announced that on Oct. 22, 2010, it signed a definitive agreement to acquire Valard Construction, one of Canada's largest electric power line contractors. The transaction, which is expected to close...

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Mergers & Acquisitions

asknet Acquires New Customer Norman ASA

KARLSRUHE, Germany, October 25, 2010 o Norman Outsources its Worldwide eCommerce Activities to asknet o International Reseller Business Integrated Into eShop o Praise for Professional Shop Set-up asknet, a leading provider of global eCommerce solutions for software vendors, has acquired the Norwegian company Norman ASA as a new customer. Norman is the world market leader and a pioneer in the...

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