Mergers & Acquisitions

Mergers & Acquisitions

Hyland Software Acquires the CSC Group

Reinforces company's goal to become the leading enterprise content management (ECM) software vendor to the healthcare market CLEVELAND, Sept. 24 - Hyland Software has purchased privately held Computer Systems Company, Inc. (dba The CSC Group), a provider of business and clinical healthcare software and document conversion services. Terms of the transaction were not disclosed. Our goal is to have...

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Mergers & Acquisitions

International Paper Completes Sale of 163,000 Acres of Real Estate Properties

MEMPHIS, Tenn., Sept. 23 -- International Paper (NYSE: IP) announced today that it has closed the sale of 163,000 acres under contract with Figure 8 Partners, LP, an affiliate of Rock Creek Capital (the Partnership"). The total consideration of $199 million includes $160 million in cash and $39 million, plus interest, to be received no later than three years from closing. In addition, IP has...

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Mergers & Acquisitions

Livingston International Acquires Maquilogistics to Expand Operations to U.S.-Mexico Border

CHICAGO, Sept. 24 - Livingston International has acquired Texas-based Maquilogistics, Inc. announced Livingston's president and CEO, Peter Luit, today. This strategic move will extend Livingston's customs and compliance expertise to companies importing into the United States from Mexico, including those taking advantage of the Mexican maquiladora program who must meet complex regulatory...

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Mergers & Acquisitions

Goodrich Corporation Completes Acquisition of DeCrane Cabin Management Assets

CHARLOTTE, N.C., Sept. 22, 2010 -- Goodrich Corporation (NYSE: GR) has completed the acquisition of the Cabin Management assets of DeCrane Holdings Co., a leading provider of seating, furniture, veneers and cabin management systems for the business jet market. The purchase price was approximately $280 million. Goodrich had announced its intentions to acquire DeCrane's Cabin Management assets on...

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Mergers & Acquisitions

Ryan Herco Flow Solutions Acquires the Assets of Corrosion Products & Equipment's Piping Products Division

BURBANK, Calif., Sept. 23 --Ryan Herco Flow Solutions (www.rhfs.com) has acquired the assets of Corrosion Products & Equipment, Inc. Piping Products Division (www.corrosion-products.com) headquartered in Rochester, New York. Ryan Herco Flow Solutions, a national leader in the distribution of corrosion-resistant and ultra-pure engineered piping systems, flow control, automation, and fluid handling...

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Mergers & Acquisitions

Siemens Acquires Republic Intelligent Transportation Services

Agreement to Purchase Republic ITS Will Enhance Siemens' Complete Traffic Solutions Offering ATLANTA, Sept. 23 --Siemens Industry, Inc. (NYSE: SI) announced today that it has signed an agreement to acquire Republic Intelligent Transportation Services, Inc. (Republic ITS), headquartered in Novato, Calif. Upon close, the company will be named Republic ITS, Inc., a Siemens Company. Siemens will...

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Mergers & Acquisitions

HP Completes Acquisition of Fortify Software, Accelerating Security Across the Application Life Cycle

PALO ALTO, Calif., Sept. 22, 2010 - HP today announced it has completed its acquisition of Fortify Software. The combination bridges static and dynamic security analysis across the application life cycle to help clients proactively reduce business risk against malicious attacks. With Fortify Software's expertise and offerings, HP will offer a best-in-class solution that allows clients to properly...

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Mergers & Acquisitions

OMNOVA Solutions Announces Intention to Acquire Specialty Chemicals Manufacturer Eliokem International from AXA Private Equity

FAIRLAWN, Ohio, Sept. 22 o Significantly increases OMNOVA's total size and scale to sales of over US$1 billion and Adjusted EBITDA of US$129 million, based on last twelve months through May 2010. o Enhances Performance Chemicals segment's growth opportunities o Broadens Performance Chemicals' markets, applications and technologies o Expected to be accretive to earnings in 2012 o Management...

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Mergers & Acquisitions

Special Committee of Qiao Xing Mobile Communication Co., Ltd. Informs Parent Company That It Continues to Analyze Parent's Acquisition Proposal

BEIJING, Sept. 22 - Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM), a manufacturer of mobile handsets in the People's Republic of China, today announced that the special committee of its board of directors has provided a letter to Qiao Xing Universal Resources, Inc. (Nasdaq: XING, or XING") stating as follows: The Special Committee (the "Special Committee") of the board of directors of Qiao...

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Mergers & Acquisitions

Alltech Acquires State-of-the-Art Algae Facility for $14M

[Lexington, KENTUCKY] - Alltech, a global leader in natural animal nutrition, based in Nicholasville, Kentucky, announced today that it has acquired a state-of-the-art algae fermentation facility in Winchester, Kentucky from Martek Bioscience Corporation for approximately $14 million. For Alltech, algae fermentation presents our latest technological platform from which we expect incredible...

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