Mergers & Acquisitions

Mergers & Acquisitions

BASF Completes Acquisition of Cognis

Integration process started Detailed integration plans expected at the end of Q1 2011 LUDWIGSHAFEN, Germany, Dec. 10, 2010 - BASF successfully completed its acquisition of Cognis Holding GmbH from Cognis Holding Luxembourg S.a r.l. controlled by Permira Funds, GS Capital Partners and SV Life Sciences yesterday (December 9, 2010). The equity purchase price was euro 700 million. Including net...

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Mergers & Acquisitions

Bosch Acquires RTI Technologies Co., Ltd.

Technical specialist in field of automotive maintenance equipment Growth opportunity for Automotive Aftermarket Business globally STUTTGART, Germany, Dec. 8, 2010 o Acquisition presents new business opportunity for Bosch Diagnostics o Bosch to expand in automotive air conditioning service market The Bosch Group's Automotive Aftermarket business announced it has acquired RTI Technologies Co., Ltd....

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Mergers & Acquisitions

Xyratex Expands Product Portfolio

Positions Xyratex for Growth in Media and Head Test Markets for Hard Disk Drives HAVANT, England, Dec. 8, 2010 - Xyratex Ltd (Nasdaq: XRTX), a leading provider of enterprise class data storage subsystems and storage process technology, announced today that it has acquired the HDD component test related business and assets of Magnetic Recording Solutions, Inc. (MRS), including a 10 person...

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Mergers & Acquisitions

Monotype Imaging Acquires Ascender Corp

Acquisition to Strengthen Monotype Imaging's Ability to Provide Premium Font Products and Services to Customers WOBURN, Mass. - Monotype Imaging Holdings Inc. (Nasdaq: TYPE), a leading global provider of text imaging solutions, today announced it has acquired Ascender Corp., a privately held font provider with long-standing relationships with several leading brands including Google and Microsoft,...

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Mergers & Acquisitions

ABB Commences Previously Announced Tender Offer to Acquire All Outstanding Shares of Common Stock of Baldor Electric Company

ZURICH, Switzerland and FORT SMITH, Ark., Dec. 8, 2010 - Zurich, Switzerland and Fort Smith, Arkansas, USA, December 8, 2010 - ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Baldor Electric Company (NYSE: BEZ) (Baldor), a North American leader in industrial motors, announced today that ABB's subsidiary, Brock Acquisition Corporation, is commencing the previously...

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Mergers & Acquisitions

Salesforce.com Signs Definitive Agreement to Acquire Heroku

Heroku is the leading Ruby application platform-as-a-service, powering more than 105,000 next-generation social and mobile cloud applications With an exploding community of more than 1 million developers, Ruby powers many of the leading Cloud 2 apps Heroku's Ruby cloud platform to accelerate enterprise customers' transition to new era of cloud computing Salesforce.com cloud platform will support...

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Mergers & Acquisitions

EU Clears Tyco Electronics' Acquisition of ADC

SCHAFFHAUSEN, Switzerland, Dec. 7, 2010 -- Tyco Electronics Ltd. (NYSE: TEL) announced today that it has received merger control clearance from the European Commission for its proposed acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT). This clearance satisfies the condition of the tender offer related to European Union regulatory approval. Tyco Electronics' tender offer for shares of...

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Mergers & Acquisitions

Illinois Tool Works to Acquire SOPUS Products' Car Care Business

GLENVIEW, Ill., Dec. 7, 2010 - Illinois Tool Works Inc. (NYSE: ITW) today announced that it has reached an agreement to acquire Shell SOPUS Products' car care business, a leading automotive aftermarket consumer products portfolio. The parties expect the transaction to close in early 2011. SOPUS Products' Car Care business includes the appearance and performance chemical and windshield wiper blade...

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Mergers & Acquisitions

Siemens Adds New Process Control System to Memcor Membrane Product Offering

Siemens Water Technologies announced a new addition to its technology portfolio with the purchase of the Clearlogx Process chemical feed system (patent pending). Siemens and the US-based company MarMac Water, LLC, of Greenwood Village, Colorado, signed an agreement to purchase the technology, which combines chemical addition and proprietary controls for treatment of water and wastewater. Siemens...

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Mergers & Acquisitions

UNIT4's FinancialForce.com Announces Agreement to Purchase Appirio Professional Services Enterprise Solution

Extends FinancialForce Accounting to create the only end-to-end cloud solution for services companies on the same technology platform; Aligns with UNIT4's global positioning as a leading software supplier to servicesbased organizations SLIEDRECHT, The Netherlands & SAN MATEO, California, USA (DEC. 7th, 2010) - UNIT4, the world's leading provider of enterprise resource planning (ERP) and financial...

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