Mergers & Acquisitions

Mergers & Acquisitions

Novatel Wireless Completes Enfora Acquisition

SAN DIEGO, Dec. 1, 2010 - Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband solutions,has completed the previously-announced acquisition of Enfora, Inc., a privately-held, Texas-based provider of intelligent asset-management solutions utilizing wireless technology and machine-to-machine (M2M) communications. The effective date was the close of business on November...

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Mergers & Acquisitions

Rohde & Schwarz and Topex Bundle Their Air Traffic Control Expertise

MUNICH, December 1, 2010 - Rohde & Schwarz has acquired a majority interest in the Romanian company Topex, a manufacturer of telecommunications equipment for government authorities and companies. The Topex portfolio includes voice communications systems for air traffic control (ATC). These systems ideally complement the Rohde & Schwarz ATC portfolio which mainly comprises radiocommunications...

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Mergers & Acquisitions

Largest Independent Security Distributor Makes Acquisition in Texas

Woodbury, NY - Tri-Ed / Northern Video, North America's largest independent security distributor, continues to grow its operation with the acquisition of Security Data & Cable HQ. SDC's two locations in Houston and Austin, Texas will now operate as Tri-Ed/Northern Video Distribution and the existing sales staff will continue to manage both branches. Tri-Ed / Northern Video continues to increase...

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Mergers & Acquisitions

Delcam to Partner with Additive Manufacturing Company Marcam Engineering

Delcam, the world's leading specialist supplier of CAM software, has signed a non-legally binding memorandum of understanding with the leading German developer of software for additive manufacturing, Marcam Engineering GmbH. On completion of the legal contracts, Delcam will acquire a 24.9% holding in Marcam. Marcam develops the AutoFab and VisCAM software families for preparing CADCAM data for...

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Mergers & Acquisitions

Wilson Tool Announces Acquisition of Exacta Precision and Exacta Fabtool.

Wilson Tool is pleased to announce that we have acquired Exacta Precision and Exacta FabTool of Toronto, Canada. Much like Wilson Tool, Exacta has been a supplier of high-quality tooling for the metal fabrication and stamping industries since the mid-1960s. The merger of these great family-owned companies represents a strong step forward for our organizations," said Brian Robinson, CEO of Wilson...

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Mergers & Acquisitions

OKI Merges Group Logistics Company into OKI Proserve

TOKYO, December 1, 2010 - OKI Electric Industry (TSE:6703) has announced the merger of OKI Logistics, an OKI Group company specializing in logistics, into OKI Proserve, a Group company responsible for providing indirect operating services. OKI Proserve plans to strengthen its management basis by streamlining logistical operations within the OKI Group. The expertise and systems amassed through OKI...

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Mergers & Acquisitions

Comprehensive Settlement with Majority of Parties to Merger Case in Maryland Includes Enhanced Customer Benefits

Customer Credits Increased to $6.5 Million Over Four Years AKRON, Ohio and GREENSBURG, Pa., Dec. 1, 2010 - FirstEnergy Corp. (NYSE: FE) and Allegheny Energy, Inc. (NYSE: AYE), along with 10 parties to their merger proceeding in Maryland, today filed with the Maryland Public Service Commission a comprehensive settlement that addresses issues raised in the case. The settlement enhances commitments...

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Mergers & Acquisitions

China Clears Tyco Electronics' Acquisition of ADC

SCHAFFHAUSEN, Switzerland, Dec. 2, 2010 - On Tuesday, Nov. 30, 2010, Tyco Electronics Ltd. (NYSE: TEL) received notification that the Ministry of Commerce of the People's Republic of China, which is responsible for the review of acquisition transactions under the Antimonopoly Law and its implementing regulations, has cleared the company's proposed acquisition of ADC Telecommunications, Inc....

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Mergers & Acquisitions

ESCO® Corporation Announces Acquisition of Austcast and Newlcast

Australia and New Zealand foundries will support company growth and provide employment opportunities and locally-made ESCO products PORTLAND, Ore., Dec. 1, 2010 -- ESCO Corporation (www.escocorp.com), a leading global provider of wear-parts and attachments for the mining and construction industries, announced today the acquisition of all of the issued and outstanding shares of Austcast Pty Ltd in...

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Mergers & Acquisitions

Johnson Controls Signs Purchase Agreement to Acquire C. Rob. Hammerstein Group (CRH)

Johnson Controls Automotive Experience enhances its seating components portfolio through the addition of high-end solutions for metal and mechanisms BURSCHEID, Germany, Dec. 1, 2010 -- Johnson Controls (NYSE: JCI), a global leader in automotive seating systems, interior components and electronics, signed a purchase agreement to acquire the C. Rob. Hammerstein Group (CRH). CRH is a leading, global...

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