Mergers & Acquisitions

Mergers & Acquisitions

j2 Global Acquires Protus IP Solutions, Inc.

LOS ANGELES, Dec. 6, 2010 - j2 Global Communications, Inc. (NasdaqGS: JCOM), the provider of outsourced, value-added messaging and communication services, today announced that it has acquired Protus IP Solutions, Inc., a Canadian provider of Software-as-a-Service (SaaS) communication services and solutions to the business market. Protus' principal products are offered under the brand names...

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Mergers & Acquisitions

ABB Acquires Insert Key Solutions to Further Strengthen Software Offering

Acquisition builds on industry-leading asset lifecycle management offering from Ventyx Zurich, Switzerland, Dec.6, 2010 - ABB, the leading power and automation technology group, has agreed to acquire the business of Insert Key Solutions (IKS), a privately-owned specialist software provider, adding IKS' solutions to its recently acquired Ventyx software portfolio. The move will create a...

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Mergers & Acquisitions

ViaWest Announces the Acquisition of SingleEdge in Salt Lake City

Acquisition gives ViaWest a seventh data center in a growing Utah market DENVER, Dec. 6, 2010 - ViaWest, a leading provider of adaptable colocation and managed services, has announced the company's acquisition of SingleEdge, a colocation and managed service provider based in Salt Lake City. With the acquisition, ViaWest will increase its footprint to seven data centers encompassing approximately...

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Mergers & Acquisitions

HEXPOL's Acquisition of the Global Rubber Compounding Group Excel Polymers Completed

Solon - December 1, 2010 - All regulatory approvals and contractual conditions for the transaction have been met and the acquisition has been completed as of November 30, 2010. Excel Polymers is a leading global supplier of performance elastomer solutions, offering a comprehensive portfolio of compounded polymer materials, performance additives and technical know-how, mainly sold to rubber parts...

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Mergers & Acquisitions

Southwest Solutions Group Announces Acquisition of Automated Business Systems

ADDISON, TEXAS--(Dec. 1, 2010) - Southwest Solutions Group announced today that it has purchased Automated Business Systems, a Spacesaver Area Contractor in Lenexa, Kansas. Automated Business Systems has been serving Kansas and half of Missouri for over 30 years with space and information management solutions. Aaron Reynolds (Principal at Automated Business Systems) will serve as Southwest...

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Mergers & Acquisitions

Ahlstrom to Exit Sealing & Shielding BusinessThrough the Sale of Altenkirchen Site in Germany

Ahlstrom Corporation, a global leader in nonwovens and specialty papers, has today signed an agreement to exit its Sealing & Shielding business unit through the sale of Ahlstrom Altenkirchen GmbH in Germany. The acquirer is Interface Solutions, a portfolio company of Pennsylvania-based family owned private equity fund Susquehanna Capital. The value of the transaction is approximately EUR 6.5...

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Mergers & Acquisitions

Nortek to Acquire Ergotron, Inc.

Innovative leader of ergonomic digital display mounting and mobility products to enhance Nortek's business portfolio. PROVIDENCE, R.I., Dec. 3, 2010 - Nortek, Inc. ( Nortek") (OTC QB: NTKS), a leading diversified global manufacturer of innovative, branded residential and commercial ventilation, HVAC and home technology convenience and security products, announced today it has signed a definitive...

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Mergers & Acquisitions

Reliance Steel & Aluminum Co. Acquires Lampros Steel, Inc

Los Angeles, CA - December 3, 2010 - Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it has acquired the outstanding capital stock of Lampros Steel, Inc. and a related interest in Lampros Steel Plate Distribution LLC. Lampros Steel, Inc. is a steel service center company specializing in structural steel shapes with a facility located in Portland, Oregon. Lampros Steel Plate...

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Mergers & Acquisitions

Gerber Scientific, Inc. Signs Definitive Agreement to Sell Gerber Coburn Ophthalmic Lens Processing Unit

SOUTH WINDSOR, Conn., Dec. 2, 2010 - Gerber Scientific, Inc. ( the Company") (NYSE: GRB) today announced that it had entered into an agreement to sell its ophthalmic lens processing business, Gerber Coburn, to Coburn Technologies, Inc. for $21.0 million. The Company expects to use the net proceeds of approximately $19 million, after fees and expenses, to reduce its outstanding debt and for...

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Mergers & Acquisitions

MHI Acquires Artemis Intelligent Power, a UK Venture Company, to Secure Unique Hydraulic Power Drive Technology

Tokyo, Dec 3, 2010 - Mitsubishi Heavy Industries, Ltd. (MHI) has reached an agreement with the shareholders of Artemis Intelligent Power, Ltd., an R&D and engineering firm in the UK, enabling MHI to purchase Artemis's entire equity. Through the acquisition recently completed, MHI aims to secure unique hydraulic power drive technology owned by Artemis. By applying the technology to its wide range...

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