Mergers & Acquisitions

Mergers & Acquisitions

VeriFone Announces Proposal to Hypercom Corporation Board of Directors

SAN JOSE, CA. - September 29, 2010 - VeriFone Systems, Inc. (NYSE: PAY) today announced that it has sent a letter to the Board of Directors of Hypercom Corporation, detailing a proposal to acquire all of the outstanding shares of Hypercom for $5.25 per share in cash. The full text of the letter follows: September 27, 2010 Confidential BOARD OF DIRECTORS HYPERCOM CORPORATION 8888 E. Raintree...

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Mergers & Acquisitions

Raytheon Acquires Technology Associates to Expand Cybersecurity Capabilities

WALTHAM, Mass., Oct. 4, 2010 -- Raytheon Company (NYSE: RTN) has acquired Technology Associates Inc., a privately held company that delivers full life-cycle computer engineering to mission-critical programs in the U.S. intelligence community. Technology Associates' capabilities include data extraction and analysis; digital media intercept and exploitation; embedded system programming; and...

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Mergers & Acquisitions

Vaisala Sells Its Oxygen Measurement Business to SICK Maihak GmbH

Vaisala has signed a contract to sell its oxygen measurement technology and business to SICK Maihak GmbH. The oxygen products belong to Controlled Environment business area's offering. The divestment of oxygen business supports Controlled Environment's strategy to focus on the selected market segments of life science and high technology, building automation and targeted industrial applications....

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Mergers & Acquisitions

GE Expands Its Waste-to-Energy Capabilities, Acquiring Green Technology from Innovator Calnetix Power Solutions

Move Allows GE's Jenbacher Gas Engine Business to enter $1 Billion Waste Heat Recovery Segment JENBACH, Austria & STUART, Fla.--01 October 2010-- Further expanding its diverse portfolio of power generation technologies, GE (NYSE: GE) today announced the acquisition of substantially all of the assets of Calnetix Power Solutions (CPS), a Florida-based company that develops innovative technology for...

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Mergers & Acquisitions

PennEngineering® Acquires QRP, Incorporated

DANBORO, PA, October 1, 2010 - PennEngineering®, a global leader in fastening technologies, today announced the acquisition of QRP, Incorporated (Leland, NC), which specializes in the manufacture of quick release pins, lanyards, latches, and access fastener products. Terms of the transaction between the two privately held companies were undisclosed. The acquisition was completed on...

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Mergers & Acquisitions

Reliance Steel & Aluminum Co. Acquires Diamond Consolidated Industries, Inc. and Affiliates

Los Angeles, CA -- October 1, 2010 -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it has acquired the outstanding capital securities of Diamond Consolidated Industries, Inc. and affiliated companies effective today. The operating entities consist of Diamond Manufacturing Company located in Wyoming, Pennsylvania and Diamond Manufacturing Midwest in Michigan City, Indiana that...

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Mergers & Acquisitions

Newfield Exploration to Present at Upcoming Events

HOUSTON, Sept. 30 -- Newfield Exploration Company (NYSE: NFX) is scheduled to present at the following events. A live webcast of the presentation and the accompanying slides will be made available through Newfield's website at http://www.newfield.com. Johnson Rice Energy Conference 10:45 a.m. (Central), October 6, 2010 Bank of America Merrill Lynch Global Energy Conference 2:05 p.m. (Eastern),...

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Mergers & Acquisitions

AME Completes Asset Purchase of Metalcut

Global leader in carbide sawing systems acquired by leading machine tool component and carbide saw machine manufacturer Advanced Machine & Engineering (AME), the Rockford, Illinois-based manufacturer of various machine tool components and auxiliary equipment, today announced the asset purchase of the Metalcut Carbide Saw Division of Centro-Metalcut, also of Rockford and a longtime global industry...

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Mergers & Acquisitions

GE Expands European Presence with Artesis Teknoloji Sistemleri Agreement

ISTANBUL, TURKEY - September 29, 2010 - GE (NYSE: GE) is further expanding its presence in Europe with an agreement with Artesis Teknologi Sistemleri, a predictive maintenance technology manufacturer headquartered in Istanbul, Turkey. Under this agreement, GE will acquire an equity share of the company, and Artesis will manufacture a range of GE's intelligent condition monitoring products...

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Mergers & Acquisitions

Marketron Acquires mSnap

Acquisition Creates the Largest Broadcast-Based Mobile Ad Network and Opens the Door to Mobile Advertising for Radio, Television, Cable and Other Media Channels HAILEY, Idaho, Sept. 29 - Marketron, the leading provider of business software solutions and services for the media industry, today announced that it has acquired mSnap, the largest broadcast-based mobile advertising network in the U.S....

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