Mergers & Acquisitions

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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Mergers & Acquisitions

Surecomp Acquires DOS Dialog Orientierte Software GmbH

Hamburg, Germany - September 21, 2010 - Surecomp Inc., a world leader in the development and licensing of wholesale banking solutions announced today that it has acquired Hamburg based DOS Dialog Orientierte Software GmbH (DOS), a long-established German banking software vendor. DOS founders, Mr. Jochen OberlÃ-¤nder and Mr. Klaus Schmelzeisen, will remain with the company and take on new...

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Mergers & Acquisitions

Ceragon Acquires Next Generation RFIC Design House

Adding Long-Time Design Partner, Strengthens Company's Leadership Position in High-Capacity Radio Technology PARAMUS, New Jersey, September 20, 2010/ - Ceragon Networks Ltd. (NASDAQ: CRNT), the provider of high-capacity, 4G/LTE-Ready wireless backhaul networks, today announced that it has acquired all the shares of privately-held Elxys Innovations, of Athens, Greece. Elxys is a designer of...

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Mergers & Acquisitions

IBM to Acquire Netezza

Expands Business Analytics Capabilities Through Workload Optimized Systems ARMONK, N.Y. and MARLBOROUGH, Mass., Sept. 20, 2010 -- IBM (NYSE: IBM) and Netezza Corporation (NYSE: NZ) today announced they have entered into a definitive agreement for IBM to acquire Netezza, a publicly held company based in Marlborough, Mass., in a cash transaction at a price of $27 per share or at a net price of...

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Mergers & Acquisitions

Synchronica Acquires Iseemedia to Become Market Leader in Messaging Solutions for Emerging Markets

Highlights: o Acquisition expands Synchronica's addressable market to 44 carriers totalling 853 million subscribers worldwide o Additional contracts with large mobile operators in India provide Synchronica with valuable access to the second largest mobile market in the world o Iseemedia's patent-pending document transcoding engine to be integrated into Mobile Gateway; will reduce network...

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Mergers & Acquisitions

Accuvant Acquires Ciphent

Combined Company to Offer Industry's Most Robust Portfolio of Information Security Solutions for Enterprise Accounts, Federal Organizations and Mid-Market Companies DENVER, Sept. 20 - Accuvant, the only research-driven information security partner delivering alignment, clarity and confidence to enterprise clients, announced today that it has acquired Ciphent, a provider of world-class cyber...

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Mergers & Acquisitions

Acklands-Grainger Inc. Acquires Solus Securite Inc.

CHICAGO, Sept. 20 - Grainger today announced that its Canadian subsidiary, Acklands-Grainger Inc., Canada's largest distributor of industrial, safety and fastener supplies, has purchased Solus Securite Inc. effective September 17, 2010. With 2009 sales of approximately C$20 million, Solus Securite is a leading fire protection and safety distributor in Quebec with locations in Trois Rivieres,...

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Mergers & Acquisitions

Boston Scientific to Acquire Asthmatx

Asthmatx offers first FDA-approved non-drug procedure for the treatment of severe asthma NATICK, Mass. and SUNNYVALE, Calif., Sept. 20 - Boston Scientific Corporation (NYSE: BSX) today announced the signing of a definitive merger agreement, under which Boston Scientific will acquire Asthmatx, Inc., a privately held company in Sunnyvale, California. Asthmatx designs, manufactures and markets a...

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Mergers & Acquisitions

Wmode Acquires APP Developer Widality

Merger leverages Wmode technology and Widality app experience to deliver application lifecycle management services CALGARY, Sept. 16 - Wmode®, a leading managed-services provider of mobile Internet services to operators, today announced the acquisition of Widality®, an industry-leading B2B mobile app development and services company. Wmode and Widality, two privately held companies,...

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