Mergers & Acquisitions

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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Mergers & Acquisitions

Clark-Reliance Acquires Oil Filtration Systems, Inc.

STRONGSVILLE, OH - September 13, 2010 - The Clark-Reliance Corporation has acquired Oil Filtration Systems, Inc., of Boerne, Texas in a cash transaction. Terms of the deal were not disclosed by the two private companies. Oil Filtration Systems makes oil and fuel filtration systems for petroleum and chemical industry applications. Most of the company's products and services involve the removal of...

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Mergers & Acquisitions

QXM Informs Parent Company It Requires Additional Time to Evaluate Acquisition Proposal

BEIJING, Sept. 17 - Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM) ( QXM" or the "Company"), a manufacturer of mobile handsets in the People's Republic of China (the "PRC"), today announced that the special committee of its board of directors (the "Special Committee") has advised QXM's parent company, Qiao Xing Universal Resources, Inc. (Nasdaq: XING, or "XING"), that the Special Committee...

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Mergers & Acquisitions

Thor Industries Acquires Heartland RV

JACKSON CENTER, Ohio, Sept. 17 - Thor Industries, Inc. (NYSE:THO) today announced its acquisition of Heartland Recreational Vehicles, LLC ( Heartland"), a privately-held manufacturer of towable recreation vehicles based in Elkhart, Indiana, for $100 million in cash and 4,300,000 shares of Thor Industries, Inc. common stock, subject to adjustment. The acquisition is expected to be accretive to...

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Mergers & Acquisitions

Bringing the 'Internet of Everything' a Step Closer

Altium acquires Morfik to help electronics designers add cloud connectivity to anything SYDNEY, Sept. 15 -- Altium has announced it intends to acquire Morfik Technology. The deal is subject to due diligence now under way. Morfik is an Australian software company. Its products are used by professional software engineers to design, engineer and deploy cloud-based software applications. Morfik's...

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Mergers & Acquisitions

Cellu Tissue Holdings, Inc. to be Acquired by Clearwater Paper Corporation

ALPHARETTA, Ga., Sept. 16 -- Cellu Tissue Holdings, Inc. (NYSE:CLU) (the Company"), a North American producer of tissue products, today announced that it has entered into a definitive merger agreement with Clearwater Paper Corporation ("Clearwater") pursuant to which Clearwater would acquire all of the outstanding common stock of the Company in an all-cash transaction which values the Company at...

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Mergers & Acquisitions

Motorola Acquires Aloqa GmbH

Acquisition to Enhance MOTOBLUR(TM) with Context-Aware Mobile Platform and Related Services SCHAUMBURG, Ill., Sept. 16 -- Motorola, Inc. (NYSE: MOT) today announced that it has acquired Aloqa GmbH, a privately-held, leading developer of location-based software and technologies that are designed to enable the discovery of relevant web content by mobile smartphone users. Terms of the transaction...

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Mergers & Acquisitions

FirstEnergy Shareholders Approve Proposals Related to Allegheny Energy Merger

AKRON, Ohio, Sept. 14 - FirstEnergy Corp. (NYSE: FE) today announced that its shareholders have overwhelmingly approved proposals related to the company's proposed merger with Allegheny Energy (NYSE:AYE). Results indicate that the first proposal - authorizing and approving issuance of FirstEnergy shares and the other transactions contemplated by the merger agreement - was approved by 79.1 percent...

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Mergers & Acquisitions

Teknor Apex Acquires Sarlink® TPV Unit from DSM, Citing 'A Natural Fit' with Its Own Diversified Compounding Business

PAWTUCKET, RI, U.S.A., September 15, 2010: Teknor Apex Company has agreed to purchase the worldwide Sarlink® thermoplastic vulcanizate (TPV) elastomer business from Royal DSM N.V., the company announced today. Sarlink operates compounding facilities in Leominster, MA, U.S.A. and Genk, Belgium and has extensive engineering and laboratory resources for application development. Teknor Apex...

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Mergers & Acquisitions

RealNetworks Acquires Backstage Technologies

Real's GameHouse network now reaches more than 13 million monthly active users on social networks and 60 million monthly active users overall SEATTLE, Sept. 14 - RealNetworks®, Inc. (NASDAQ: RNWK), the digital entertainment services company, today announced it has acquired Canadian social games company Backstage Technologies Inc. Backstage will add valuable expertise in both engineering and...

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