Mergers & Acquisitions

Mergers & Acquisitions

Boeing Announces Agreement to Acquire Summit Aeronautics Group in Montana

Provides additional capacity to manufacture titanium and other hard metals structures SEATTLE, Nov. 22, 2010 -- Boeing (NYSE: BA) announced today that it has agreed to acquire the business and operations conducted by Summit Aeronautics Group in Helena, Mont. Summit employs 135 people to manufacture titanium and other hard metal structures for commercial and military aircraft. This acquisition...

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Mergers & Acquisitions

Boeing to Acquire Military Logistics Provider CDM Technologies

o Acquisition supports Boeing's growth strategy for logistics command and control. o CDM Technologies' logistics optimization software enables U.S. military customers to efficiently move people and assets around the world. o Boeing subsidiary Tapestry Solutions will fully integrate CDM Technologies' employees and capabilities into its existing business. ST. LOUIS, Nov. 16, 2010 -- Boeing (NYSE:...

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Mergers & Acquisitions

Broadcom Corporation to Acquire Gigle Networks Inc.

Broadcom Expands Its Connected Home Portfolio with the Addition of Gigle Networks' Powerline Networking Technology IRVINE, Calif., Nov. 22, 2010 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Gigle Networks Inc., a privately-held company that develops...

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Mergers & Acquisitions

Elbit Systems Completes the Acquisition of Mikal's Holdings in Soltam, Saymar and ITL

HAIFA, Israel, Oct. 17 -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ( Elbit Systems ) announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd. ( Soltam ), Saymar Ltd. ( Saymar ) and ITL Optronics Ltd. ( ITL ) that were held by Mikal Ltd. ( Mikal ) and its subsidiaries. With...

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Mergers & Acquisitions

Metals USA Holdings Corp. Announces Acquisition

FORT LAUDERDALE, Fla., Nov. 22, 2010 - Metals USA Holdings Corp. (NYSE: MUSA), a leading provider of processed carbon steel, stainless steel, aluminum and other metals, announced today that it has entered into an agreement to purchase an affiliate of Eagle Steel Products, Inc. which will be named Ohio River Metal Services, Inc. ( ORMS ). Located on the banks of the Ohio River in Jeffersonville,...

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Mergers & Acquisitions

Novell Agrees to be Acquired by Attachmate Corporation for $6.10 Per Share in Cash

WALTHAM, Mass., Nov. 22, 2010 - Novell, Inc. (Nasdaq: NOVL), the leader in intelligent workload management, today announced that it has entered into a definitive merger agreement under which Attachmate Corporation would acquire Novell for $6.10 per share in cash in a transaction valued at approximately $2.2 billion. Attachmate Corporation is owned by an investment group led by Francisco Partners,...

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Mergers & Acquisitions

UTC Offers to Acquire Remaining Interest in Clipper Windpower

HARTFORD, Conn., Oct. 18 - United Technologies Corp. (NYSE: UTX) has reached agreement with the management and independent members of the board of directors of Clipper Windpower Plc (CWPL) on the terms of a cash offer by UTC to acquire all remaining shares of Clipper. Clipper is a California-based wind turbine manufacturer that trades on the AIM Market of the London Stock Exchange plc. UTC...

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Mergers & Acquisitions

Akibia, Inc. to Merge with Zensar

Merger with India-based IT services firm enables Akibia to bring dual-shore solutions to its Infrastructure Management, IT Support and Managed Services customers WESTBOROUGH, Mass. and MUMBAI, India, Nov. 22, 2010 -- PSI Holding Group, Inc., the parent company of Akibia, Inc., and Zensar Technologies, Inc. USA today announced that the two companies have entered into a definitive agreement for...

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Mergers & Acquisitions

Robbins & Myers and T-3 Energy Services Set January 7 Date for Shareholder Meetings on Merger

DAYTON, Ohio and HOUSTON, Nov. 18, 2010 -- Robbins & Myers, Inc. (NYSE: RBN) and T-3 Energy Services, Inc. (Nasdaq: TTES) jointly announced today that Robbins & Myers and T-3 Energy Services, Inc. will hold special shareholders meetings on January 7, 2011 to approve the merger of T-3 with a subsidiary of Robbins & Myers. Robbins & Myers and T-3 shareholders as of the close of business on November...

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Mergers & Acquisitions

EMC Commences Tender Offer for All Outstanding Shares of Isilon

HOPKINTON, Mass., Nov. 19, 2010 -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, announced today commencement of a cash tender offer to purchase all outstanding shares of common stock of Isilon Systems, Inc. (Nasdaq: ISLN) for $33.85 in cash without interest and less any required withholding taxes. The tender offer is being made pursuant to a previously...

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