Mergers & Acquisitions

Mergers & Acquisitions

Harris Corporation to Acquire Schlumberger Global Connectivity Services; Broadens Global Managed Satellite Communications Services Capabilities

MELBOURNE, Fla. and HOUSTON, Nov. 8, 2010 - Harris Corporation (NYSE: HRS) an international communications and information technology company, has entered into a definitive agreement to acquire the Global Connectivity Services (GCS) business from Schlumberger Information Solutions, an operating unit of Schlumberger Limited (NYSE: SLB). The acquisition will significantly extend Harris'...

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Mergers & Acquisitions

Solutia Announces Sale of Perkalink® Business and Select Primary Accelerators Assets

Continues strategic focus on high-value products with world-leading positions ST LOUIS, Nov. 8, 2010 - Solutia Inc. (NYSE: SOA) announced today that it has sold its Perkalink® business and entered into a definitive agreement to sell select Primary Accelerators assets to LANXESS, a Germany-based specialty chemicals company. The sale of the Perkalink business is yet another strategic step...

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Mergers & Acquisitions

Wabtec Acquires Swiger Coil Systems, a Leading Manufacturer of Traction Motors, Electric Coils

WILMERDING, Pa., Nov. 8, 2010 - Wabtec Corporation (NYSE: WAB) has acquired substantially all of the assets of Swiger Coil Systems, a leading manufacturer of traction motors and electric coils for rail and power generation markets. The company is based in Cleveland, Ohio, and has annual sales of about $35 million. Wabtec expects the transaction to be accretive in the first year. Founded in 1975,...

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Mergers & Acquisitions

GTEC to Acquire Signature Government Solutions, LLC

Adds Intelligence Community customer depth and comprehensive capabilities in mission-systems IT, Cyber Security and Intelligence Analysis GTEC secures commitments for new $100 million revolving credit facility MCLEAN, Va., Nov. 4, 2010 - Global Defense Technology & Systems, Inc. (Nasdaq: GTEC), a provider of mission-critical, technology-based systems, solutions and services for national security...

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Mergers & Acquisitions

Signature Consultants, LLC, Has Agreed to Sell Its Signature Government Solutions Unit to GLOBAL DEFENSE TECHNOLOGY & SYSTEMS, INC. (GTEC)

FT. LAUDERDALE, Fla., Nov. 5, 2010 -- Headquartered in Herndon, VA, Signature Government Solutions, LLC is a leading provider of sophisticated information technology and intelligence analysis services to support mission critical US Intelligence Community programs. Signature Government Solutions was established in 2003 as a division of Signature Consultants, LLC and became a stand-alone legal...

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Mergers & Acquisitions

Raytheon Expands Cybersecurity Portfolio with Acquisition of Trusted Computer Solutions

WALTHAM, Mass., Nov. 4, 2010 - Raytheon Company (NYSE: RTN) has acquired Trusted Computer Solutions (TCS),a privately held company that delivers a comprehensive portfolio of cross-domain, operating system and network security solutions. The acquisition is the seventh transaction related to the cybersecurity market for Raytheon since 2007, further advancing the company's ability to deliver the...

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Mergers & Acquisitions

iControl and uControl Announce Merger Agreement

Creates Market Leader and Advances Broadband Home Management Industry PALO ALTO, Calif., Nov. 4, 2010 - iControl Networks and uControl today announced that the companies have entered into a definitive merger agreement. The merger combines the two market leaders in broadband home management, and promises to deliver a best-in-class solution that includes interactive home security, energy management...

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Mergers & Acquisitions

Creaform Acquires Engineering Services Company Genicad

LÃ-©vis, November 10, 2010 - Creaform, a world-class technology company offering 3D engineering services and innovative 3D scanners, announced today the acquisition of Genicad, a leading Québec City company specializing in engineering, digital and mechanical design, project management and technical drawing. The acquisition became official October 29, 2010. The acquisition is part of...

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Mergers & Acquisitions

IDEX Corporation Acquires the Fitzpatrick Company

LAKE FOREST, Ill., Nov 01, 2010 - IDEX Corporation(NYSE: IEX) today announced the acquisition of The Fitzpatrick Company, a global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets. Fitzpatrick designs and manufactures customized size reduction, roll compaction and drying systems to support their customers' product development and...

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Mergers & Acquisitions

Beijer Electronics Acquires Part of the Taiwanese Technology Company Korenix

Beijer Electronics has acquired a minority share in the Taiwanese technology and data communications company Korenix Technology Co., Ltd. The company has sales of over 60 million SEK per year and about 70 employees. The acquisition is an important part of Beijer ElectronicsÂ-- growth plan in Asia and for business area Industrial Data Communications (IDC). Beijer Electronics acquires 37...

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