Mergers & Acquisitions

Mergers & Acquisitions

Transcat Acquires Calibration Lab from ACA TMetrix Inc.

o Expands Service Capabilities in Canada ROCHESTER, NY, November 1, 2010 - Transcat, Inc. (Nasdaq: TRNS) ( Transcat" or the "Company"), a leading distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and weighing system services, announced today that it has acquired from ACA TMetrix Inc., its calibration and repair service...

Read More »
Mergers & Acquisitions

AT&T Acquires Assets from inCompass Wireless to Expand Its Mobile Enterprise Solutions and Services Expertise

AT&T Furthers Commitment to Help Customers 'Mobilize Everything' with Addition of inCompass Wireless Team DALLAS, Nov. 2, 2010 - AT&T* today announced it has acquired certain assets, and hired certain employees, from inCompass Wireless (formerly inCode Telecom's Enterprise Mobility Solutions Group). The immediate addition of this inCompass Wireless team expands AT&T's enterprise mobility...

Read More »
Mergers & Acquisitions

Webroot Acquires Prevx

Two Cloud Security Leaders Join Forces to Transform How Security is Delivered BOULDER, Colo., Nov. 1, 2010 - Webroot, the first Internet security service company, today announced it has acquired Prevx, provider of the world's most scalable and effective cloud-based anti-malware solutions. Webroot will integrate Prevx's technology into its cloud security services to deliver the industry's most...

Read More »
Mergers & Acquisitions

Phoenix Receives Proposal from the Gores Group to Acquire the Company for $4.20 Per Share in Cash

Phoenix Receives Proposal from the Gores Group to Acquire the Company for $4.20 per Share in Cash MILPITAS, Calif., Oct. 29 -- Phoenix Technologies Ltd.(Nasdaq: PTEC), the global leader in core systems software (CSS), today announced it has received an unsolicited proposal from the Gores Group to acquire all outstanding shares of Phoenix common stock for $4.20 per share in cash, or approximately...

Read More »
Mergers & Acquisitions

Lufkin Industries Announces Acquisition of Petro Hydraulic Lift Systems

LUFKIN, Texas,Nov. 1, 2010 - Lufkin Industries, Inc. (Nasdaq: LUFK) today announced that it has acquired the operating assets of Petro Hydraulic Lift Systems, LLC (PHL) and certain related companies. PHL, based in South Louisiana, specializes in the design, manufacture and leasing of hydraulic rod pumping units for oil and gas wells. We believe the acquisition of PHL will be a solid strategic fit...

Read More »
Mergers & Acquisitions

IBM Closes Acquisition of BLADE Network Technologies

ARMONK, N.Y., Oct. 29 - IBM (NYSE: IBM) today announced it has closed the acquisition of BLADE Network Technologies (BLADE), a privately held company based in Santa Clara, CA. Financial details were not disclosed. The companies announced on September 27, 2010 a definitive agreement to pursue the acquisition. BLADE will become part of IBM Systems and Technology Group. The company specializes in...

Read More »
Mergers & Acquisitions

Global Crossing Acquires Genesis Networks

Strategic acquisition adds innovative video solutions in broadcast, media, special event and entertainment customer segments FLORHAM PARK, N.J., Nov. 1, 2010 -- Global Crossing (Nasdaq: GLBC), a leading IP solutions provider with the world's first integrated global IP-based network, today announced that it has acquired global video services provider Genesis Networks, an innovator in...

Read More »
Mergers & Acquisitions

Wilson Tool Announces Acquisition of Exacta Precision and Exacta Fabtool

The merger will result in enhanced product offerings, expanded manufacturing capabilities and even more robust customer service. WHITE BEAR LAKE, MINN. (November 3, 2010) - Wilson Tool International today announced that it has acquired Exacta Precision and Exacta FabTool of Toronto, Canada. Like Wilson Tool, Exacta has been a supplier of high-quality tooling for the fabrication and stamping...

Read More »
Mergers & Acquisitions

Regal Beloit Acquires Majority Interest in Elco Group B.V.

November 1, 2010 (BELOIT, WI): Regal Beloit Corporation (NYSE: RBC) today announced that it has acquired 55% of Elco Group B.V. ( Elco"). Elco manufactures and sells motors, fans and blowers and has manufacturing facilities in Italy, China, and Brazil. Elco's management will continue to lead the company following the acquisition. The acquisition is expected to add approximately $10 million to...

Read More »
Mergers & Acquisitions

Acquisition Combines Two Well-Respected Names in the Cutting Tool Industry

(Bedford, IN - Oct. 27, 2010) Whitney Tool Company of Bedford, Indiana announces the acquisition of Cogsdill Enterprises of Walled Lake, Michigan. Both companies enjoy long-term reputations for excellent quality and customer service. The announcement comes as Whitney Tool celebrates its 40th year as a manufacturer of high quality industrial cutting tools. Cogsdill Enterprises has designed and...

Read More »