Mergers & Acquisitions

Mergers & Acquisitions

Ryan Herco Flow Solutions Acquires the Assets of Corrosion Products & Equipment's Piping Products Division

BURBANK, Calif., Sept. 23 --Ryan Herco Flow Solutions (www.rhfs.com) has acquired the assets of Corrosion Products & Equipment, Inc. Piping Products Division (www.corrosion-products.com) headquartered in Rochester, New York. Ryan Herco Flow Solutions, a national leader in the distribution of corrosion-resistant and ultra-pure engineered piping systems, flow control, automation, and fluid handling...

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Mergers & Acquisitions

Siemens Acquires Republic Intelligent Transportation Services

Agreement to Purchase Republic ITS Will Enhance Siemens' Complete Traffic Solutions Offering ATLANTA, Sept. 23 --Siemens Industry, Inc. (NYSE: SI) announced today that it has signed an agreement to acquire Republic Intelligent Transportation Services, Inc. (Republic ITS), headquartered in Novato, Calif. Upon close, the company will be named Republic ITS, Inc., a Siemens Company. Siemens will...

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Mergers & Acquisitions

HP Completes Acquisition of Fortify Software, Accelerating Security Across the Application Life Cycle

PALO ALTO, Calif., Sept. 22, 2010 - HP today announced it has completed its acquisition of Fortify Software. The combination bridges static and dynamic security analysis across the application life cycle to help clients proactively reduce business risk against malicious attacks. With Fortify Software's expertise and offerings, HP will offer a best-in-class solution that allows clients to properly...

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Mergers & Acquisitions

OMNOVA Solutions Announces Intention to Acquire Specialty Chemicals Manufacturer Eliokem International from AXA Private Equity

FAIRLAWN, Ohio, Sept. 22 o Significantly increases OMNOVA's total size and scale to sales of over US$1 billion and Adjusted EBITDA of US$129 million, based on last twelve months through May 2010. o Enhances Performance Chemicals segment's growth opportunities o Broadens Performance Chemicals' markets, applications and technologies o Expected to be accretive to earnings in 2012 o Management...

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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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