Mergers & Acquisitions

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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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

Accuvant Acquires Ciphent

Combined Company to Offer Industry's Most Robust Portfolio of Information Security Solutions for Enterprise Accounts, Federal Organizations and Mid-Market Companies DENVER, Sept. 20 - Accuvant, the only research-driven information security partner delivering alignment, clarity and confidence to enterprise clients, announced today that it has acquired Ciphent, a provider of world-class cyber...

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Mergers & Acquisitions

Acklands-Grainger Inc. Acquires Solus Securite Inc.

CHICAGO, Sept. 20 - Grainger today announced that its Canadian subsidiary, Acklands-Grainger Inc., Canada's largest distributor of industrial, safety and fastener supplies, has purchased Solus Securite Inc. effective September 17, 2010. With 2009 sales of approximately C$20 million, Solus Securite is a leading fire protection and safety distributor in Quebec with locations in Trois Rivieres,...

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Mergers & Acquisitions

Boston Scientific to Acquire Asthmatx

Asthmatx offers first FDA-approved non-drug procedure for the treatment of severe asthma NATICK, Mass. and SUNNYVALE, Calif., Sept. 20 - Boston Scientific Corporation (NYSE: BSX) today announced the signing of a definitive merger agreement, under which Boston Scientific will acquire Asthmatx, Inc., a privately held company in Sunnyvale, California. Asthmatx designs, manufactures and markets a...

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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, are...

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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 is not...

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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

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

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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