Mergers & Acquisitions

Mergers & Acquisitions

Dematic Group Completes Acquisition of HK Systems, Inc.

Grand Rapids, MI, September 16, 2010 --- Dematic Group, a leading global supplier of integrated material handling solutions and services, announces today that it has successfully completed the acquisition of HK Systems, a North American automated material handling and software solutions provider. This strategic union was made final on September 15, 2010. John K. Baysore, Chief Executive Officer,...

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Mergers & Acquisitions

Ahlstrom's Acquisition of Shandong Puri Filter & Paper Products Confirmed

Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the acquisition of Shandong Puri Filter & Paper Products Limited in China from the Purico Group. Shandong Puri Filter & Paper Products Limited is a producer of transportation filtration media and operates a plant in Binzhou in the province of Shandong in northeastern China. The site currently employs 170...

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Mergers & Acquisitions

GTEC to Acquire Zytel Corporation

Adds new Intelligence Community customer base with strong cyber and intelligence capabilities MCLEAN, Va., Sept. 13 - Global Defense Technology & Systems, Inc. (NASDAQ:GTEC), a provider of mission-critical, technology-based systems, solutions and services for national security agencies and programs of the U.S. government, today announced that it had entered into a definitive agreement to acquire...

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Mergers & Acquisitions

Trimble Acquires Cengea to Expand Its Forestry Solutions

SUNNYVALE, Calif., Sept. 13 - Trimble (NASDAQ: TRMB) announced today it has acquired privately-held Cengea Solutions Inc., based in British Columbia. Cengea is a leading provider of spatially-enabled business operations and supply chain management software for the forestry, agriculture and natural resource industries. The acquisition is part of Trimble's strategic initiative to bring productivity...

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Mergers & Acquisitions

HP to Acquire ArcSight

o Acquisition will expand HP's software and security portfolio and accelerate growth o Combination will provide customers the ability to proactively monitor real-time events, assess risks and respond quickly to threats PALO ALTO and CUPERTINO, Calif., Sept. 13, 2010 - HP and ArcSight Inc.(Nasdaq: ARST) today announced that they have signed a definitive agreement for HP to acquire ArcSight, a...

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Mergers & Acquisitions

Sumitomo Corporation and Sumitomo Corporation of America Acquire Leading Value Added Cosmetic Chemical Formulator & Distributor Presperse LLC

Investment Accelerates Sumitomo's Presence in Global Cosmetics Market SOMERSET, N.J., Sept. 10 -- Sumitomo Corporation (SC) and its wholly-owned subsidiary Sumitomo Corporation of America (SCOA), jointly known as Sumitomo, have entered an agreement to acquire Presperse LLC, a leading value-added global formulator and distributor of specialty ingredients and formulated solutions for the cosmetic...

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Mergers & Acquisitions

Telestream Completes Acquisition of Anystream

NEVADA CITY, Calif., Sept. 10 -- Telestream, the leading provider of digital media tools and workflow solutions, today announced that it has completed the acquisition of Anystream, a leading provider of enterprise-class video production and management solutions. Combining the experience, strength and technologies of both companies propels Telestream to the dominant position in the video...

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Mergers & Acquisitions

Power-Save Energy Company Announces Filing of 8K

SAN LUIS OBISPO, Calif., Sept. 8 - Power-Save Energy Company (BULLETIN BOARD: PWSV) , announced today that it has filed an 8K with the SEC disclosing the Entry into a Material Definitive Agreement with Vica Energy, Ltd. The completion of this asset acquisition will be determined after conclusion of due diligence and a shareholder vote. The 8K that was filed today with the SEC reads: A....

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Mergers & Acquisitions

QXM Receives Proposal from Its Parent Company XING Regarding Purchase of Minority Shareholdings

BEIJING, Sept. 9 - 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 it has received a proposal from its parent company, Qiao Xing Universal Resources, Inc. (Nasdaq: XING, or "XING"), regarding the acquisition of all outstanding ordinary shares of QXM that XING does...

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Mergers & Acquisitions

Ball Increases Ownership in Brazilian Joint Venture; Pedro Henrique Mariani Joins Ball as Advisory Director

BROOMFIELD, Colo., Sept. 9 - Ball Corporation (NYSE:BLL) announced today that the company has acquired an additional 10.1 percent economic interest in its Brazilian beverage packaging joint venture, Latapack-Ball Embalagens, Ltda. The transaction increases Ball's overall ownership in the joint venture to approximately 60 percent. Latapack-Ball's results will be consolidated and reported in Ball...

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