Mergers & Acquisitions

Mergers & Acquisitions

DE-STA-CO Acquires Industrial Motion Control, LLC

Auburn Hills, Michigan, February 6, 2008 - DE-STA-CO, the worldwide leader in robotic tooling, workholding and flexible industrial automation solutions, recently announced the acquisition of Industrial Motion Control, LLC (IMC). Headquartered in Wheeling, Illinois, with additional facilities in Belgium and China, IMC serves a global customer base and boasts annual revenues of $50 million. IMC is...

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Mergers & Acquisitions

Constellation Energy Wins Bidding for Unfinished Calpine Gas Plant in Alabama

Plant Expected to be Operational in 2010 and Produce 774 Megawatts BALTIMORE, Feb. 6 - Constellation Energy (NYSE:CEG) today announced that its subsidiary, CER Generation, LLC, has won a court-approved auction for Calpine Corporation's (NYSE:CPN-WI) Hillabee Energy Center, a partially completed gas-fired power project near Alexander City, Ala. The company's purchase price for the facility is...

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Mergers & Acquisitions

Exar Acquires Exclusive Ownership for Digital Power Patents

FREMONT, Calif., Feb. 6 - Exar Corporation (NASDAQ:EXAR) today announced that it had acquired exclusive rights to all of Fyrestorm Inc.'s intellectual property, including rights to 30 patents related to digital predictive algorithms. Fyrestorm was a private venture-funded company that developed an all-digital adaptive loop control technology designed to enable efficient and extremely fast...

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Mergers & Acquisitions

CounterPath Establishes Leadership Position in VoIP Market with Strategic Acquisition of BridgePort Networks

Becomes first VoIP solution one stop shop" for service provider and enterprise customers by adding carrier-class Fixed Mobile Convergence (FMC) solutions to growing portfolio VANCOUVER, Feb. 5 - CounterPath Corporation (OTCBB: COPA), a leading provider of desktop and mobile VoIP software products and solutions, today announced that it has acquired BridgePort Networks, Inc., a leading innovator in...

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Mergers & Acquisitions

BOS Announces the Signing of a Definitive Agreement for the Acquisition of Assets of Dimex Systems Ltd.

RISHON LEZION, Israel, January 30/ -- B.O.S. Better Online Solutions Ltd. ( BOS" or the "Company")(NASDAQ: BOSC)(TASE: BOSC), a leading provider of enterprise software and RFID solutions, announced today that it entered into a definitive agreement for the acquisition of assets and activities of Dimex Systems Ltd. ("Dimex"). Closing of the transaction, expected in the first quarter of 2008, is...

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Mergers & Acquisitions

Noble Systems® Announces Acquisition of AMCAT(TM)

Atlanta, GA - November 7, 2007: Noble Systems Corporation, a global leader in innovative contact center technology solutions, announced today that it has acquired AMCAT(TM), AMCAT UK LTD, and AMCAT Germany GmbH. Noble Systems and AMCAT are significant providers in the contact center technology space all across the world. Noble Systems' significant presence in the large-enterprise market, along...

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Mergers & Acquisitions

Microsoft Proposes Acquisition of Yahoo! for $31 Per Share

Transaction valued at approximately $44.6 billion in cash and stock; Provides 62 percent premium to current trading price for Yahoo! shareholders; Combined entity to create a more competitive company while providing superior value to shareholders and better choice and innovation for customers and partners REDMOND, Wash., Feb. 1 -- Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a...

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Mergers & Acquisitions

Praxair Acquires Packaged Gases Business

DANBURY, Conn., February 4, 2008 - Praxair Distribution, Inc., a subsidiary of Praxair, Inc. (NYSE: PX), has acquired Kirk Welding Supply, Inc. of Kansas City, Missouri. Financial terms of the transaction were not disclosed. The acquired company had sales of $28 million in 2007. Through 10 locations in eastern Kansas and western Missouri, the company sells high-pressure industrial and specialty...

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Mergers & Acquisitions

CBIZ Acquires Major Provider of Innkeepers' Insurance

CLEVELAND, Feb. 5 - CBIZ, Inc. (NYSE:CBZ) today announced that effective February 1, 2008, it has acquired substantially all the assets of NAIS, Inc., which provides innkeepers insurance programs marketed through James Wolf Insurance and Old Line Insurance. NAIS, Inc., located in Frederick, MD, is one of the largest providers of innkeepers' insurance in the United States. NAIS, Inc. was initially...

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Mergers & Acquisitions

ChoicePoint® Acquires Optimal Decision Group (ODG) to Enhance Insurance Analytics Capabilities

ALPHARETTA, Ga., Feb. 5 - ChoicePoint (NYSE:CPS) today announced it is acquiring Optimal Decision Group, a firm that develops and deploys advanced analytics and software to the insurance industry. The purchase of ODG will create additional value for clients by integrating ODG's pricing optimization into ChoicePoint's Data Services transactional products. The transaction is not expected to have a...

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