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Mergers & Acquisitions

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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Mergers & Acquisitions

APS Dynamics, Manufacturer of Vibration Shakers & Systems, Is Acquired by SPEKTRA, Manufacturer of Calibration & Vibration Control Systems

5 February 2008, Carlsbad, CA, USA - APS Dynamics, Inc., a leading designer and manufacturer of vibration shakers and systems for modal test excitation, low frequency calibration and component test, is pleased to announce that the Assets and Product Line have been acquired by SPEKTRA, the foremost designer and manufacturer of vibration and acoustic calibration systems. SPEKTRA will continue the...

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Mergers & Acquisitions

MTC Technologies, Inc. Announces Special Meeting of Stockholders to Adopt Agreement and Plan of Merger with BAE Systems, Inc.

DAYTON, Ohio, Feb. 6 -- MTC Technologies, Inc. (Nasdaq Global Select Market: MTCT), an industry-recognized provider of aircraft modernization and sustainment, professional services, C4ISR, and logistics solutions to the Department of Defense and national security agencies, announced today that a special meeting of stockholders called to adopt the Agreement and Plan of Merger dated December 21,...

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Mergers & Acquisitions

ON Semiconductor Completes Acquisition of CPU Voltage and PC Thermal Monitoring Business from Analog Devices, Inc.

PHOENIX, Ariz. - Jan. 2, 2008 - ON Semiconductor Corporation (NASDAQ: ONNN) today announced that it has completed its acquisition of the voltage regulation and thermal monitoring products for computing applications from Analog Devices, Inc. (NYSE: ADI). On Nov. 8, 2007, ON Semiconductor announced that it signed a definitive agreement to acquire these product lines from ADI. The total...

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Mergers & Acquisitions

Caterpillar Completes Acquisition of Shandong SEM Machinery Co., Ltd.

Caterpillar will continue investing in employee development, product improvements and customer support programs at SEM QINGZHOU CITY, China, Jan. 31 -- Caterpillar Inc. (NYSE:CAT) has received final regulatory approval and completed the purchase of the remaining shares of Shandong SEM Machinery (SEM), a leading wheel loader manufacturer in China. Caterpillar purchased a minority stake in SEM in...

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Mergers & Acquisitions

Automated Logic Corp. Establishes Branch Operations in Georgia, North Carolina, Wisconsin, Florida and Alabama

KENNESAW, Ga., Feb. 1 / -- Automated Logic Corp (ALC) has acquired the business of ALC Controls, Inc. (ALCC), an independent controls contractor with branch offices in Georgia, North Carolina, Wisconsin, Central Florida, and Central Alabama. Terms of the deal were not disclosed. Established in 1991, ALCC designs, installs, and services building control systems for commercial, industrial and...

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Mergers & Acquisitions

Sunburst EMS Announces Strategic Acquisition of New England Wire Assemblies

West Bridgewater Massachusetts, USA - Sunburst EMS announces the strategic acquisition of Salem, Mass. - based New England Wire Assemblies ('NEWire') on Friday, February 1, 2008. New England Wire Assemblies was founded in 1983 and specializes in the production of custom wire harnesses and cable assemblies. In making the announcement, Andrew Chase, President and CEO of Sunburst, said, The...

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Mergers & Acquisitions

DuPont Acquires Chemtura Fluorine Chemicals Business

Expands Specialty Businesses, Advances Development Strategy for More Sustainable Products WILMINGTON, Del., Feb. 1 -- DuPont (NYSE:DD) today announced that it has completed its purchase of Chemtura Corporation's fluorine chemicals business. The move is part of DuPont's strategy to expand its fluorochemicals business offerings; enhance its presence in specialty businesses such as the fire...

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Mergers & Acquisitions

Siemens to Acquire Heat-Recovery Steam Generator-Business of Balcke Dürr Austria

Erlangen, 2007-Dec-07 Siemens Power Generation (PG) has reached an agreement with Balcke-Durr GmbH Deutschland on the acquisition of the heat-recovery steam generator-business of Vienna-based Balcke Durr Austria GmbH. With this acquisition Siemens PG will add heat-recovery steam generators for combined cycle power plants to its portfolio. The purchase price was not disclosed. With a workforce of...

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