Mergers & Acquisitions

Mergers & Acquisitions

Color Kinetics' Shareholders Adopt Merger Agreement with Philips

BOSTON, Aug. 22 / -- Color Kinetics Incorporated (NASDAQ:CLRK) announced that its shareholders at a special meeting held in Boston, Massachusetts today adopted the merger agreement under which Color Kinetics is to be acquired by Philips Holding USA, Inc., a subsidiary of Koninklijke Philips Electronics, N.V. (NYSE:PHG)(NYSE:AEX:)(NYSE:PHI). The merger agreement was announced by Philips and Color...

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Mergers & Acquisitions

Con-way Completes Acquisition of Contract Freighters, Inc.

$750 Million Acquisition Expands Capabilities, Creates Unique Transportation and Logistics Enterprise SAN MATEO, Calif. and JOPLIN, Mo., Aug. 23 -- Con-way Inc. (NYSE:CNW) today announced that it has completed its $750 million acquisition of Contract Freighters, Inc. (CFI), a privately held North American truckload carrier based in Joplin, Mo. The acquisition adds to Con-way's portfolio a...

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Mergers & Acquisitions

Nordson Corporation Acquires TAH Industries

WESTLAKE, Ohio, Aug. 23 / -- Nordson Corporation (NASDAQ:NDSN) today announced that it has acquired TAH Industries, a manufacturer of motionless mixer dispensing systems for two component adhesives and sealants. The company is headquartered in Robbinsville, N.J., and employs approximately 180 people. TAH Industries specializes in the design and production of disposable plastic mixers and...

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Mergers & Acquisitions

Northrop Grumman Completes Acquisition of Scaled Composites, LLC

LOS ANGELES, Aug. 24 / -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40 percent to 100 percent. Scaled Composites is an aerospace and specialty composites development company located in Mojave, Calif., with broad experience in vehicle design, tooling, and manufacturing;...

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Mergers & Acquisitions

Exar Corporation Announces Results of Special Meeting of Stockholders Overwhelmingly Approving the Proposed Merger Transaction with Sipex Corporation

FREMONT, Calif., Aug. 23 -- Exar Corporation (NASDAQ:EXAR) today announced that its stockholders have voted to approve the issuance of shares of Exar common stock in Exar's proposed acquisition of Sipex Corporation pursuant to a merger agreement entered into with Sipex. Preliminary results indicate that more than 76.9% of the Exar shares outstanding on the record date for the Exar special meeting...

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Mergers & Acquisitions

Horizon Lines, Inc. Announces Acquisition of Aero Logistics

CHARLOTTE, N.C., Aug. 22-- Horizon Lines, Inc., (NYSE:HRZ) announced today that it has acquired Aero Logistics, a full service, third party logistics provider (3PL) headquartered in South San Francisco, CA. The terms of the acquisition were not disclosed. Aero Logistics designs and manages custom freight shipping and special handling programs for customers in service-sensitive industries...

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Mergers & Acquisitions

Zimmer Holdings Announces Agreement to Acquire ORTHOsoft, A Leader in Computer Assisted Orthopaedic Surgery

WARSAW, Ind. and MONTREAL, Aug. 23 -- Zimmer Holdings, Inc. (NYSE:ZMH), a leader in the orthopaedics industry, and ORTHOsoft Inc. (TSX-Venture: OSH), a leader in computer navigation for orthopaedic surgery, announced today that Zimmer has reached an agreement to make an offer to acquire all of ORTHOsoft's outstanding common shares in a cash transaction for CDN$1.10 per share (the Offer"). The...

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Mergers & Acquisitions

Exatec Confirms GE Plastics' Acquisition of Bayer Materialscience's Share of Exatec Joint Venture

WIXOM, MICHIGAN - August 27, 2007 - Exatec, LLC announces that GE Plastics has agreed to acquire Bayer MaterialScience's share of the Exatec joint venture, which provides advanced glazing systems to the automotive industry. Under the terms of the deal, which is subject to regulatory approval, GE Plastics will acquire Bayer's 50-percent share of the joint venture, thereby increasing its equity...

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Mergers & Acquisitions

GE, Mitsui Chemicals and Nagase Reach Agreement on Their Japan Joint Ventures

TOKYO, Japan - August 23, 2007 - GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. (Nagase) announced today that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC). GE Plastics Japan Ltd GE has acquired the entire equity interests of MCI and Nagase in GEPJ thereby increasing its equity to 100%. Except for...

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Mergers & Acquisitions

Autodesk Acquires PlassoTech

Simulation Software Extends Functionality of the Autodesk Digital Prototyping Solution SAN RAFAEL, Calif., Aug. 27 / -- Autodesk, Inc. (NASDAQ:ADSK) today announced the acquisition of California-based PlassoTech, a leading supplier of analysis and simulation software for the mechanical design market. The acquisition of PlassoTech will allow Autodesk to enhance the simulation and optimization...

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