Cimatron Completes the Increase of its Holding in Microsystem to 51%
Consolidated Results From Q3 2007 GIVAT SHMUEL, Israel, July 5 -- Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced that it has completed the exercise of its previously disclosed first call option to acquire an additional 23.5% of the shares of Microsystem Srl, the company's Italian distributor, and...
Read More »Motorola to Acquire Leapstone Systems
Privately-Held Company to Contribute Leading Software Platform for Converged Services and Applications SCHAUMBURG, Ill. and SOMERSET, N.J., July 10, 2007 -- Motorola, Inc. (NYSE: MOT) has signed a definitive merger agreement to acquire privately held Leapstone Systems, Inc. Leapstone is a leading communications software developer that provides a unified platform for rapidly creating, managing and...
Read More »NETGEAR Acquires Infrant Technologies for USD 60 Million
Strategic move enables NETGEAR to expand storage product portfolio with ReadyNAS(TM) range for SMBs, SOHOs and homes July 5, 2007 NETGEAR, a worldwide provider of technologically advanced, branded networking products, has announced its acquisition of Infrant Technologies, Inc, a US-based manufacturer of enterprise-level storage products, for USD 60 million. The purchase enables NETGEAR to offer...
Read More »Applied Kilovolts Buys Power Supply Rival Brandenburg
High voltage power supply specialists Applied Kilovolts have announced the acquisition of West Midlands competitor Brandenburg. Applied Kilovolts' managing director Kevin Wheelhouse commented: The acquisition is an ideal match, since Brandenburg's products are closely related but complementary to our own and there is very little overlap. The transaction gives us a critical mass in the high...
Read More »Rockwell Automation Acquires ICS Triplex
MILWAUKEE, July 2, 2007 - Rockwell Automation, Inc. announced today that it has acquired Industrial Control Services Group Limited which does business as ICS Triplex. As first announced on May 25, 2007, the deal is valued at -£110 million (British pounds) in cash. The process of delivering cash to ICS shareholders will continue through August, 2007. ICS Triplex is a leading global supplier of...
Read More »VWR International, Inc. Announces Completion of Acquisition by Madison Dearborn Partners
WEST CHESTER, PA., June 29, 2007 - VWR International, Inc., a leader in the global laboratory supply industry, today announced that an affiliate of Madison Dearborn Partners (MDP) has completed the acquisition of the company. VWR announced on May 2, 2007 that its parent company, CDRV Investors, an affiliate of Clayton, Dubilier & Rice, had entered into a definitive agreement for the sale of the...
Read More »CSC Completes Acquisition of Covansys
Acquisition Advances CSC's Growth Strategy EL SEGUNDO, Calif., July 2 /-- Computer Sciences Corporation (NYSE:CSC) today announced that the company has completed its acquisition of Covansys for $34.00 per share in an all-cash transaction. The announcement follows approval of the acquisition by the holders of a majority of the outstanding Covansys shares at a shareholder meeting June 27. Covansys...
Read More »DHR Completes ChemTreat Acquisition
Washington, D.C., July 2, 2007 -- Danaher Corporation (NYSE: DHR) announced today that it has completed the previously announced acquisition of ChemTreat, Inc. With revenues of approximately $200 million in its most recently completed fiscal year, ChemTreat is a leading provider of industrial water treatment solutions. Danaher Corporation is a leading manufacturer of Professional Instrumentation,...
Read More »DCP Midstream Partners Completes $270 Million Acquisition from General Partner
DENVER, July 2 /-- DCP Midstream Partners, LP (NYSE:DPM), or the Partnership, has completed its previously announced acquisition of partial ownership interests in DCP East Texas Holdings, LLC and Discovery Producer Services LLC from DCP Midstream, LLC, the owner of the Partnership's general partner, for consideration of $270 million prior to customary purchase price adjustments. The acquisition...
Read More »Assa Abloy ITG Acquires Irish Inlay Manufacturer Aontec
Acquisition enables further expansion and helps to meet growing demands of the global market for electronic identification documents Walluf, July 3rd, 2007 - Assa Abloy Identification Technologies (ITG), one of the leading providers of products and services in the RFID market, has announced the acquisition of Aontec, a manufacturer of inlays for secured electronic documents including passports,...
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