Mergers & Acquisitions

Mergers & Acquisitions

MonoSol LLC to Purchase Certain Assets from Stanelco PLC

May 29, 2007 - MonoSol LLC, the global leader in the development and commercialization of water soluble products and packaging, announced today it has finalized the purchase of certain equipment and intellectual property assets from Stanelco, PLC. The terms of the purchase were not disclosed. This acquisition by MonoSol complements its recently announced manufacturing expansion in LaPorte,...

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Mergers & Acquisitions

Pogo Enters Into Agreement to Sell Northrock Resources for $2.0 Billion

HOUSTON, May 28 -- Pogo Producing Company (NYSE:PPP) ( Pogo ) today announced that its Board of Directors has approved a definitive agreement under which Pogo will sell all of the outstanding stock of its wholly-owned subsidiary, Northrock Resources Ltd. ( Northrock ), for $2.0 billion in cash to Abu Dhabi National Energy Company PJSC ( TAQA ). The sale of Northrock Resources includes properties...

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Mergers & Acquisitions

Sierra Wireless, Inc. Completes Acquisition of AirLink Communications, Inc.

VANCOUVER, May 25: Sierra Wireless, Inc. (NASDAQ: SWIR)(NASDAQ:TSX:)(NASDAQ:SW) announced today that it has completed the acquisition of AirLink Communications, Inc. ( AirLink ), a privately-held developer and supplier of high value fixed, portable and mobile wireless data solutions for industrial and public safety applications. AirLink achieved solid growth with revenue of $24.8 million in 2006,...

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Mergers & Acquisitions

nCircle Announces Acquisition of Cambia

Merger Creates the First Agentless Solution Platform Enabling Enterprises to Measure and Manage Security Risk and Ensure Configuration Compliance SAN FRANCISCO, May 23 / -- nCircle, the leading provider of agentless security risk and compliance management solutions, today announced that it has completed the acquisition of Cambia Security, the leader in agentless configuration auditing. The...

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Mergers & Acquisitions

EGL, Inc. to Be Acquired by CEVA Logistics for Approximately $2 Billion

HOUSTON and AMSTERDAM, Netherlands, May 24: EGL, Inc. (NASDAQ:EAGL) ( EGL ), and CEVA Group Plc ( CEVA ), a UK public limited company owned by affiliates of Apollo Management VI, L.P., today announced that they have signed a definitive merger agreement pursuant to which CEVA will acquire EGL for total transaction consideration of approximately $2 billion. Pursuant to the agreement, EGL's...

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Mergers & Acquisitions

Pacific Internet Hong Kong Acquires Services-Based Operator (SBO) Licence

Critical milestone achieved for entry into the IP Telephony Market in Hong Kong HONG KONG, May 22 /-- Pacific Internet (Hong Kong) Limited, the wholly-owned subsidiary of Pacific Internet Limited (NASDAQ:PCNTF), Asia Pacific's largest telco-independent Internet Communications Solutions Provider (ICSP) by geographic reach, today announced that it has acquired the Services-Based Operator (SBO)...

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Mergers & Acquisitions

The CMI-Schneible Group Announces Acquisition of GPV

HOLLY, Mich., May 24 / -- The CMI-Schneible Group, headquartered in Holly, Michigan, announced today it has acquired the assets of General Purpose Vehicles (GPV), located in New Haven, Michigan. The new organization will be named GPV, Inc. GPV designs and manufactures advanced technology vehicles for various national security applications. GPV's customer base includes Homeland Security, Law...

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Mergers & Acquisitions

Varian Medical Systems Completes Acquisition of Bio-Imaging Research

PALO ALTO, Calif., May 24 / -- Varian Medical Systems, Inc., (NYSE:VAR) today announced it has completed the acquisition of Bio-Imaging Research, Inc., a supplier of X-ray imaging products for security and inspection. Varian paid approximately $21 million to acquire the privately-held business based in Lincolnshire, IL. This acquisition enables Varian to offer customers more complete X-ray...

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Mergers & Acquisitions

Partners Acquire Airam and Expand Press Line

Covington, Ohio -May 7, 2007- Joint partners Fred Ratermann and John Bornhorst have acquired AIRAM-® Inc. The South Carolina company was established in 1965 to produce a line of pneumatic presses. Now, under the name AIRAM-® Press Co. Ltd., the company has been relocated to Covington, Ohio and expanded to serve a broader market. Ratermann is President of AIRAM and Bornhorst serves as Vice...

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