Mergers & Acquisitions

Mergers & Acquisitions

Brightstar Acquires Majority Interest in Consumer Electronics Distributor, WSA Mexico

New company to be called Brightstar Retail and will focus on delivering consumer electronics products to retailers in Latin America MIAMI, May 23 /-- Brightstar Corp., the world's largest wireless distribution and supply chain solutions company, announced it has acquired a majority interest in a new company established with WSA Distributing, expanding its product line to consumer electronics...

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Mergers & Acquisitions

MediaREADY, Inc. Engages China Direct, Inc. to Assist the Company with its Plan to Enhance its Business through Acquisitions

FORT LAUDERDALE, Fla., May 23 /-- MediaREADY, Inc. (BULLETIN BOARD: MRED) , a provider of innovative interactive, media- convergent entertainment devices, announced today that it has engaged China Direct, Inc. (BULLETIN BOARD: CHND) , a diversified management and consulting company for Chinese entities, to assist MediaREADY in its efforts to diversify through possible acquisitions of synergistic...

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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

Chevron Signs Agreement to Sell Benelux Fuels Marketing Business to Delek

SAN RAMON, Calif., May 24: Chevron Corporation (NYSE:CVX) today announced the signing of an agreement by its subsidiaries in Belgium, the Netherlands and Luxembourg (Benelux) to sell their fuels marketing business to Dutch company Delek Benelux B.V., a subsidiary of Israeli company Delek Petroleum. This sale, which is subject to regulatory approval, is expected to be completed during the third...

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Mergers & Acquisitions

On2 Technologies Announces Acquisition of Hantro Products, a Leader in Embedded Video Technology

TARRYTOWN, N.Y. and OULU, Finland, May 21 -- On2 Technologies, Inc. (AMEX:ONT), a leader in video compression software and solutions, announced today that it has entered into a definitive agreement to acquire Finland-based Hantro Products Oy, a market-leading provider of video technology for mobile devices. The acquisition is intended to accelerate the deployment of On2's technology on...

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Mergers & Acquisitions

Hancock Park Associates to Buy ASC's Convertible & Design Units

DETROIT, May 4 -- ASC Incorporated announced that Hancock Park Associates, a private-equity firm based in Los Angeles, has signed a definitive purchase agreement for the automotive open air roof-systems unit and the automotive design-services unit of ASC from its owner, American Specialty Cars Holdings LLC. Terms of the transaction were not disclosed. As a condition of the asset-purchase...

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