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Mergers & Acquisitions

Mergers & Acquisitions

Alcatel-Lucent Announces Agreement to Acquire NetDevices

PARIS, May 14: Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced a definitive agreement to acquire privately held NetDevices, a developer of services gateway products for enterprise branch networks, based in Sunnyvale, California. NetDevices delivers a market recognized, innovative and flexible enterprise networking platform known as a Unified Service Gateway which is designed to...

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Mergers & Acquisitions

Deere & Company Completes Acquisition of LESCO

MOLINE, Ill., May 7 -- Deere & Company (NYSE:DE) announced today that it has completed its acquisition of LESCO, Inc. (NASDAQ:LSCO), an Ohio-based company and a leading supplier of lawn care, landscape, golf course and pest control products. The transaction was closed today. Deere and LESCO had announced a definitive merger agreement in February. Deere said the transaction roughly doubles the...

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Mergers & Acquisitions

Duke Energy Announces Plans to Purchase Southern Company Interest in Proposed South Carolina Nuclear Plant

CHARLOTTE, N.C., May 7-- Duke Energy announced today that, subject to board approval, it intends to purchase Southern Company's 500- megawatt interest in the proposed William States Lee III nuclear power project, making the plant's total output available to electric customers in the Carolinas. Demand in Duke Energy Carolinas' service area is projected to grow by more than 6,000 megawatts by 2021....

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Mergers & Acquisitions

Moog Announces Acquisition in Components Segment

EAST AURORA, N.Y., May 3 -- Moog Inc. (NYSE: MOG.A; MOG.B) announced today that it has acquired Thermal Control Products Inc. for $7.5 million, including $4.3 million in cash with the balance due in notes payable over 3 years. Thermal Control Products, a Camarillo, CA company, specializes in the design, prototype and manufacture of electronic cooling and air moving systems for the automotive,...

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Mergers & Acquisitions

Microsoft Acquires Mobile Advertising Pioneer ScreenTonic

ScreenTonic's mobile ad serving and management expertise increase advertiser opportunity across Microsoft Digital Advertising Solutions. REDMOND, Wash., May 3 -- Microsoft Corp. (NASDAQ:MSFT) today announced it has agreed to acquire ScreenTonic SA, a Europe-based mobile advertising pioneer, in a move that combines the breadth of Microsoft-® Digital Advertising Solutions offerings with the mobile...

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Mergers & Acquisitions

Microsoft Completes Acquisition of Tellme Networks

Acquisition to accelerate speech innovation. REDMOND, Wash., May 3 -- Microsoft Corp. today announced that it has completed its acquisition of Tellme Networks Inc., the Mountain View, Calif.-based provider of voice services for everyday life, including nationwide directory assistance, enterprise customer service and voice-enabled mobile search. Tellme, which has more than 320 employees, will...

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Mergers & Acquisitions

NETGEAR® to Acquire Infrant Technologies

RAID-based NAS Products for SMB, SOHO and Home to Expand NETGEAR's Storage Solutions SANTA CLARA, Calif., May 3 -- NETGEAR, Inc. (NASDAQ:NTGR), a worldwide provider of technologically advanced, branded networking products, today announced the execution of a definitive agreement to acquire privately-held Infrant Technologies, Inc. Founded in March 2001 and based in Fremont, California, Infrant is...

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Mergers & Acquisitions

Barloworld Scientific Signs Agreement for the Sale of Melles Griot

Carlsbad, CA - Barloworld Scientific Ltd, today announced that an agreement has been signed with CVI, to acquire Melles Griot. The terms of the transaction have not been disclosed, but it is expected to close in the next few weeks. The acquisition brings together two leaders in optical and laser technology. With worldwide manufacturing and distribution in Asia, Europe, and North America, the new...

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Mergers & Acquisitions

Applied Innovation Stockholders Approve Acquisition by Keg Holdings

DUBLIN, Ohio, May 8 -- Applied Innovation (NASDAQ:AINN) (the Company ) announced that its stockholders have voted to approve and adopt the previously announced merger agreement providing for the merger of the Company and a wholly owned subsidiary of KEG Holdings, Inc. at the Company's special meeting of stockholders held today in Dublin, Ohio. The Company expects to complete the proposed merger...

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Mergers & Acquisitions

Nordson Corporation Adds Two Businesses to Its Advanced Technology Systems Segment

WESTLAKE, Ohio, May 8: Nordson Corporation (NASDAQ:NDSN) today announced that it has acquired YESTech Inc. and PICO Dosiertechnik (PICODOSTEC) in two separate transactions. Both companies will become part of Nordson's Advanced Technology Systems segment. YESTech Inc. is a leading provider of Automated Optical Inspection (AOI) and X-Ray inspection systems used in the production of printed circuit...

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