Mergers & Acquisitions

Mergers & Acquisitions

Haemonetics® Acquires IDM Medical Software Company

BRAINTREE, Mass., and ROSEMONT, IL, Jan. 30 -- Haemonetics Corporation (NYSE:HAE), a global leader in blood collection technology, announced today that it acquired the assets of Information Data Management, Inc. ( IDM ), a leading developer of software for blood collection agencies for about $9 million in cash. IDM's software applications for blood collection, blood laboratory operations, and...

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Mergers & Acquisitions

Perot Systems Closes Acquisition of QSS Group, Inc.

FAIRFAX, Va., Jan. 30 / -- Perot Systems Corporation (NYSE:PER) announced today that it has completed the acquisition of QSS Group, Inc., a U.S. federal government information technology services company based in Lanham, MD. With this acquisition, Perot Systems Government Services will have more than 3,400 associates serving the federal government and is expected to report 2007 full year revenue...

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Mergers & Acquisitions

Sandvik to Acquire US Producer of Diamond-Based Materials

Sandvik Tooling has reached an agreement with the American private equity company Littlejohn & Co., LLC to acquire Diamond Innovations Inc., formerly the Superabrasives Division of General Electric, in the US. The acquisition is expected to be completed during the first quarter of 2007. Diamond Innovations is a world-leading company in the development and production of synthetic diamond and Cubic...

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Mergers & Acquisitions

Hendrickson Announces the Completion of the Dana Trailer Products Acquisition

ITASCA, Ill. - Gary Gerstenslager, president and chief operating officer of Hendrickson, announced that the company on Jan. 5 finalized its acquisition of the US and Canadian trailer axle manufacturing assets of Dana Corporation. The transaction included Hendrickson acquiring the operations and assets at the Dana trailer axle manufacturing plant in Lugoff, S.C. In addition, Hendrickson also...

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Mergers & Acquisitions

Lilly Announces Completion of ICOS Corporation Acquisition

INDIANAPOLIS, Jan. 29: Eli Lilly and Company (NYSE:LLY) today announced that it has completed its acquisition of ICOS Corporation. As a result of closing the transaction, Lilly has acquired all of the outstanding shares of ICOS common stock at a price of $34 per share, for a total of approximately $2.3 billion. We are pleased to complete this acquisition of ICOS, and we are now in a position to...

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Mergers & Acquisitions

Belden Agrees to Acquire Hirschmann Automation and Control

Consistent with the strategic goal of expanding its connectivity offering in markets where Belden is the preferred cable supplier, Belden is acquiring a company with wide-ranging competence and leading market positions in digital communication and connectivity for industrial automation and large-scale public infrastructure. ST. LOUIS, Jan. 30 -- Belden (NYSE:BDC) has entered into a definitive...

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Mergers & Acquisitions

Boeing Concludes Purchase of C-Map to Grow Jeppesen Marine Business

SEATTLE, Jan. 30 -- The Boeing Company (NYSE:BA) today announced it has concluded its purchase of C-Map, a leading provider of digital maritime cartography, data services and other navigational information. C-Map will become a part of Jeppesen's marine division. Jeppesen is a wholly-owned subsidiary of Boeing Commercial Aviation Services. We are excited to welcome the employees of C-Map to Boeing...

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Mergers & Acquisitions

All Sensors Purchases Minority Interest in AsenStec Gmbh

All Sensors Corporation of Morgan Hill, CA announced today it had purchased a minority interest in AsenStec Gmbh of Inning, Germany. All Sensors is a leading supplier of low-pressure sensors. AsenStec is a leading distributor of sensors in Europe. AsenStec was founded by, and is managed by, Helmut Koslowski. All Sensors has an option to purchase a majority interest in AsenStec at some time in the...

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Mergers & Acquisitions

Stratex Networks Stockholders Approve Combination and Merger With Microwave Communications Division of Harris Corporation

SAN JOSE, Calif., Jan. 25: Stratex Networks (NASDAQ:STXN), announced that at today's special stockholders meeting, the stockholders of Stratex Networks, Inc. approved the combination with Harris Corporation's Microwave Communications Division and the other transactions contemplated by the Formation, Contribution and Merger Agreement previously entered into with Harris. Voting in favor of the...

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Mergers & Acquisitions

Cooper Industries Announces the Acquisition of Cybectec Inc.

New Products Offer Utilities Enterprise-Wide Access to Power System Data with Maximum Return on Investment HOUSTON, January 29, 2007 -- Cooper Industries, Ltd. (NYSE: CBE) today announced the acquisition of Cybectec, Inc., a privately held worldwide provider of products and software systems designed to assist utilities in modernizing their automation systems with revenues of $8.5 million over the...

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