Mergers & Acquisitions

Mergers & Acquisitions

TriZetto Signs Definitive Agreement to Acquire Plan Data Management, Inc. to Bolster its Medicare Advantage Solutions and Applied Business Intelligence Capabilities

NEWPORT BEACH, Calif.--The TriZetto Group, Inc. (NASDAQ: TZIX) today announced that it has signed a definitive agreement to acquire privately held Plan Data Management, Inc., a leading provider of revenue enhancement software and administrative efficiency solutions for payers that service members in Medicare Advantage, Medicare Part D and Medicaid plans. The transaction is subject to customary...

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Mergers & Acquisitions

Umicore Acquires U.S. Contact Materials Producer

In the framework of its strategy of growing its worldwide position in the manufacturing of precious-metal based technical materials, Umicore has acquired the business of leading U.S. contact materials producer Ames Electro Materials Corp. (AEMC) - a subsidiary of Ames Goldsmith Corp. of Glens Falls, NY. Ames Electro Materials Corp. in 2006 generated revenues of some US $ 8.5 million (excluding...

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Mergers & Acquisitions

Impsat Shareholders Approve Acquisition by Global Crossing

FLORHAM PARK, N.J., Jan. 17 -- Global Crossing Limited (NASDAQ:GLBC) today announced that the shareholders of Impsat (BULLETIN BOARD: IMFN.OB) have voted to approve its proposed acquisition for $9.32 in cash for each share of Impsat common stock. The proposed acquisition represents a total equity value of approximately $95 million and includes Global Crossing's assumption, refinancing and/or...

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Mergers & Acquisitions

Umicore Acquires U.S. Contact Materials Producer

In the framework of its strategy of growing its worldwide position in the manufacturing of precious-metal based technical materials, Umicore has acquired the business of leading U.S. contact materials producer Ames Electro Materials Corp. (AEMC) - a subsidiary of Ames Goldsmith Corp. of Glens Falls, NY. Ames Electro Materials Corp. in 2006 generated revenues of some US $ 8.5 million (excluding...

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Mergers & Acquisitions

Fortify Software Announces Definitive Agreement to Acquire Secure Software, Inc.

Acquisition Extends Fortify's Lead in the Software Security Market PALO ALTO, Calif., Jan. 17 -- Fortify Software Inc., the market-leading provider of software security products that span the software development lifecycle, today announced a definitive agreement to acquire Mclean, Va.-based Secure Software, Inc. The acquisition of Secure Software extends Fortify's lead in the software security...

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Mergers & Acquisitions

Hospira Acquisition of Mayne Pharma Clears U.S. Antitrust Review

LAKE FOREST, Ill., Jan. 18 -- Hospira, Inc. (NYSE:HSP), a leading global hospital products company, and Mayne Pharma Limited , a leading Australia-based specialty injectable pharmaceuticals company, today announced that, subject to the divestiture of certain overlapping products, the U.S. Federal Trade Commission (FTC) has cleared the way for Hospira to proceed with its proposed acquisition of...

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Mergers & Acquisitions

Nycomed Officially Launched as Combined Group

MELVILLE, N.Y. and FLORHAM PARK, N.J., Jan. 16 -- Today Nycomed announced the official launch of the combined group following the acquisition of ALTANA Pharma AG which was completed on December 31, 2006. Nycomed will now focus on integrating the two companies, while ensuring that the high level of customer service is maintained. Today's launch marks the beginning of the active phase of...

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Mergers & Acquisitions

Parker Acquires Power Systems Integrator in India

CLEVELAND, Jan. 10-- Parker Hannifin Corporation (NYSE: PH) has acquired SSD Drives India, Pvt. Ltd. from the UniDEL India Group, a privately held automation and technology group, for an undisclosed amount. SSD Drives India, Pvt. Ltd., which had fiscal 2006 annual sales of approximately $7 million, will be integrated within Parker's Automation Group as the SSD India business unit. The acquisition...

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Mergers & Acquisitions

Parker Acquires the Business of Airtek, a Leading Provider of Drying and Filtration Equipment for Compressed Air

CLEVELAND, Jan. 15-- Parker Hannifin (NYSE: PH), the world leader in motion and control technologies, today announced the acquisition of the business of Airtek, a leading provider of drying and filtration equipment for compressed air. The Lancaster, New York-based company employs approximately 130 and had revenues of $18 million in 2006. Earnings are expected to be accretive to Parker in the...

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Mergers & Acquisitions

Moog Announces Medical Devices Acquisition

EAST AURORA, N.Y., Jan. 12 -- Moog Inc. (NYSE:MOG.A)(NYSE:and)(NYSE:MOG.B) announced today that it has entered into a definitive agreement to acquire ZEVEX International, Inc. (NASDAQ:ZVXI) for $13.00 in cash per share of ZEVEX common stock. The agreement also provides that each holder of options for ZEVEX common stock will receive an amount equal to the difference between $13.00 and the exercise...

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