Kitagawa And NorthTech Workholding is now Kitagawa-NorthTech Inc.
Schaumburg, IL - (August 16, 2006) The exclusive U.S. representative of Kitagawa products in North and South America, NorthTech Workholding has now joined forces with Kitagawa Iron Works to become; Kitagawa-NorthTech Inc. effective 10-1-06. Combined, the two companies will offer the highest level of workholding solutions, global engineering collaboration, as well as improved customer service and...
Read More »Digi International Acquires Wireless Leader MaxStream
Minnetonka, Minnesota, July 27, 2006 Digi International® Inc. (Nasdaq: DGII) today announced the acquisition of MaxStream , Inc., a fast-growing, privately held corporation and a leader in the wireless device networking market. The acquisition is a merger transaction for $38.5 million of cash and stock, with $19.25 million paid in cash and $19.25 million in Digi stock. Based in Lindon, Utah...
Read More »Oshkosh Truck Corporation to Acquire Iowa Mold Tooling Co. Inc.
Garner, Iowa - Iowa Mold Tooling Co. Inc. (IMT), a leader in field service vehicles and truck-mounted cranes, has announced the signing of an agreement to be acquired by Oshkosh Truck Corporation [NYSE: OSK] through a merger. IMT is a portfolio company of American Capital Strategies, Ltd. [NASDAQ: ACAS]. This is a great opportunity all-around for IMT," said Steve Fairbanks, president of IMT....
Read More »Teledyne Technologies Enters Agreement to Acquire Rockwell Scientific Company LLC
LOS ANGELES, Calif., MILWAUKEE, Wisc. and CEDAR RAPIDS, Iowa - July 26, 2006 -- Teledyne Technologies Incorporated (NYSE: TDY), Rockwell Automation, Inc. (NYSE: ROK) and Rockwell Collins, Inc. (NYSE: COL) jointly announced today that Teledyne, through a subsidiary, has entered into an agreement to acquire Rockwell Scientific Company, LLC for $167.5 million in cash, with the sellers retaining...
Read More »Bridgeport Purchases Regal Name and Specific Assets
STRATFORD, Conn., Aug. 1, 2006 - Bridgeport Fittings, Inc., announced today the purchase of certain assets of Regal Manufacturing, a supplier of electrical cable and conduit fittings, based in City of Industry, California. The purchase, for an undisclosed amount, includes the Regal Manufacturing name, all rights to the use of the Regal name, drawings, trade marks, part numbers, third party...
Read More »Agilent Technologies Signs Agreement to Acquire Xpedion Design Systems, a Leading Provider of RFIC Simulation and Verification Software
PALO ALTO and MILPITAS, Calif., July 27, 2006 -- Agilent Technologies Inc. (NYSE: A) and Xpedion Design Systems, Inc. today announced they have signed a definitive agreement for Agilent to acquire Xpedion, a privately held company that provides software for wireless and high-speed digital circuit and systems design in the communications industry. The transaction is subject to standard closing...
Read More »Eicon Networks to Purchase Intel's Media and Signaling Business
SANTA CLARA, Calif., Aug. 9, 2006 - Eicon Networks Corporation ( Eicon") and Intel Corporation today announced that they have signed an agreement for Intel to sell the assets of its media and signalling business to Eicon. The acquisition is expected to allow Eicon to become a leading player in the media processing and signalling market segment. The sale will enable Intel to focus its investments...
Read More »Nokia to Acquire Loudeye and Launch a Comprehensive Mobile Music Experience
ESPOO, Finland and SEATTLE, Washington, August 8-- Nokia (NYSE: NOK) and Loudeye Corp. (Nasdaq: LOUD) today announced that they have signed an agreement for Nokia to acquire Loudeye for approximately USD 60 million. Loudeye is a global leader of digital music platforms and digital media distribution services. Under the terms of the agreement, Loudeye stockholders will receive USD 4.50 per share...
Read More »Mpower Stockholders Approve Merger Agreement
ROCHESTER, N.Y., Aug. 2 // -- Mpower Holding Corporation (AMEX:MPE), the parent company of Mpower Communications Corp., a leading provider of data and voice services to retail and wholesale business customers, today announced that the stockholders of the Company voted to adopt the Agreement and Plan of Merger among the Company, U.S. TelePacific Holdings Corp. and TPMC Acquisition Corp. at a...
Read More »Rohm and Haas Company to Sell its Automotive Coatings Business to Nippon Paint
Philadelphia, PA, August 7, 2006 - Rohm and Haas Company (NYSE:ROH) said today that it has reached an agreement to sell its global Automotive Coatings business to Nippon Paint Co., Ltd. (NPC). Terms of the sale include approximately $230 million in cash subject to adjustments at closing. The company does not expect a significant gain or loss from this transaction, however the final determination...
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