Mergers & Acquisitions

Mergers & Acquisitions

Cooper Industries Acquires Cannon Technologies

HOUSTON, Aug. 15, 2006 -- Cooper Industries (NYSE: CBE) today announced the acquisition by Cooper Power Systems, Inc. of Cannon Technologies, Inc., a Minneapolis-based provider of automation technologies for monitoring and metering, and energy management by electrical utilities. With this acquisition, Cooper Power Systems will provide customers with comprehensive solutions -- from the meter to...

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Mergers & Acquisitions

Praxair Acquires Hobart Industrial Gases

DANBURY, Conn., Oct. 16, 2006 - Praxair Distribution Inc., a subsidiary of Praxair, Inc. (NYSE: PX), has acquired Hobart Industrial Gases of Fort Wayne, Indiana. Since 1956, Hobart Industrial Gases has supplied a wide array of packaged industrial, medical and specialty gases, welding equipment, supplies and services to Indiana and Ohio. This acquisition provides a great opportunity to integrate...

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Mergers & Acquisitions

Leica Geosystems Continues Expansion into Construction Market through Acquisition of Mikrofyn

(Norcross, GA, October 17, 2006) On 8 September 2006, Leica Geosystems and Hexagon announced the acquisition of Mikrofyn A/S in Denmark. The company is one of Europe's leading suppliers of machine automation and laser leveling and alignment equipment for the building construction and civil engineering industries. Mikrofyn's product range consists of a portfolio of automatic and manual machine...

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Mergers & Acquisitions

Kulicke & Soffa Signs Agreement to Acquire Alphasem and Enter Die Bonder Market

Fort Washington, PA-October 12, 2006-Kulicke & Soffa Industries, Inc. (the Company") (Nasdaq: KLIC) today announced the signing of an agreement to acquire Alphasem, a leading supplier of die bonder equipment, from Dover Technologies International, Inc., a subsidiary of Dover Corporation (NYSE: DOV). The purchase price is $30 million, subject to a working capital adjustment. The acquisition is...

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Mergers & Acquisitions

MKS Instruments Acquires Electrostatic Charge Monitoring Technology

WILMINGTON, Mass., Oct. 11 /PRNewswire-FirstCall/ -- MKS Instruments, Inc. (NASDAQ:MKSI), a leading worldwide provider of monitoring and control technologies for improving productivity in semiconductor and other advanced manufacturing processes, announced today that it has acquired privately held Novx Corporation, a provider of electrostatic charge monitoring technology for semiconductor, data...

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Mergers & Acquisitions

K-Tron Acquires Premier Pneumatics, Inc.

Pitman, New Jersey - - October 5, 2006 - - K-Tron International, Inc. (NASDAQ-KTII) today announced the acquisition of all of the stock of privately-held Premier Pneumatics, Inc. ( Premier"), a leading manufacturer of pneumatic conveying and bulk handling equipment for the North American market. The purchase price was $27.565 million, all of which was paid in cash, including a $2 million escrow....

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Mergers & Acquisitions

Eicon Networks Completes Acquisition of Intel's Media and Signalling Business

MONTREAL, Quebec. Oct 4th, 2006 - Eicon Networks Corporation ( Eicon") announced today that its acquisition of Intel Corporation's Media and Signalling business has been completed. Eicon also announced that it would be proceeding to change its name to Dialogic Corporation ("Dialogic") as it swiftly moves to merge the two businesses into one. Dialogic's focus will be multimedia processing,...

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Mergers & Acquisitions

Bosch Acquires TeleAlarm Group

The Bosch Group has acquired the TeleAlarm Group based in La Chaux-de-Fonds, Switzerland. The contract was signed on September 29, 2006. It was agreed that the purchase price would remain undisclosed. The TeleAlarm Group is a leading European provider of social alarm and nurse call systems. These products are primarily installed in the homes of people being cared for, in retirement and care...

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Mergers & Acquisitions

Scientific Technologies Inc. Completes Merger with Omron Corporation; Shareholders Receive $10.67 per Share in Cash

FREMONT, CALIFORNIA, September 12, 2006...SCIENTIFIC TECHNOLOGIES INCORPORATED (NASDAQ:STIZ), a leading North American provider of automation safeguarding products, announced today that it had completed its previously announced merger with a subsidiary of Japan-based Omron Corporation ( Omron"). STI shareholders will receive $10.67 per share in cash as a result of the merger, and STI will cease...

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Mergers & Acquisitions

Alcoa Signs Agreement to Sell Home Exteriors Business to Ply Gem Industries

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has signed a definitive agreement to sell its Alcoa Home Exteriors business to Ply Gem Industries, Inc., a U.S. manufacturer and marketer of a range of products for use in residential new construction, do-it-yourself and the professional renovation market, for more than $300 million in cash. The transaction is expected to be...

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