Mergers & Acquisitions

Mergers & Acquisitions

Lockheed Martin Announces Completion of $815 Million EIG Divestiture

BETHESDA, Md., Nov. 23, 2010 -- Lockheed Martin Corporation (NYSE: LMT) today announced that it has completed the divestiture of its Enterprise Integration Group (EIG) business to Veritas Capital for $815 million in cash. As announced on June 2, the Corporation's plan to divest EIG was based on the U.S. Government's increased concerns about perceived organizational conflicts of interest. EIG...

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Mergers & Acquisitions

Belden to Acquire Industrial Networking Technology Leader GarrettCom

Expands Smart Grid and Security Solutions with Ruggedized Product Platform ST. LOUIS, Nov. 23, 2010 - Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, has entered into a definitive agreement to acquire GarrettCom, a leading provider of advanced industrial networking products and smart grid solutions. The acquisition extends Belden's...

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Mergers & Acquisitions

Boeing Announces Agreement to Acquire Summit Aeronautics Group in Montana

Provides additional capacity to manufacture titanium and other hard metals structures SEATTLE, Nov. 22, 2010 -- Boeing (NYSE: BA) announced today that it has agreed to acquire the business and operations conducted by Summit Aeronautics Group in Helena, Mont. Summit employs 135 people to manufacture titanium and other hard metal structures for commercial and military aircraft. This acquisition...

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Mergers & Acquisitions

Boeing to Acquire Military Logistics Provider CDM Technologies

o Acquisition supports Boeing's growth strategy for logistics command and control. o CDM Technologies' logistics optimization software enables U.S. military customers to efficiently move people and assets around the world. o Boeing subsidiary Tapestry Solutions will fully integrate CDM Technologies' employees and capabilities into its existing business. ST. LOUIS, Nov. 16, 2010 -- Boeing (NYSE:...

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Mergers & Acquisitions

Broadcom Corporation to Acquire Gigle Networks Inc.

Broadcom Expands Its Connected Home Portfolio with the Addition of Gigle Networks' Powerline Networking Technology IRVINE, Calif., Nov. 22, 2010 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Gigle Networks Inc., a privately-held company that develops...

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Mergers & Acquisitions

Elbit Systems Completes the Acquisition of Mikal's Holdings in Soltam, Saymar and ITL

HAIFA, Israel, Oct. 17 -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ( Elbit Systems ) announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd. ( Soltam ), Saymar Ltd. ( Saymar ) and ITL Optronics Ltd. ( ITL ) that were held by Mikal Ltd. ( Mikal ) and its subsidiaries. With...

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Mergers & Acquisitions

Elbit Systems Completes the Acquisition of Mikal's Holdings in Soltam, Saymar and ITL

HAIFA, Israel, Oct. 17 -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ( Elbit Systems ) announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd. ( Soltam ), Saymar Ltd. ( Saymar ) and ITL Optronics Ltd. ( ITL ) that were held by Mikal Ltd. ( Mikal ) and its subsidiaries. With...

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Mergers & Acquisitions

Boeing Announces Agreement to Acquire Summit Aeronautics Group in Montana

Provides additional capacity to manufacture titanium and other hard metals structures SEATTLE, Nov. 22, 2010 -- Boeing (NYSE: BA) announced today that it has agreed to acquire the business and operations conducted by Summit Aeronautics Group in Helena, Mont. Summit employs 135 people to manufacture titanium and other hard metal structures for commercial and military aircraft. This acquisition...

Read More »
Mergers & Acquisitions

Boeing to Acquire Military Logistics Provider CDM Technologies

o Acquisition supports Boeing's growth strategy for logistics command and control. o CDM Technologies' logistics optimization software enables U.S. military customers to efficiently move people and assets around the world. o Boeing subsidiary Tapestry Solutions will fully integrate CDM Technologies' employees and capabilities into its existing business. ST. LOUIS, Nov. 16, 2010 -- Boeing (NYSE:...

Read More »
Mergers & Acquisitions

Broadcom Corporation to Acquire Gigle Networks Inc.

Broadcom Expands Its Connected Home Portfolio with the Addition of Gigle Networks' Powerline Networking Technology IRVINE, Calif., Nov. 22, 2010 -- Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has signed a definitive agreement to acquire Gigle Networks Inc., a privately-held company that develops...

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