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 »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...
Read More »SKF USA Inc. Acquires Precision Balancing & Analyzing
SKF USA Inc. (Kulpsville, PA) has acquired Precision Balancing & Analyzing (PB&A), a spindle repair and upgrade company based in Mentor, OH. PB&A has annual sales of $7 million, 40 employees, and an additional facility in Atlanta, GA. The acquisition broadens SKF's global presence in spindle repair and related capabilities by expanding its Certified Spindle Service Network to 17 centers...
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 »Lista International Corporation to be Acquired by Capvis
Acquisition will bring increased global presence, expanded resources to Lista International Corporation Lista International Corporation, a leading manufacturer of workspace systems and modular storage cabinets, announces that its parent company Lista B&L Holding has agreed to be acquired by Capvis Equity II LP, exclusively advised by Capvis Equity Partners AG, Zurich, Switzerland's leading...
Read More »Infor Accelerates Strategy, Increases Global Market Share With New Acquisitions
Extensity, Systems Union and SSA Global Acquisitions Broaden Offering; Annual Revenues Reach $2.1 Billion ATLANTA - August 2, 2006 - Infor, one of the largest global providers of enterprise software and a portfolio company of Golden Gate Capital, today announced it has accelerated its strategy of offering customers a choice of integrated enterprise software solutions and standalone best-in-class...
Read More »National Technical Systems Completes Acquisition of Dynamic Labs
CALABASAS, CA - August 3, 2006 -National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of engineering services, announced today the acquisition of Dynamic Labs, an EMI and Environmental Testing Laboratory with locations in Phoenix, AZ and Austin, TX. The Phoenix laboratory offers EMI, Environmental and Dynamics testing for both the Aerospace and Defense industries, including...
Read More »Management Buyout of Schaffner Test Systems Division to Allow Greater Product Development and Growth
EDISON, N.J., July 28, 2006 -- The Schaffner Group, based in Luterbach, Switzerland, today announced the sale of its test systems business line through a management buyout (MBO) to a group of investors led by Johannes (Johnny) Schmid, the head of the test systems division. Schaffner, a global company, has its U.S. headquarters in Edison, N.J. The EMC test systems business division contributed...
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