B&K Precision Corp. has announced the acquisition of Teknix S.A., a service and calibration company based in São Paulo, Brazil. Under the new name of B&K Precision Brasil, the subsidiary company will become B&K Precision’s headquarters for South American operations. Antônio Freitas, who founded Teknix S.A. in 1999 will continue to serve as the manager of calibration and service operations of B&K Precision Brasil.
Merck will spend nearly $4 billion for Idenix Pharmaceuticals with a per-share bid that more...
Global gas manufacturer and supplier Matheson Tri-...
Oxford Instruments, a leading provider of high-...
France-based 3-D design software and product lifecycle management solutions (PLM) company Dassault Systèmes has announced the signing of a definitive merger agreement for Dassault Systèmes to acquire San Diego-based Accelrys, Inc., a leading provider of scientific innovation lifecycle management software for chemistry, biology and materials. The acquisition is valued at approximately $750 million.
Scientific innovation lifecycle management solutions provider Accelrys has added to its enterprise capabilities with the acquisition of Ireland-based QUMAS for $50 million in cash. QUMAS is a global provider of cloud-based and on-premises enterprise compliance software supporting regulatory and quality operations in life sciences and other highly regulated industries.
The European Commission has approved the pending acquisition of Life Technologies Corp. by Thermo Fisher Scientific, which has committed to divest its cell culture (sera and media), gene modulation and magnetic beads businesses to expedite the approval. Combined, these businesses had 2012 revenue of approximately $225 million.
Accelrys Inc. has announced that it has acquired ChemSW Inc., an environmental health and safety (EH&S) compliance solutions provider. This acquisition furthers Accelrys’ strategy by providing solutions for managing and tracking the source, use and disposal of chemicals along the entire lab-to-plant value chain.
Microsoft Corp. is buying Nokia Corp.'s devices and services business, and getting access to the company's patents, for a total of $7.2 billion in an effort to expand its share of the smartphone market, the companies announced. Microsoft will pay $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smartphones that run Windows Phone software.
First Solar Inc. said that it sold a collection of solar projects in Canada totaling 50 MW to an investment partnership led by GE Energy's financial services arm. Financial terms were not disclosed. First Solar has completed construction of the power plants, which are all located in Ontario, and the plants providing power to the grid. First Solar will provide operations and maintenance services under long-term contracts.
Stratasys, a leading maker of 3-D printers, is buying another 3-D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd. says the acquisition will enable it to offer affordable desktop 3-D printers. MakerBot's owners will receive 4.76 million newly issued Stratasys shares and are eligible for another 2.38 million through the end of 2014 if certain performance targets are met.
A federal judge has approved a settlement in which United Technologies Corp. will sell some of its assets as part of its $18.4 billion purchase of aerospace-parts maker Goodrich Corp., the largest merger in aircraft industry history. The settlement between Hartford, Connecticut-based United Technologies and the Justice Department was approved Wednesday by U.S. District Court Judge Ketanji Brown Jackson.
British drugmaker GlaxoSmithKline PLC said Wednesday that it will buy Okairos AG for about $323 million, gaining the Swiss vaccine developer's products. GlaxoSmithKline said Okairos is studying vaccine technology that could be used in shots that can both prevent and cure infections or diseases.
BMC Software says it has agreed to be sold to a private investor group for about $6.6 billion in cash. BMC Software Inc. makes system management software for businesses. The Houston-based company says that the deal is for $46.25 per share. That's less than 2% above Friday's closing stock price of $45.42.
Honeywell International Inc. is buying privately held gas and radiation detection system maker RAE Systems Inc. for $340 million. Minneapolis-based Honeywell, which makes products ranging from aircraft systems to automotive parts and chemicals, said the acquisition will complement its existing business and expand its expertise and its geographic footprint, particularly in high-growth countries like China.
Companies around the world are still reluctant to go on the acquisition trail even though they are becoming are more confident about the global economy, a survey found Monday. In its half-yearly assessment of the intentions of big companies, accounting and consultancy firm Ernst & Young said the growing optimism has yet to be translated into more investment or corporate deal-making.
There appears to be one less bidder pursuing an acquisition of slumping personal computer maker Dell. The Wall Street Journal reports that the Blackstone Group has retreated from its plans to submit an offer to buy most of Dell Inc.'s outstanding stock for $14.25 per share.
Thermo Fisher Scientific Inc. and Life Technologies Corporation have signed a definitive agreement under which Thermo Fisher will acquire Life Technologies for $76.00 in cash per fully diluted common share, or approximately $13.6 billion, plus the assumption of net debt at close ($2.2 billion as of year end 2012).
A Cincinnati-based security and defense products company says it has completed the purchase of the commercial armored vehicle division of BAE Systems for about $10 million. The CEO of the O'Gara Group Inc. and BAE Systems PLC said Monday that the O'Gara group completed the purchase of the West Chester-based BAE division.
Laird Technologies Inc. announced the acquisition of Nextreme Thermal Solutions Inc. Nextreme’s technology, delivering high-precision cooling in an ultrasmall form factor, will advance Laird’s leadership in its existing thermal management business.
IBM said Friday that it will acquire the software of privately held Star Analytics Inc., adding to its business analytics division. The financial terms of the deal were not disclosed. IBM Corp. said that Star Analytics software helps automate some reporting systems within companies and can eliminate some manual processes for tracking data that can take longer.
PPG has completed the sale of its $2.5 billion commodity chemicals business to Georgia Gulf, the companies said Monday. The combination of the former PPG unit and Georgia Gulf has been renamed Axiall Corp., which will start trading Tuesday on the New York Stock Exchange under the "AXLL" ticker.
NeoPhotonics is buying a semiconductor optical components division of Japan's Rohm Co. for $36.8 million, saying Tuesday that the purchase could give it better tools for telecommunications customers. The unit, which is part of Rohm subsidiary Lapis Semiconductor Co., provides lasers and other devices for high-speed communications networks.
Genetic analysis instrument company Illumina is buying prenatal testing company Verinata Health Inc. in a deal worth up to $450 million. Illumina Inc. said Monday that it will pay $350 million for privately-held Verinata and may pay up to an additional $100 million through 2015 if certain targets are met.