Company News
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Company News
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Cisco Is Planning to Buy Femtocell Maker Ubiquisys for $310 Million in Cash
Apr 8, 2013Cisco is planning to buy femtocell maker Ubiquisys for US$310 million in cash and retention-based incentives, the company announced on Wednesday. Ubiquisys, which is located in the U.K., makes 3G and LTE small-cell technologies that ...
Tags: Cisco
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Carolina Beverage Are Looking at a Couple Different Locations to Set up a New Plant
Apr 8, 2013US-based contract bottler Carolina Beverage Group has announced plans to set up a new plant in Fort Worth. Carolina Beverage president and CEO Harry Barto said, "We're looking at a couple different locations in Texas and Oklahoma." The ...
Tags: Carolina Beverage, Packaging, bottler
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Compass to Borrow an Incremental Term Loan of $30 Million
Apr 8, 2013Compass Diversified Holdings, the parent company of Fox and Camelbak, exercised an option under its credit agreement to borrow an incremental term loan of $30 million. “We are pleased to be able to take advantage of the favorable ...
Tags: Compass, Term Loan Borrowings
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Samsung Electronics Has Announced The US Launch of UGEO H60 Ultrasound System
Apr 8, 2013Samsung Electronics America, a subsidiary of Samsung Electronics, has announced the US launch of UGEO H60 ultrasound system. Integrating SDMR image processing technology that provides sharp 2D images for optimal diagnostic performance, ...
Tags: Samsung, UGEO H60, Ultrasound System
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Capson Received a License to Underwrite Medical Malpractice Insurance
Apr 8, 2013Texas-based Capson Physicians Insurance Company has received a license to underwrite medical malpractice insurance in the state of Mississippi, US. With the new license, the company's innovative, all-inclusive approach to medical ...
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Avery Partnered with Verifone to Equip Retailers with The Globalbay Retailing Solution
Apr 8, 2013Avery Dennison Retail Branding and Information Solutions (RBIS) division, a global leader in apparel and footwear industry solutions, is pleased to announce it has partnered with VeriFone, the leading provider of next-generation mobile ...
Tags: apparel industry, footwear industry, apparel
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MGIS Has Appointed Kurt Meyer as Its New Vice President of Operations, Group Benefits
Apr 8, 2013The MGIS Companies (MGIS) has appointed Kurt Meyer as its new vice president of operations, group benefits. In his new role, Meyer will be responsible for benefits operations which include underwriting, account management and ...
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Rich Products Expanded Its Voluntary Recall of Frozen Snack Foods Produced at Its Waycross
Apr 8, 2013US-based Rich Products is expanding its voluntary recall of frozen snack foods produced at its Waycross, Georgia facility as they may be contaminated with E. coli O121 bacteria. On 28 March, the New York-based firm issued a voluntary ...
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Innovative Technologies by Design Has Launched New Temp-Taker 3
Apr 8, 2013Innovative Technologies by Design has launched new Temp-Taker 3, an automated food temperature management solution. The Temp-Taker 3 system provides fast temperatures and customizable options for taking, correcting, and displaying ...
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Bimbo Bakeries USA Cacquired The Beefsteak Bread Brand From Hostess Brands
Apr 8, 2013Bimbo Bakeries USA, the American arm of Mexican baking company Grupo Bimbo, has acquired the Beefsteak bread brand from Hostess Brands, the US-based bankrupt producer of bakery products, for $31.9m. The Beefsteak brand has been acquired ...
Tags: Bimbo, Hostess'Beefsteak Bread, Food
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India Approved Warren Buffett's Berkshire Hathaway and 3G Capital
Apr 8, 2013The Competition Commission of India (CCI) has approved Warren Buffett's Berkshire Hathaway and 3G Capital proposed acquisition of American food company HJ Heinz. CCI said that the transaction is not likely to have any adverse effect on ...
Tags: Berkshire Hathaway, 3G Capital's Acquisition, Agriculture
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X-Rite Reached an Agreement with Colormetrix Technologies LLC to Offer a Seamless Way
Apr 8, 2013X-Rite Inc. with its wholly owned subsidiary Pantone LLC has reached an agreement with ColorMetrix Technologies LLC to offer a seamless way for users of its VerifiedColor software to fully utilize the power of PantoneLIVE Color Libraries. ...
Tags: X-Rite, PantoneLIVE
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IDB Provides Brazil with a Funding to Support Sustainable Farming Methods
Apr 8, 2013The Inter – American Development Bank (IDB) will provide Brazil with a funding to support sustainable farming methods in the states critical to country’s biomass. As part of the initiative, the grants provided through the ...
Tags: IDB, Sustainable Farming Methods, Food
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Beech-Nut, Goya Collaborated to Launch a New Range of Hispanic Flavored Baby Foods in US
Apr 8, 2013Swiss-based Beech-Nut Nutrition and US-based Goya Foods have collaborated to launch a new range of Hispanic flavored baby foods in US. The new range includes wheat, corn, oatmeal/bananas and rice/mango cereals, Stage 1 beef and chicken ...
Tags: Beech-Nut, Goya, Hispanic Flavored Baby Food
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Depression Glass,Which Will Be Featured at 39th Annual Glass Show at Madison Place April
Apr 8, 2013As people go about cleaning the house this spring, they’ll be asking themselves what they should keep and what they should pitch. The tricky part is, you never know what could become treasure. Entire hobbies arise around items that ...
Tags: Depression-Era, Glassware, Madison Place
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