Powermat Technologies has announced an agreement to merge with its European counterpart, PowerKiss, in a deal that will make what once was two disparate wireless power specifications come together under one. The two companies will come ...
Tags: Powermat, Computer Products, Powerkiss
US-based WS Packaging Group is all set to expand its Algoma facility operation in the US as part of a company-wide planning process, with an investment of $7.9m. The three-year expansion includes new equipment and building upgrades to ...
Tags: Packaging, WS Packaging Group
Focus Media Holding Limited (NASDAQ: FMCN) announced today that it has been combined with Giovanna Acquisition Limited (hereinafter Merger Sub) according to a merger plan issued on December 19, 2012. Thus Focus Media has become a ...
Merging electronics with human tissue, scientists have used 3D printing tools to build a functioning ear. Researchers at Princeton University reported that they created a functioning ear that that can "hear" radio frequencies beyond the ...
Tags: 3D Printed Ear, Packaging, Printing
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
Genesys, a provider of customer engagement and contact centre solutions, has signed a definitive agreement to acquire SoundBite Communications for $5 per share. SoundBite delivers cloud-based proactive collections, payments, and mobile ...
Tags: Genesys, Soundbite Communications
Swedish confectionery firm Cloetta has acquired British candy producer Goody Good Stuff for an undisclosed amount, as part of its efforts to broaden its product range within the growing segment of natural candy. Established in 2010, Goody ...
Tags: Candy Company, Food
Sprint Nextel said it had received permission from SoftBank to negotiate a rival acquisition offer from Dish Network. The board of Sprint Nextel has the right to terminate its existing merger agreement with SoftBank, subject to certain ...
India-based steelmaker JSW Ispat has announced that the Supreme Court of India has approved its merger with JSW Steel, though the certified copy of the approval is still awaited. JSW Ispat shareholders will get one JSW Steel share for every ...
Tags: JSW Ispat, JSW Steel Merger
Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
Safaricom expects to increase its data market share in Africa after reporting an increase in both voice and data revenue for its latest fiscal year. For the ended March 31, after-tax profit jumped 39 percent year over year to 17.5 billion ...
Tags: Computer Products, software, Data Business
US-based frozen food manufacturer Bellisio Foods has agreed to acquire Overhill Farms in an all-cash merger deal valued at approximately $80.9m. Overhill Farms is a supplier of custom prepared frozen foods for branded retail, private ...
Tags: Bellisio Foods, Frozen Foods
T-Mobile USA has dropped a pending challenge to the U.S. Federal Communications Commission's net neutrality rules. T-Mobile inherited the challenge when it merged with MetroPCS in a deal that closed earlier this month. MetroPCS and ...
Tags: T-Mobile, FCC, Net Neutrality Rules
US-based private equity firm Wind Point Partners is planning to merge two of its portfolio companies – Hearthside Food Solutions and Ryt-way Industries, a move which will create a leading contract food manufacturer in North America, ...
Tags: Wind Point Partners, food
Fairfax Financial Holdings has signed a merger agreement to enable Hartville Group of Canton, Ohio, to become a wholly-owned firm of Crum & Forster's US Fire Insurance, subject to customary conditions including regulatory approval. The ...
Tags: Fairfax, Hartville Group