Thermo Fisher Scientific has entered into a definitive agreement to purchase One Lambda, a provider of transplant diagnostics services, for $925m in cash. One Lambda offers antibody detection assays that are used by transplant centers for ...
Tags: Thermo Fisher, agreement, purchase, One Lambda
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
French retailer Auchan has become the latest major name in the sector to plant a flag in India. The privately-held company, which has stores in the Middle East, China and Russia, has struck a franchise deal with Dubai-based Landmark ...
Tags: BRICs, Auchan, retail sector
Emulex has announced its acquisition of Endace for $130m in cash. Founded in New Zealand, Endace specialises in network performance management, providing both software tools and network appliances to monitor and analyse switching traffic. ...
Tags: Emulex, acquisition, Endace, software-defined architectures
German carmaker Volkswagen has finalised the acquisition of remaining 50.1% share in sports car maker Porsche and to form an integrated automotive group by 1 August 2012. Porsche, which currently controls half of the business which is not ...
Tags: Volkswagen, Porsche, cooperation
Biome Technologies has announced that it will sell its 50% stake in Biotec to Sphere, for £5.2m in cash. The UK-based bio-plastics company said the sale will allow it to focus on its strategy to develop high margin, application led ...
Tags: stake, production technologies, bio-plastics
Looking beyond PCs and tablets,Lenovo on Monday announced the first server from the newly formed Enterprise Product Group,which deals in servers,storage,networking and software. The ThinkServer TD330 is a tower server based on Intel's ...
Tags: Lenovo, software, networking, server
Expansion of multi brand retailing expected in the wake of the recent decision of government to allow FDI in the sector will create unprecedented opportunities for the textiles and clothing industry of India according to a paper presented ...
Tags: multi brand, recent decision, FDI, clothing industry
UK-based Plessey Semiconductors Ltd has been shortlisted in the Electronics Product Category of the British Engineering Excellence Awards 2012,for its new MAGIC(MAnufactured on Gan ICs)High Brightness LED(HB-LED)products.The winners will be ...
Tags: China, British Engineering Excellence Award, HB-LED products
Peanut butter just got a makeover,as Planters introduces a new PB that has a bit of a punch.Created for adventure-seekers,the new line is the first national brand to add wholesome ingredients like bananas,granola,berries,raisins,cinnamon ...
Tags: Kraft Foods, peanut butter line, adventure-seekers, NUT-rtition line
Kraft Foods has said the split of the company in two, creating a North American grocery company and a global snacks manufacturer, will take place in October. The establishment of US grocery business Kraft Foods Group and international ...
Tags: Kraft Foods, snack, food, split in two
Computerworld - Seagate's stock price dropped 8% today after the company announced it expects weak first-quarter performance based on slowing PC sales. The news followed a lack-luster quarter, which Seagate reported yesterday. Seagate ...
Tags: Stocks, weak first-quarter, performance
Stanley Black & Decker Inc. has put up its hardware and home-improvement unit for sale in an auction that could fetch around $1.5 billion, people familiar with the matter said. The unit, part of Black & Decker before its 2010 merger with ...
Tags: Market View, hardware, hand tool, power tool
Driving Revenue with AIMS 360 eCommerce AIMS 360 offers a comprehensive, all-in-one ecommerce apparel software product that provides all of this branding/marketing functionally, and it is simple to learn and use. AIMS 360 EasyShop ...
Tags: AIMS 360 eCommerce software, ecommerce apparel software
RF and mixed-signal semiconductor maker Anadigics Inc of Warren,NJ,USA says that Tim Laverick has joined it as VP,infrastructure products,and Robert Bayruns has been promoted to VP&chief technology officer.Laverick is a business and ...
Tags: Anadigics, VP, CTO, semiconductor, microwave