Charles River Laboratories International has completed the acquisition of a provider of cGMP-compliant contract microbial identification testing services, Accugenix, for $17m in cash. The acquisition will enable Charles River to ...
Tags: acquisition, expansion, microbial detection services, medical service
Google's plan to cut 20% of the workforce at its Motorola Mobility unit has reignited internal fears that the Internet giant primarily had its eye on 17,000 Motorola patents when it acquired the mobile device maker in May. Google earlier ...
Crossbeam has been bought by private equity firm Thoma Bravo, opening up the door for the security company to expand its product line both in-house and via acquisitions. Known for its high-end X-Series hardware that supports software of ...
Tags: Blue Coat, BT, cloud, Crossbeam, Crossbeam bought
With each year, Oracle becomes a bigger company and in turn, so does its annual OpenWorld conference, which kicks off Sunday in San Francisco. In fact, Oracle's long run of acquisitions, spanning from applications to middleware to ...
Tags: Oracle, OpenWorld conference, 2012
Shares of technology companies finished up for the third quarter Friday, but face economic uncertainty for the rest of the year. The Nasdaq Computer Index closed Friday at 1,675.51 compared to 1,580.13 at the end of June. However, they ...
Tags: Wall Street, Tech, Q3
With approval from the Canadian government granted on Friday, China National Offshore Oil Corp. has crossed the biggest hurdle to its $15.1 billion takeover bid for Nexen and the deal should close by the end of the year, analysts said in ...
Tags: Cnooc Nexen, LNG export facility, Oil
Ingen Technologies, a provider of respiratory products, has signed a letter of intent (LOI) to purchase Canada-based SomaLife Consulting for $3m. SomaLife is involved in manufacturing new healthcare products including Soma Youth Formula, ...
Tags: Ingen Technologies, LOI, purchase, SomaLife Consulting, SomaLife
PayPal has acquired Card.io, a developer of technology for using mobile phone cameras to scan credit cards and capture relevant information, the companies said. The financial terms of the deal were not disclosed. PayPal is already using ...
Tags: PayPal, Card.io, mobile phone cameras
Infosys said it has signed a definitive agreement to acquire Lodestone Holding, a management consultancy firm in Zurich with skills in the area of SAP software, as the Indian company attempts to move into higher-value services. The ...
VKR Holding, under the umbrella of which numerous companies of the window, solar systems and air conditioning/ventilation technology sectors are grouped together, increased its turnover in the 2011 financial year by 4.5% vis à vis ...
Tags: VKR Holding, turnover, details, decline
Masonite now reckons with a combined corporate turnover to US$1.75bn this year and has thus raised its previous forecast published in the 2011 annul report by around US$50m. EBITDA is expected to reach roughly US$95m. The group expects that ...
Tags: Masonite, turnover, Algoma Hardwoods, acquisitions, report
US food manufacturer Rich Products Corp has made two acquisitions and formed a joint venture in the US. Pizza to dessert maker Rich's said the acquisition of Goglanian Bakeries and f'real, and its joint venture with The Stolbun is ...
Tags: Rich Products Corp, acquisition, joint venture, portfolio
Sparton Onyx, a subsidiary of Sparton, has acquired Onyx EMS, a manufacturer of medical devices for OEM and emerging technology companies, for $43.25m in cash. Onyx's commercial products include cardiovascular diagnostics, hearing ...
Tags: Onyx, Onyx EMS, medical devices, commercial products, Sparton
Levi Strauss & Co. announced that Harmit Singh will join the company as executive vice president and chief financial officer on January 16, 2013, reporting to company president and chief executive officer Chip Bergh. In this role, he ...
Tags: Harmit Singh, executive vice president, Levi Strauss, company news
OSI Systems' Optoelectronics and Manufacturing division has won orders of approximately $2m for various optical sensors from other healthcare OEM providers. OSI Systems is involved in designing, manufacturing as well as selling ...
Tags: OSI Systems, optical sensors, healthcare OEM