Microsoft has sold its Mediaroom IPTV platform to Ericsson in order to solely focus on the Xbox. For Ericsson, the deal will make it the largest provider of "IPTV and multi-screen solutions," it said onMonday. The two companies didn't ...
Tags: Microsoft, IPTV Platform, Ericsson
Mohawk Industries, Inc. today announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity giving Mohawk the leading position in worldwide ceramic tile. The ...
Tags: Construction, ceramic tile
Yorkshire-based R&R Ice Cream has acquired the Lancashire family-owned ice cream maker Fredericks Dairies in a 49M deal. R&R Ice Cream has acquired Fredericks Dairies, which makes ice creams and iced refreshment for brands such as Cadbury ...
Tags: ice creams, iced refreshment
The US door manufacturer Masonite has submitted an application to the US Securities and Exchange Commission for Stock Exchange listing. The application is in connection with the planned initial public offering (IPO) of the ordinary shares, ...
Tags: door manufacturer, door
Cisco 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
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey. The Equipment Leasing and Finance ...
Teijin Limited announced today that it will establish a specialized department to accelerate materials business incubation through technology acquisitions and alliances from April 1. The new Technology Alliance Development Department, ...
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey. The Equipment Leasing and Finance ...
US-based ConAgra Foods has reported that its net earnings declined by 57.2% to $120m for the third quarter of 2013, compared with $280.1m in the same quarter in 2012 due to costs related to its acquisition of Ralcorp, although the move ...
Tags: Conagra Foods, Net Earnings, Agriculture
Teijin Limited announced that it will establish a specialized department to accelerate materials business incubation through technology acquisitions and alliances from April 1. The new Technology Alliance Development Department, ...
Tags: Textile, Industrial Equipment
Heffernan Insurance Brokers, a US based independent insurance brokerage, has promoted Jennifer Mahoney to the position of chief operating officer (COO). In her new role, Mahoney is expected to manage corporate governance, contracts, ...
Simparel, developer of the fastest growing fashion and apparel ERP solution in the North American marketplace, released its first 2013 quarterly update highlighting new projects and customer implementation success stories, setting the pace ...
Tags: Fashion ERP, fashion, apparel
The German kitchen manufacturer Alno is apparently planning to take over the brand rights and sales activities of up to three other kitchen furniture producers. The affected company’s production sites are not to be part of the ...
Tags: Alno, kitchen furniture, company strategy
Merger and acquisition activity has been pretty sparse in toy circles in recent times. Back in the 1980s Hasbro snaffled the Playskool and MB companies followed by Kenner Parker Tonka in the 1990s, the same decade in which Mattel flexed ...
Tags: Toys, Toy Industry
A dessert manufacturer is building a 2.5M factory in Cumbria that will create 50 jobs to cater for the growing trend for miniature desserts. Shot glass portions give customers a quick hit of indulgence "Everything's going miniature," ...
Tags: Dessert maker, Dessert, dessert manufacturer