Electrochem Getting All Powered Up
The assets have been acquired of a firm whose products operate in environments where wired are undesirable or impractical.
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Satlynx Has A Moving Experience
Following their acquisition this last spring by GE, Satlynx has moved their headquarters.
Read MoreNovaTel To Start Afresh With Hexagon
NovAtel Inc. (NASDAQ:NGPS), a Calgary-based provider of global navigation satellite technology, has struck a friendly deal to be acquired by one of its key customers, Hexagon AB [STO:HEXA.B] of Sweden, for US$50 per share, or US$390 million.
Read MoreHexagon Firms Up Their Positioning Capabilities
Hexagon AB [STO:HEXA B] and NovAtel Inc [NASDAQ:NGPS] are going to be the fastest of friends… the firms have entered into a definitive agreement under which Hexagon has agreed to acquire all the outstanding shares of NovAtel for US$50D per share.
Read MoreNokia Nabs NAVTEQ
The news blurted out the information early yesterday morning during the business report — Nokia is going to acquire NAVTEQ for an aggregate purchase price of about $8.1 billion (€5.7 billion), or approximately $7.7 billion (€5.4 billion) of NAVTEQ existing cash balance. That works out to about $78 per each share of NATBEQ, including outstanding options.
Read MoreDish Could Dish Out Dish-Sized Portions
EchoStar Communications Corporation’s [NASDAQ: DISH] Board of Directors has directed Management to pursue a possible separation of its businesses into two distinct ,publicly traded companies. EchoStar recently submitted a request to the Internal Revenue Service for a ruling as to the tax-free nature of the transaction. Under the proposed plan, EchoStar's U.S. consumer pay-TV business would continue to operate as the DISH Network.
Read MoreLoral Brings Telesat Canada Into The Fold… Officially!
We all knew it was going to occur, but now all is official! Industry Canada has approved the acquisition of Telesat Canada by Loral [NASDAQ:LORL] and their Canadian partner, the Public Sector Pension Investment Board (PSP Investments. On December 16th, 2006, the joint venture company formed by Loral and PSP Investments entered into a definitive agreement with BCE Inc. [TSX/NYSE:BCE] to acquire 100 percent of Telesat Canada’s stock from BCE for CAD 3.25 billion.
Read MoreAntennas Acquisition By NovAtel
NovAtel Inc. [NASDAQ: NGPS] has acquired privately-held Antcom Corporation, a communication company specializing in the design, development and manufacturing of antenna and microwave products for commercial and military customers in the space, ground and avionics telecommunications markets.
Read MoreITT Gains More Defensive Acumen
ITT Corporation [NYSE: ITT] and EDO Corporation [NYSE: EDO] have reached a definitive agreement for ITT to purchase all outstanding shares of EDO for $56 per share in cash. Including approximately $120 million of net debt and the anticipated conversion of convertible notes, this transaction values EDO at $1.7 billion.
Read MoreAn Acquisition By Apax of Major Importance
Apax Partners has successfully completed their purchase of Telenor Satellite Services. Telenor will now be blended into Apax’ Vizada brand. Apax now combines the resources of two industry veterans – the former Telenor Satellite Services (TSS) and the former France Telecom Mobile Satellite Communications (FTMSC) under the Vizada brand – maintaining continuity of service for existing customers while creating a new market leader in the global satellite communications industry.
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