International Business News - acquisition http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Canadian telecommunications equipment maker Nortel Networks Corp. said Thursday it bought DiamondWare Ltd. for $10 million in a move to strengthen its virtual web and voice communications offerings. http://www.ibtimes.com/articles/20080821/nortel-networks-buys-diamondware-for-10-million.htm Thu, 21 Aug 2008 08:00:55 EDT NCR Corp., which makes ATMs, store checkout scanners and self-service terminals, said Wednesday it has bought NCI Ltd. to enhance its offerings. Financial terms were not disclosed. http://www.ibtimes.com/articles/20080820/ncr-buys-united-kingdoms-nci-for-undisclosed-sum.htm Wed, 20 Aug 2008 18:19:55 EDT Business software maker Salesforce.com Inc. on Wednesday said it has bought software maker InStranet Inc. for $31.5 million. The deal adds 350,000 global call center agents to the Salesforce.com team, and will "help catapult our growth in the customer service and support space," said Marc Benioff, chairman and CEO of Salesforce.com. http://www.ibtimes.com/articles/20080820/salesforce-com-buys-instranet-for-31-5m.htm Wed, 20 Aug 2008 08:08:58 EDT Medical and surgical supplies distributor Owens & Minor Inc. said Tuesday it was acquiring privately held Burrows Co. for $30.2 million, excluding debt. http://www.ibtimes.com/articles/20080819/owens-minor-acquires-burrows.htm Tue, 19 Aug 2008 19:57:32 EDT A subsidiary of U.S. Bancorp on Tuesday agreed to purchase certain electronic banking assets from Palm Desert National Bank. U.S. Bank said it will buy the ATM and kiosk terminal management services, cash management and vault cash operations from Palm Desert's electronic banking solutions division. The operations handle nearly $1 billion in vault cash in more than 22,000 ATMs and advanced function kiosks nationwide. http://www.ibtimes.com/articles/20080819/u-s-bank-buys-atm-unit-from-palm-desert-bank.htm Tue, 19 Aug 2008 13:51:27 EDT Arthur J. Gallagher & Co., which provides insurance brokerage and risk-management services, said Tuesday it bought Dallas-based Wm. W. George & Associates Inc., an insurance broker specializing in construction, legal, manufacturing, staffing and other industries. http://www.ibtimes.com/articles/20080819/arthur-j-gallagher-buys-retail-insurance-broker.htm Tue, 19 Aug 2008 11:52:09 EDT Symantec Corp. is beefing up its security offerings for computers running Microsoft Corp.'s Windows operating system by buying PC Tools, a specialist in that area. http://www.ibtimes.com/articles/20080818/symantec-acquiring-pc-tools-security-firm.htm Mon, 18 Aug 2008 18:46:10 EDT Real Goods Solar Inc., which installs residential solar power systems, said Monday it has bought Independent Energy Systems Inc. Exact financial terms of the deal were not disclosed, though Real Goods said the consideration paid was within a targeted range of paying 50 percent to 60 percent of 2007 revenues. In 2007, Independent Energy had revenue of $6 million. http://www.ibtimes.com/articles/20080818/real-goods-solar-buys-independent-energy-systems.htm Mon, 18 Aug 2008 17:41:19 EDT Insurance provider Brown & Brown Inc. said Monday it bought Advanced Insurance Concepts Inc., which operates in Delaware, Pennsylvania and New Jersey. http://www.ibtimes.com/articles/20080818/brown-brown-buys-advanced-insurance-concepts.htm Mon, 18 Aug 2008 13:59:50 EDT Oilfield service company Weatherford International Ltd. has acquired a Houston-based business that evaluates geologic formations at the well site to reduce risk and operating time. http://www.ibtimes.com/articles/20080818/weatherford-buys-geologic-formation-analysis-firm.htm Mon, 18 Aug 2008 13:33:43 EDT Chemical company FMC Corp. on Monday said it completed the acquisition of a unit of International Specialty Products. The company said in May it would buy International Specialty Products' hydrocolloid ingredients business, which produces alginates, or seaweed extractions used in a wide range of food, pharmaceutical and specialty applications. http://www.ibtimes.com/articles/20080818/fmc-completes-purchase-of-ingredients-business.htm Mon, 18 Aug 2008 13:13:21 EDT Hospital operator HealthSouth Corp. said Monday it entered an agreement to buy a 38-bed rehabilitation hospital in Midland, Texas, from RehabCare Group of Midland LP. http://www.ibtimes.com/articles/20080818/healthsouth-to-acquire-rehab-hospital.htm Mon, 18 Aug 2008 12:41:07 EDT Genpact Ltd., a business services outsourcer, on Monday said it purchased a delivery center in Guatemala City from GE Money, marking its first acquisition in Guatemala. http://www.ibtimes.com/articles/20080818/genpact-ltd-acquires-delivery-center-in-guatemala.htm Mon, 18 Aug 2008 11:24:33 EDT Forest Oil Corp. said Monday it has agreed to buy energy producing assets from Cordillera Texas LP including about 85,000 net acres in Forest's greater Buffalo Wallow and East Texas/North Louisiana areas. http://www.ibtimes.com/articles/20080818/forest-to-acquire-production-assets-for-892m.htm Mon, 18 Aug 2008 10:48:09 EDT Electronic design software maker Cadence Design Systems Inc. on Friday withdrew its offer to buy smaller rival Mentor Graphics Corp. Cadence, which is based in San Jose, Calif., in June offered to buy Mentor Graphics for $16 per share, or about $1.45 billion. http://www.ibtimes.com/articles/20080815/cadence-withdraws-proposal-to-buy-mentor-graphics.htm Fri, 15 Aug 2008 15:55:26 EDT Tennant Co., which makes floor-cleaning equipment, said Friday it agreed to purchase Shanghai Shen Tan Mechanical and Electrical Equipment Co. Ltd., which has distributed its products for 12 years. http://www.ibtimes.com/articles/20080815/tennant-to-buy-chinese-distributor-of-its-products.htm Fri, 15 Aug 2008 10:12:34 EDT Chip maker Vishay Intertechnology Inc. said Friday it offered to buy power management chip maker International Rectifier Corp. for $1.6 billion in cash. http://www.ibtimes.com/articles/20080815/vishay-offers-to-buy-international-rectifier.htm Fri, 15 Aug 2008 16:41:57 EDT A subsidiary of energy producer Dominion has agreed to acquire Cirro Energy to gain a foothold in the Texas retail electricity market. Under terms of the agreement announced late Wednesday, Cirro will become a subsidiary of Dominion Retail, an energy marketing company, but financial terms were not disclosed. The deal is expected to close by the end of the third quarter. http://www.ibtimes.com/articles/20080814/energy-producer-dominion-to-buy-cirro-energy.htm Thu, 14 Aug 2008 13:52:36 EDT Logitech International SA said Thursday it will acquire privately held headphone maker Ultimate Ears for $34 million cash. The Swiss maker of computer peripherals and other accessories said the deal expands its portfolio of portable music-listening devices. http://www.ibtimes.com/articles/20080814/logitech-to-acquire-ultimate-ears-for-34m.htm Thu, 14 Aug 2008 08:42:53 EDT Ladish Co. Inc., which produces metal components and supplies forgings, castings and other components for the jet engine, aerospace and industrial markets, said Wednesday it will acquire Chen-Tech Industries Inc., a forger of jet engine components. http://www.ibtimes.com/articles/20080813/ladish-in-deal-to-acquire-forger-chen-tech.htm Wed, 13 Aug 2008 16:42:31 EDT