Teledyne Technologies Inc., an engineering and electronic products maker, said Monday it has bought Optimum Optical Systems Inc. for an undisclosed sum. Optimum Optical, based in Camarillo, Calif., makes products used ... Read More
ABB, the Swiss engineering group, is buying British-based Chloride Group for an agreed £860 million ($1.25 billion), as it seeks to improve its automation offering. Shares in Chloride surged 18 percent ... Read More
Savvis Inc. plans to buy Canadian IT company Fusepoint for $124.5 million. Toronto-based Fusepoint, a portfolio company of M/C Venture Partners, reported $41.7 million in revenue in 2009. The company, led ... Read More
Saft, a supplier of advanced battery systems for defense applications, has developed a new lithium-ion battery for non-hybrid vehicles which would power the ignition, lighting and electrical hardware for long periods ... Read More
Sabreliner Corp. said Monday it won a contract with the U.S. Air Force Academy to provide engineering and research support for aging aircraft structures. The contract has a not-to-exceed value of ... Read More
Biotech drugmaker Regulus Therapeutics Inc. said Tuesday it will team up with Sanofi-Aventis SA, one of the world’s largest drug companies, in a drug development deal that could be worth more ... Read More
Pioneer Hi-Bred said Wednesday that it has agreements to buy NuTech Seed of Ames and two other seed companies, AgVenture of Kentland, Ind., and Hoegemeyer Hybrids of Hooper, Neb. Terms were ... Read More
Most of the assets of AAER Inc., a Quebec-based company that once aspired to establish itself as a wind turbine manufacturer but ended up in bankruptcy court, are being sold to ... Read More
St. Louis has applied to become a test market for Google’s experimental ultra-fast fiber optic Internet service, and a PC World blogger thinks the Gateway to the West would be a ... Read More
Troy-based credit card processing company North American Bancard Inc. has closed on the acquisition of Haines, Fla.-based Point and Pay, an electronic payment processing service company for the public sector. The ... Read More