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Monthly Archives: June 2010

Teledyne buys Optimum Optical

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

Swiss ABB to buy Chloride Group for $1.25 billion

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 to acquire Fusepoint for $124.5 million

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 develops Li-ion batteries for military applications

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 inks U.S. Air Force Academy deal

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

Regulus, Sanofi-Aventis form $750M partnership

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 says it will acquire 3 seed firms

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

Pioneer Power to enter wind turbine market

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

PC World blogger likes St. Louis for Google fiber project

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

North American Bancard buys electronic payment company Point and Pay

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