Broadcom Corp. made it official Wednesday (Feb 3) it is spending $123 million to acquire startup Teknovus Inc. (Petaluma, Calif.) for its Ethernet passive optical networking technology chipsets and software. “Today ... Read More
Chloride Group, the British power supply company, said Friday that it has accepted an improved takeover bid from the American competitor, Emerson Electric, that values it at £997 million ($1.5 billion). ... Read More
Brazil on Tuesday opened the world’s first ethanol-fueled power plant in an effort by the South American biofuels giant to increase the global use of ethanol and boost its clean power ... Read More
Jazz Air LP plans to replace some of its aging fleet of passenger aircraft and spend up to US$937 million to purchase as many as 30 new turboprops from Bombardier, the ... Read More
A St. Louis-based unit of Boeing won a contract worth about $69.7 million by the U.S. Air Force for the initial engineering, manufacturing and development of QF-16 Full Scale Aerial Targets, ... Read More
A St. Louis-based unit of Boeing and Stirling Energy Systems (SES) inked a deal calling for the Scottsdale, Ariz.-based solar power developer to integrate the aerospace company’s high-concentration photovoltaic cells into ... Read More
The Boeing Company today unveiled the hydrogen-powered Phantom Eye unmanned airborne system, a demonstrator that will stay aloft at 65,000 feet for up to four days. “Phantom Eye is the first ... Read More
Boeing said Wednesday that it agreed to acquire privately held network security firm Narus for an undisclosed amount. Narus, which employs about 150 people worldwide, is based in Sunnyvale, Calif. It ... Read More
Boeing Co. said on Friday that it sent layoff notices to more than 1,000 people, including nearly 100 in the St. Louis. Most of the layoffs were technology workers in Washington ... Read More
Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc., the Federal Trade Commission said on Tuesday. Boeing said in early June that it would buy Argon ... Read More