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Harris reviewing HQ location with Exelis acquisition

2015-02-07 14:59:07| Wireless - Topix.net

Harris CEO WIlliam Brown confirmed that there will be "realignment of the way we are organized," with the acquisition of Exelis Inc. A company spokesman confirmed that will include a decision about where headquarters operations will be located. The acquisition of Exelis Inc. by Harris Corp. could have major implications for Greater Washington - namely, a new headquarters for one of the biggest defense companies.

Tags: location acquisition harris reviewing

 

UBM Asia Enters Digital Textile Printing Market With The Acquisition Of CSTPF

2015-02-06 04:45:07| textileweb News Articles

UBM Asia announces today that it has entered the digital textile printing market through the acquisition of "China (Shanghai) International Printing Industry Expo (CSTPF)" from SUNEXPO

Tags: digital market asia printing

 
 

Dong Energy completes acquisition of Hornsea Project One in UK

2015-02-05 01:00:00| Power Technology

Dong Energy has acquired the UK-based 1.2GW Hornsea Project One offshore wind project from co-owner SMart Wind.

Tags: uk project energy acquisition

 

J M Smucker moves into pet food segment with $3.2bn Big Heart Pet Brands acquisition

2015-02-04 01:00:00| Food Processing Technology

American Food Company J M Smucker has agreed to acquire Big Heart Pet Brands in a deal worth $5.8bn.

Tags: big food heart pet

 

Lenovo sales up 31%, profits fall on acquisition costs

2015-02-03 08:34:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenues for its fiscal third quarter of USD 14.1 billion, up 31 percent year-on-year. Adjusted pretax profit, excluding costs for the company's takeovers of Motorola Mobility and IBM's x86 server business, rose 8 percent to USD 348 million. Including these costs, net profit for the three months to December fell 5 percent to USD 253 million. PCs accounted for 65 percent of the company's revenue, down from 81 percent a year ago, while Mobile delivered 24 percent and Enterprise contributed 9 percent. Lenovo shipped 16 million PCs in the quarter, up 4.9 percent year-over-year. Motorola shipped over 10 million phones, more than double the year-earlier period, and contributed USD 1.9 billion to Lenovo's total USD 3.4 billion in mobile revenues.

Tags: sales fall costs acquisition

 

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