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Tag: business sells
Monsanto's Climate Corp. sells insurance business
2015-08-03 14:45:26| Chemicals - Topix.net
Monsanto's Climate Corp. said Friday it would sell its crop insurance business to AmTrust North America, a subsidiary of AmTrust Financial Services Inc. The agreement provides AmTrust, a multinational insurance holding company based in New York, exclusive access to Climate Corp. technologies that can be applied in the crop insurance industry for up to three years, Climate Corp. said. Climate Corp. said its carrier, OneBeacon Insurance Group, would work to achieve a smooth transition for CCCIB's customers.
Tags: business
insurance
corp
climate
Cisco quits set-top box market, sells business to Technicolor
2015-07-23 15:26:15| Wireless - Topix.net
After 10 years of making networked set-top boxes, Cisco Systems plans to quit the business, selling its Connected Devices division to French firm Technicolor, the companies said Thursday. Although Cisco will stop making video customer premises equipment for service providers, it will continue to develop software and cloud services to help telcos deliver IPTV and other video services to their customers, Cisco's business development director Hilton Romanski wrote in a blog post.
Tags: business
box
market
cisco
Houston energy contractor sells portion of business segment
2015-06-15 22:25:51| Energy - Topix.net
Willbros Group Inc. , which has faced financial struggles in recent months, has completed the sale of one portion of its professional services segment. On June 12, Willbros closed the sale of its Louisiana-based downstream engineering services and its Oklahoma-based heater engineering services to a group led by Bernhard Capital Partners.
Tags: business
energy
portion
houston
Cognex Sells Surface Inspection Business to Ametek
2015-06-08 07:00:00| Nonwovens Industry Breaking News
Unit sales were $60 million last year.
Tags: business
surface
inspection
sells
BP sells stake in CATS business to Antin for 324m
2015-04-24 01:00:00| Offshore Technology
BP has agreed to sell its stake in the Central Area Transmission System (CATS) business in the UK North Sea for 324m ($486m) to Antin Infrastructure Partners, which already owns a majority interest in the business.
Tags: business
cats
sells
stake
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