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Tele Columbus to acquire Pepcom for 608m

2015-09-14 02:00:00| Total Telecom industry news

German cableco's latest acquisition grows subscriber base to 3.7 million; adds 1,600 business customers.

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PPG to acquire remaining interest in Chemfil Canada

2015-09-11 07:16:34| Chemicals - Topix.net

PPG Industries has reached an agreement with Chemfil Canada Ltd. to purchase the remaining interest of Chemfil, a joint venture between PPG and Madinal Enterprises. The acquisition is scheduled to be completed in the third quarter, and the final deadline is still subject to the customary closing conditions of such agreements.

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Ericsson to acquire Envivio for USD 125 million

2015-09-10 12:01:00| Telecompaper Headlines

(Telecompaper) Ericsson is expanding further in the broadcast sector with an agreed offer to acquire Envivio. Ericsson is offering USD 4.10 per share in cash, more than double Envivio's last closing share price, for a total price tag of USD 125 million. Ericsson said the acquisition will strengthen its position in video compression products, adding to its existing portfolio of media enrichment, processing, publishing, delivery and TV platforms for TV providers and broadcasters. Envidio specialises in software-based video encoding and counts a customer base of over 400 TV service provider and content owner customers around the world. Based in San Francisco, Envivio generated revenues of USD 43 million in 2014 and has a staff of approximately 200 employees worldwide. Top Envivio customers include Comcast, Cox Communications, Liberty Global, Sky, Telstra and Time Warner Cable. Its software for pay TV and TV Anywhere applications provides software-based video encoding/transcoding, processing, packaging and ad insertion. The software is available on Intel-based appliances or IT blade servers. Holders of 34 percent of Envivio's shares have already agreed to the takeover, and Ericsson expects the deal to close in Q4. 

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Flowers Foods to acquire Alpine Valley Bread Company for $120m

2015-09-10 01:00:00| Food Processing Technology

US-based bakery foods provider Flowers Foods has agreed to acquire Alpine Valley Bread Company, producer of certified organic and all natural breads, for $120m in cash and stock.

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XPO Logistics to Acquire Con-Way for $2.72 Billion

2015-09-10 00:30:40| Trucking - Topix.net

XPO Logistics Inc. is buying Con-Way Inc. in a deal that will expand the reach of both of the transportation and logistics companies. The companies announced the deal Wednesday, which is valued at $2.72 billion, or $3 billion including $290 million in debt.

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