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Sterling Energy to acquire a 10% stake in Odewayne block, Somaliland
2013-10-29 01:00:00| Hydrocarbons Technology
Sterling Energy East Africa has entered into an agreement with Petrosoma to acquire 10% of the production sharing contract (PSC) in the Odewayne block in onshore Somaliland.
Tags: energy
block
sterling
acquire
Ontario-based packager CCL Industries to acquire Advance Packaging Films
2013-10-28 15:19:00| Canadian Plastics Headlines
Toronto-based specialty label and packaging maker CCL Industries is getting into the in-house extrusion business with an agreement to acquire the assets of Advanced Packaging Films GmbH, of Schkopau, Germany, for approximately $9 million in...
Tags: films
advance
industries
packaging
NTT Com to acquire Virtela for USD 525 mln
2013-10-28 12:42:00| Telecompaper Headlines
(Telecompaper) Japan's NTT Communications has agreed to buy cloud networking services provider Virtela Technology Services for USD 525 million in cash. Together, NTT Com and Virtela will offer customers a single partner for the full lifecycle of enterprise network services, NTT said. Virtela's service activation and advanced management infrastructure will enhance NTT Com's broadband network services provided around the world. The acquisition expands NTT Com's services coverage from 160 to more than 190 countries. NTT Com will also upgrade its cloud-based network services with Virtela's network function virtualisation (NFV) technology to virtualise the functions of customer network equipment, such as firewalls and WAN accelerators.
Heritage Oil to acquire interest in Papua New Guinea exploration blocks
2013-10-25 01:00:00| Hydrocarbons Technology
Heritage Oil has agreed to farm-in to two exploration blocks onshore Papua New Guinea with Kina Petroleum.
Tags: interest
oil
heritage
blocks
PROS Announces Plans to Acquire Cameleon Software, a Market Leading CPQ Company
2013-10-24 16:00:18| Steel - Topix.net
The transaction has been approved by the Boards of Directors of both PROS and Cameleon, respectively on the 22 and the 24 of October, 2013.
Tags: software
company
market
plans
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