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Swiss bearings maker SKF to buy Kaydon for $1.25bn
2013-09-06 18:50:25| Industrial Machines - Topix.net
The Swedish bearings and lubrication systems maker SKF has signed a definitive agreement to acquire the US-based diversified industrial manufacturer Kaydon Corporation for about $1.25bn, or $35.50 per share, to improve its technology platforms.
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bearings
SKF acquires filtration maker Kaydon for $1.25 billion
2013-09-06 07:00:00| Nonwovens Industry Breaking News
Tags: billion
maker
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acquires
Webcam Maker Takes FTC's Heat for Internet-of-Things Security Failure
2013-09-06 00:56:50| TechNewsWorld
The FTC on Wednesday announced a settlement with Trendnet over its lax security practices. The action stemmed from privacy invasions that occurred in January 2012, when hackers posted live feeds to the Web from nearly 700 cameras made by the company. "Right now, we're doing enforcement, as you can see from the Trendnet case," said FTC spokesperson Peter Kaplan.
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failure
heat
Philips shows wireless cooker, coffee maker concepts
2013-09-05 23:07:51| Wireless - Topix.net
By using Wi-Fo to connect the HomeCooker Next concept, users can choose a recipe and the appliance will know how to cook it by stirring, changing the temperature and managing the time.
Tags: shows
wireless
coffee
concepts
Lego turns second-biggest toy maker
2013-09-05 11:54:20| BBC News | Business | UK Edition
Lego overtakes Hasbro to become the world's second-biggest toy maker after reporting a 13% rise in first-half sales.
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