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AUSTRALIA: Myer Holdings acquires Sass & Bide

2013-09-12 17:17:00| Daily apparel & textile news and comment - from just-style.com

Australia's largest department store retailer Myer Holdings has agreed to acquire the remaining 35% in women's fashion brand Sass & Bide for AUD30m (US$27.8m).

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LINN Acquires $525 Million Permian Properties

2013-09-12 15:45:00| OGI

LINN intends to finance this acquisition with proceeds from a committed $500 million senior secured term loan with certain participants.

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US: PTC acquires software hosting firm NetIDEAS

2013-09-12 14:37:00| Daily apparel & textile news and comment - from just-style.com

PTC has acquired long-term partner NetIDEAS, a software hosting firm specialising in product development and product lifecycle management (PLM).

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PRESS RELEASE: Bentall Kennedy Institutional Investor Client Acquires Pearson at 8A 886,826-SF New Jersey Distribution Center

2013-09-11 17:49:00| National Real Estate Investor

Patricia True Agos Bentall Kennedy advised an institutional investor client in the purchase of Pearson at 8A, an 886,826-sq.-ft. distribution center optimized for both environmental sustainability and supply chain management. The property is fully occupied by Pearson Education. read more

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Cisco acquires Whiptail to build faster servers

2013-09-11 09:21:00| Telecompaper Headlines

(Telecompaper) Cisco has signed an agreement to acquire solid-state memory system company Whiptail to enhance its Unified Computing System (UCS). Scalable from 1 to 30 nodes, Whiptail systems can deliver over four million IOPS and 360 Terabytes of raw capacity to help Cisco provide the workload optimisation required in the 'App Economy'. Under the terms of the deal, Cisco will pay around USD 415 million in cash and retention-based incentives in exchange for all shares of the privately-held company. The acquisition is expected to be completed by the end of October, subject to customary closing conditions.

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