Competitive carrier Paetec buys McLeodUSA
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Telecom carrier consolidation in the U.S. trickled down to competitive service providers on Monday as Paetec Holding Corp. agreed to acquire McLeodUSA, creating a company that will serve businesses in most of the country's largest metropolitan areas.
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The Carlyle Group said on Monday that it would buy the Sequa Corporation, a maker of aircraft and auto parts, for $2 billion.
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Private equity firm Carlyle Group  said on Monday it would buy aircraft and auto parts maker Sequa Corp.  for $2 billion.
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European Aeronautic Defence and Space Company NV acquired US military electronics company Racal Instruments Inc. in a deal worth up to US$130 million (euro105 million), the European defense giant said Wednesday.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.6bn).
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McAfee Inc., a leading maker of computer antivirus software, said Tuesday it is buying ScanAlert Inc. for $51 million, adding to its Internet security offerings a service intended to help consumers feel safer shopping online.
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GTech Corp. subsidiary PolCard S.A., has acquired privately held BillBird S.A., the leading provider of electronic bill payment services in Poland, for a total of approximately $6 million.
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Internet service provider's subscribers will be able to buy its premium services individually through Valista's technology.
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CALGARY (CP) - Oil giant EnCana Corp. is selling its British North Sea operations to Nexen Inc. for $2.1 billion US and wants to dispose of its businesses in Ecuador and the Gulf of Mexico as well to focus on North America.
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Williams Scotsman International, a Baltimore-based provider of mobile storage containers for the construction industry, agreed yesterday to be bought by the parent company of Algeco, a privately held French modular construction firm, for about $1.24 billion.
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The maker of cable for communications companies has agreed to buy the Andrew Corporation for about $2.6 billion to bolster sales to mobile phone and wireless Internet companies.
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LONDON (CBS.MW) -- Independent Canadian oil and gas company Nexen is to buy the UK subsidiary to fellow Canadian independent Encana for $2.
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Tekelec of Calabasas, Calif., said Friday it will acquire telecommunications solution provider, Steleus Group of Westford, Mass. Tekelec, a leading global supplier of telecommunications
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Concord Communications Inc., which makes software that manages computer networks, is acquiring privately held rival Aprisma Management Technologies Inc. for about $93 million in cash. Marlborough-based Concord said Aprisma, which is owned by Gores Technology Group LLC, turned an unspecified profit on 2004 revenue of about $43 million. Concord expects the acquisition to add to earnings in 2005. It will ...
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Arlington, Va.-based EADS North America has purchased Racal Instruments Inc., a designer, manufacturer and marketer of electronic tests and measurement equipment, for $105 million.
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Alcatel SA   completed  its acquisition of Lucent Technologies Inc.  on Thursday,  creating one of the world's biggest suppliers of network  equipment for mobile phones and high-speed Internet.
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SAN FRANCISCO -- McAfee Inc., a leading maker of computer antivirus software, said Tuesday it is buying ScanAlert Inc. for $51 million, adding to its Internet security offerings a service intended to help consumers feel safer shopping online.