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Otis Elevator Buys Competitor's Japanese Business After Accident

2016-04-06 02:09:20| Industrial Machines - Topix.net

The Japanese subsidiary of Otis Elevator Co. purchased competitor Schindler elevator's Japanese business, the companies announced Tuesday, a decade after a deadly accident involving Schindler equipment.

Tags: business japanese accident competitors

 

Verizon buys 24.5% stake in AwesomenessTV

2016-04-06 02:00:00| Total Telecom industry news

Deal values DreamWorks-owned online video company at $650 million.

Tags: buys verizon stake buys stake

 
 

Lawrence Livermore Lab Buys Brainy IBM Supercomputer

2016-04-05 17:23:07| TechNewsWorld

IBM last week announced that Lawrence Livermore National Laboratory has purchased its TrueNorth processor-based cognitive computing platform. The purchase included an end-to-end ecosystem and a multisocket host node. The lab will build a supercomputer based on the platform to see how neural networks might be used in the U.S. National Nuclear Security Administration's cybersecurity program.

Tags: ibm lawrence lab buys

 

Kadant Buys PAALGROUP's RT Holding For $58M

2016-04-05 15:07:15| Paper - Topix.net

Kadant Inc. announced on Monday it has acquired all of the outstanding shares of RT Holding GmbH, the parent corporation of a group of companies known as the PAALGROUP, for approx. a 51 million in cash, or approx.

Tags: holding buys 58m kadant

 

Genuine Parts Company And AutoZone Are Good Buys - Cramer's Lightning Round

2016-04-04 14:40:42| Auto Parts - Topix.net

Genuine Parts Company : The average car age is about 12 years. This makes Genuine Parts Company and AutoZone attractive buys.

Tags: good company parts round

 

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