Month: July 2015

Acquisition of IBM’s Semiconductor Business by GLOBALFOUNDRIES is Completed PR Newswire ARMONK, N.Y., July 1, 2015 ARMONK, N.Y. , July 1, 2015 /PRNewswire/ — IBM (NYSE: IBM ) today announced that the acquisition of the company’s global commercial semiconductor technology business by GLOBALFOUNDRIES has been completed. With the closing of this transaction, GLOBALFOUNDRIES becomes IBM’s exclusive semiconductor processor technology provider for the next 10 years, ensuring a long-term supply of semiconductors for IBM systems […]

Orbotech Announces the sale by SPTS Technologies of its Thermal Products Business to SPP Technologies PR Newswire YAVNE, Israel, July 1, 2015 YAVNE, Israel , July 1, 2015 /PRNewswire/ — ORBOTECH LTD. (NASDAQ: ORBK) today announced that SPTS Technologies Group Ltd. (SPTS), an Orbotech company and supplier of advanced wafer processing solutions for the global semiconductor and related industries, has sold its Thermal Products business to SPP Technologies Co, Ltd […]

Sabre completes acquisition of Abacus International Leading GDS in Asia Pacific will enable accelerated global growth for Sabre PR Newswire SOUTHLAKE, Texas, July 1, 2015 SOUTHLAKE, Texas , July 1, 2015 /PRNewswire/ — Sabre Corporation (NASDAQ: SABR) today announced that it has completed the acquisition of Abacus International, the leading global distribution system (GDS) in the Asia-Pacific region. “The addition of Abacus further strengthens Sabre’s leading position in the fast-growing Asia-Pacific region,” said Sabre President & CEO Tom Klein . […]

CVC Capital Partners has Entered into Exclusive Negotiations with Astorg Partners to Acquire Linxens PR Newswire GUYANCOURT, France, July 1, 2015 GUYANCOURT, France , July 1, 2015 /PRNewswire/ — CVC Capital Partners (“CVC”) and Astorg Partners (“Astorg”) today announced that they have entered into exclusive discussions regarding the acquisition of Linxens (or “the Company”) by CVC. Headquartered in France , Linxens is the global leader in the design and manufacture of smart card connectors. Linxens has 1,100 employees, five manufacturing facilities and three research and development centres in Europe and Asia […]

UBM Acquires Global Sources’ Stake in eMedia Asia PR Newswire LONDON, July 1, 2015 LONDON , July 1, 2015 /PRNewswire/ — 100% ownership of the business adds attractive China International Optoelectronic Expo to UBM ‘ s portfolio of events in China UBM plc (LSE: UBM) today announced that it has acquired Global Sources Ltd.’s 60.1% interest in eMedia Asia Limited (“eMedia Asia “). Following this transaction, UBM will own 100% of eMedia Asia . The consideration for Global Sources’ 60.1% stake will be approximately USD $9.0m in cash, subject to adjustments for cash and working capital […]

Global Sources sells eMedia subsidiary PR Newswire HONG KONG, July 1, 2015 HONG KONG , July 1, 2015 /PRNewswire/ — Global Sources Ltd. (NASDAQ: GSOL) has sold its 60.1 percent interest in its eMedia Asia Limited subsidiary to UBM plc, the 39.9 percent shareholder, for approximately US$9.0 million in cash subject to adjustments for cash and working capital. eMedia’s business includes the China International Optoelectronic Expo ( CIOE ) and print and online publications serving Asia’s electronics community, namely various Asian editions of EE Times , Electronics Supply & Manufacturing and EDN . […]