TargetAcquirerValue ($millions)Synopsis
IBM-X86 Server hardware BusLenovo Group Ltd2,312.1US - Lenovo Group Ltd (Lenovo) of Hong Kong, definitively agreed to acquire the x86 server hardware business of International Business Machines Corp {IBM}, an Armonk-based manufacturer of computer products, for USD 2. 312 bil. The consideration was to consist of USD 2.07 bil in cash and the issuance of 182 mil Lenovo ordinary shares valued at USD 242.078 mil. The shares were valued based on Lenovo's closing stock price of USD 1.33 on 22 January 2013, the last full trading day prior to the announcement. The transaction was to include System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. Originally, in April 2013, Lenovo was rumored to be planning to acquire the x86 server hardware business of IBM.
AWS Holding LLCVMware Inc1,540.0US - VMWare Inc (VMWare) definitively agreed to acquire the entire share capital of AWS Holding LLC, an Atlanta-based developer of enterprise mobility software, for an estimated USD 1.54 bil. The consideration was to consist of USD 1.175 bil in cash and the issuance of USD 365 mil in VMWare common shares.
Vulcan Materials Co-Cement BusCementos Argos SA720.0US - Cementos Argos SA of Colombia, a majority owned unit of Inversiones Argos SA definitively agreed to acquire the cement and concrete businesses of Vulcan Materials Co, a Birmingham-based manufacturer, wholesaler and retailer of construction materials, for USD 720 mil in cash.
Solstas Lab Partners Group LLCQuest Diagnostics Inc570.0US - Quest Diagnostics Inc definitively agreed to acquire Solstas Lab Partners Group LLC, a Greensboro-based owner and operator of medical laboratories, for an estimated USD 570 mil.
Cameron International Corp-UniGeneral Electric Corp550.0US - General Electric Corp {GE} definitively agreed to acquire the reciprocating- compression unit of Cameron International Corp, a Texas-based manufacturer and wholesaler of oil and gas pressure control equipment, for an estimated USD 550 mil.
Upper Peninsula Power CoBBIP298.8US - Balfour Beatty Infrastructure Partners LLP of the UK, a unit of Balfour Beatty PLC, definitively agreed to acquire the entire share capital of Upper Peninsula Power Co, a Green Bay-based electric utility company, from Integrys Energy Group Inc, for an estimated USD 298.8 mil.
Eaton-Aerospace Power DistSafran SA270.0US - Safran SA of France definitively agreed to acquire the Aerospace Power Distribution Management Solutions and Integrated Cockpit Solutions business of Eaton Corp PLC, a Dublin-based manufacturer and wholesaler of electrical components and systems, for USD 270 mil in cash.
ConnectOne Bancorp IncCenter Bancorp Inc,Union,NJ242.1US - Center Bancorp Inc definitively agreed to merge with ConnectOne Bancorp Inc, an Englewood Cliffs-based provider of commercial and consumer banking services, in a stock swap transaction valued at USD 242.097 mil. Center Bancorp Inc offered 2. 6 common shares per ConnectOne share. Based on Center Bancorp's closing stock price of USD 17.54 in 17/JAN/2014, the last full trading day prior to the announcement, each ConnectOne share was valued at USD 45. 604.
St Regis Bal Harbour ResortAl Rayyan Tourism Investment213.0US - Al Rayyan Tourism Investment Co of Qatar, a subsidiary of Al Faisal Holding acquired St Regis Bal Harbour Resort,a Bal Harbour-based owner and operator of resort, from Starwood Hotels & Resorts Worldwide Inc, for USD 213 mil.
Central Community,Temple,TexasBancorpSouth Inc209.5US - BancorpSouth Inc (BSI) definitively agreed to acquire the entire share capital of Central Community Corp, a Temple-based bank holding company, for USD 209. 533 mil, in a stock swap transaction. The consideration was to consist of USD 28.5 mil in cash and the issuance of 7.25 mil BSI common shares valued at USD 181.033 mil. The shares were valued based on BSI's closing stock price of USD 24.97 on 21 January 2014, the last full trading day prior to the announcement.
North Valley BancorpTriCo Bancshares,Chico,CA168.3US - TriCo Bancshares (TriCo) agreed to acquire the entire share capital of Redding-based North Valley Bancorp (North Valley), in a stock swap transaction, valued at USD 168.261 mil. TriCo offered 0.9433 share per North Valley common share. Based on TriCo's closing stock price of USD 27.66 on 17 January 2013, the last full trading day prior to the annoucement, each North Valley share was valued at USD 26.092.
Affinia Group Inc-Global BusVCS Quest Acquisition LLC150.0US - VCS Quest Acquisition LLC, a wholly owned unit of Icahn Enterprises LP's Federal-Mogul Corp subsidiary definitively agreed to acquire the global chassis business of Affinia Group Inc, an Ann Arbor-based manufacturer and wholesaler of motor vehicle parts and a unit of Affinia Group Intermediate Holdings Inc, for USD 150 mil.
Media World LLC-TV NetworksHemisphere Media Holdings LLC102.2US - Hemisphere Media Holdings LLC, a wholly-owned unit of Hemisphere Media Group Inc, definitively agreed to acquire three Spanish-language cable television network businesses of Media World LLC, a Miami-based provider of cable television services and a wholly-owned unit of Imagina US, a majority-owned unit of MEDIAPro SA, for USD 102.18 mil in cash.
Central States Trucking Co IncForward Air Corp95.6US - Forward Air Corp definitively agreed to acquire the entire share capital of Central States Trucking Co Inc, a Bensenville-based provider of trucking services, for USD 95. 6 mil. The transaction was to include the entire share capital of Central States Logistics Inc.
Project Rover IncAOL Inc90.7US - AOL Inc agreed to acquire Project Rover Inc, a Santa Monica-based provider of Internet content optimization and personalization services, for an estimated USD 90.7 mil in cash.
Sancoa International Co LPCCL Industries Inc71.0US - CCL Industries Inc of Canada agreed to acquire Sancoa International Co LP, a Lumberton-based provider of labeling and printing services, for USD 71 mil. The transaction was to include TubeDec LLC.
LS9 IncRenewable Energy Group Inc61.6US - Renewable Energy Group Inc (REGI) acquired LS9 Inc, a San Francisco-based manufacturer of industrial chemicals and fuels, for USD 61.616 mil. The consideration consisted of USD 15.3 mil in cash, up to a further USD 21. 5 mil in profit-related payments, and the issuance of 2.2 mil REGI common shares valued at USD 24.816 mil. The shares were valued based on REGI's closing stock price of USD 11.28 on 21 January 2014, the last full trading day prior to the announcement.
VPS Convenience Store Group-GaGPM Investments LLC60.0US - GPM Investments LLC, a unit of Petro Group Ltd, signed a Memorandum of Understanding {MoU} to acquire 165 gasoline stations and convenience stores of VPS Convenience Store Group, a Wilmington-based owner and operator of gasoline stations and convenience stores, for USD 60 mil.
Merrill PlaceHudson Pacific Properties Inc57.7US - Hudson Pacific Properties Inc agreed to acquire Merrill Place, a Seattle-based owner and operator of an office building, from a joint venture between Angelo Gordon & Co LP, Nitze-Stagen Co Inc, and Mile Rock Capital LLC, for an estimated USD 57.7 mil.
EADS North A Test & ServicesAstronics Corp53.0US - Astronics Corp definitively agreed to acquire EADS North America Test & Services Inc, an Irvine-based manufacturer of test & measurement systems, from European Aeronautic Defense & Space Co (EADS) North America, a unit of European Aeronautic Defense & Space Co NV, for an estimated USD 53 mil in cash.
Jefferson Bancshares IncHometrust Bancshares Inc52.8US - HomeTrust Bancshares Inc (HomeTrust) definitively agreed to acquire the entire share capital of Morristown-based Jefferson Bancshares Inc, for USD 8 per share, or a total value of USD 52.762 mil. The consideration was to consist of USD 4 in cash and USD 4 in common share per share, subject to collar agreement. The shares were valued based on HomeTrust's closing stock price of USD 15. 85 on 22 January 2013, the last full trading day prior to the announcement.
Luna Innovations Inc-MedicalIntuitive Surgical Inc30.0US - Intuitive Surgical Inc, through its Intuitive Surgical Operations Inc and Intuitive Surgical International Ltd units, acquired the medical shape sensing business of Luna Innovations Inc, a Roanoke-based develops and manufactures fiber optic sensing, instrumentation and secure computing and communications products, for USD 30 mil. The consideration was to consist of USD 20 mil in cash and up to USD 10 mil in profit-related payments.
Victory PlazaKennedy-Wilson Holdings Inc30.0US - Kennedy-Wilson Holdings Inc acquired Victory Plaza, a Los Angeles-based owner and operator of a retail center, for USD 30 mil.
Directed MFG IncRTI International Metals Inc23.0US - RTI International Metals Inc acquired Directed MFG Inc, an Austin-based manufacturer of additive metals and plastics, for USD 23 mil in cash.
Santa Fe Gold CorpTyhee Gold Corp15.1US - Tyhee Gold Corp of Canada agreed to acquire the entire share capital of Santa Fe Gold Corp, an Albuquerque-based gold, silver and copper mining company, in a stock swap transaction, for USD 15. 082 mil. Tyhee offered 0.9 common shares per Santa Fe share and 0.45 warrant convertible to 52.920 mil Tyhee common shares. The shares were valued based on Tyhee's closing stock price of USD 0.095 in 16/JAN/2014, the last full trading day prior to the announcement.
Midwest Bancshares IncPeoples Bancorp,Marietta,OH12.6US - Peoples Bancorp Inc (Peoples) definitely agreed to acquire the entire share capital of Midwest Bancshares Inc, a Wellston-based bank holding company, for USD 12.6 mil in cash and Peoples common shares.
Sullivan International GroupEQM Technologies & Energy Inc4.1US - EQM Technologies & Energy Inc signed a memorandum of understanding (MoU) to merge with Sullivan international Group Inc, a San Diego-based provider of applied science services for an estimated total value of USD 4.08 mil. The consideration was tpo consist of USD 2 mil in cash , 16 mil shares valued at USD 2.08 mil. The shares were valued based on EQM Technology & Energy Inc's closing stock price of USD 0.13 on 20 January 2014, the last full trading day prior to the announcement.
Kovio Inc-Manufacturing AssetsThin Film Electronics ASA3.7US - Thin Film Electronics ASA of Norway acquired the manufacturing assets of Kovio Inc, a Milpitas-based manufacturer of semiconductors for USD 3.67 mil. The consideration consisted of USD 2.7 mil in cash and the issuance of 1 mil Thin Film Electronics ordinary shares valued at USD .97 mil. The shares were valued based on Thin Film Electronics' closing stock price of NOK 5.99 on 20 January 2014, the last full trading day prior to the announcement.
Alix Resources-Golden ZoneChulitna Mining Co LLC0.2US - Chulitna Mining Co LLC acquired a 51% interest in the Golden Zone property of Alix Resources Corp, a Vancouver-based mineral mining company, for USD 0.2 mil in cash.
HPIP Lavaca LLCAmerican Midstream Partners LP0.0US - American Midstream Partners LP agreed to acquire HPIP Lavaca LLC, a Delaware-based investment company, from Arclight Capital Partners LLC, for USD .001 mil.
Shale Corp0922327 BC Ltd US - 0922327 BC Ltd of Canada agreed to acquire the entire share capital of Shale Corp, an oil and gas exploration and production company.
Alliance Steel IncAssociated Steel Group US - Associated Steel Group, a special purpose acquisition vehicle formed by Promus Capital's Promus Equity Partners unit, acquired Alliance Steel Inc, an Oklahoma City-based manufacturer of metal building components, in a leveraged buyout transaction.
Vapor Group IncAvWorks Aviation Corp US - AvWorks Aviation Corp agreed to merge with Vapor Group Inc, a Davie-based producer of electronic cigarettes.
Adayana IncAVX Learning LLC US - AVX Learning LLC, a unit of the ComVest Group's AVX Holdings Inc subsidiary, acquired Adayana Inc, an Indianapolis-based provider of consulting services.
Culver Enterprises IncCurtis Bay Medical Waste Svcs US - Curtis Bay Medical Waste Services acquired Culver Enterprises Inc, a Salisbury-based provider of medical waste disposal services.
Mainstreet Commerce LLCDemandware Inc US - Demandware Inc acquired Mainstreet Commerce LLC, a Deefield Beach-based developer of order management solutions software.
Alpena Banking CorpFirst Federal of Northern,MI US - First Federal Of Northern Michigan Bancorp Inc agreed to merge with Alpena Banking Corp, an Alpena-based bank holding company.
API Healthcare CorpGE Healthcare US - GE Healthcare, a unit of General Electric Co, agreed to acquire API Healthcare Corp, a Hartford-based developer of human management software for the healthcare industry, from Francisco Partners II LP. Terms were not disclosed.
Heller FordGroup 1 Automotive Inc US - Group 1 Automotive Inc acquired Heller Ford, an Escondido-based owner and operator of new and used car dealerships. On completion, Heller Ford was renamed Ford of Escondido. Concurrently, Group 1 Automotive Inc acquired Heller Hyundai.
Heller HyundaiGroup 1 Automotive Inc US - Group 1 Automotive Inc acquired Heller Hyundai, an Escondido-based owner and operator of new and used car dealerships. On completion, Heller Hyundai was renamed Hyundai of Escondido. Concurrently, Group 1 Automotive Inc acquired Heller Ford.
Global Earth Energy IncHawk Manufacturing Inc US - Hawk Manufacturing Inc definitively agreed to acquire an undisclosed majority interest in Global Earth Energy Inc, a Wilmington-based provider of management advisory services, from RSI Solar Inc.
Blinds.comHome Depot Inc US - Home Depot Inc acquired Blinds.com, a Houston-based provider of ecommerce services. Terms of the deal were not disclosed.
uberVU IncHootSuite Media Inc US - Hootsuite Media Inc of Canada acquired uberVU Inc, a Cambridge-based provider of social media services. Terms were not disclosed.
Baraboo National Bk-Green LakeHoricon Bank,Wisconsin US - Horicon Bank planned to acquire the Green Lake branch of Baraboo Bancorp Inc's Baraboo National Bank.
MagnaCare Holdings IncInvestor Group US - An investor group, comprised of Goldman Sachs Group Inc, Pamplona Capital Management LLP and the management of MagnaCare Holdings Inc (MagnaCare) acquired MagnaCare, a New York-based provider of health plan services, from HIG Capital LLC, in a leveraged buyout transaction.
AllCare Home Health LLCInvestor Group US - An investor group, comprised of SCL Health System and Univita Health Inc, acquired AllCare Home Health LLC, an Aurora-based provider of home health services. Terms were not disclosed.
Project PieLee Equity Partners LLC US - Lee Equity Partners LLC acquired Project Pie, a San Diego-based owner and operator of pizza chains, in a leveraged buyout transaction. Terms of the deal were not disclosed.
Heemskirk-optioned bariteMarquis Alliance Energy Group US - Marquis Alliance Energy Group Inc agreed to acquire an optioned barite exploration interest of Heemskirk Consolidated Ltd, a Melbourne-based metal mining company. Concurrently, Marquis Alliance agreed to acquire the Lethbridge Mineral products plant for CAD 12 mil (USD 10.963 mil).
SmartReceipt IncMobivity Holdings Corp US - Mobivity Holdings Corp signed a Letter of Intent {LoI} to acquire SmartReceipt Inc, a Santa Barbara-based developer of marketing software.
Cornish & Carey Commercial IncNewmark Grubb Knight Frank US - Newmark Grubb Knight Frank, a unit of BGC Partners Inc, agreed to acquire Cornish & Carey Commercial Inc, a Palo Alto-based provider of real estate services. Terms were not disclosed.
Alphametrix 360 LLCOpus Fund Svcs(Bermuda)Ltd US - Opus Fund Services (Bermuda) Ltd of Bermuda acquired AlphaMetrix 360 LLC, a Chicago-based provider of investment management.
JHP Group Holdings IncPar Pharmaceutical Cos Inc US - Par Pharmaceutical Cos Inc of the US, a unit of TPG Capital LP definitively agreed to acquire JHP Group Holdings Inc, a Parsippany-based manufacturer and wholesaler of pharmaceuticals.
Baraboo National Bank-BranchPSB Hldg,Wausau,WI US - PSB Holdings Inc, through its wholly-owned unit Peoples State Bank, agreed to acquire the Northwoods National Bank - Rhinelander branch of Baraboo National Bank, a unit of Baraboo Bancorp Inc.
Hewlett Packard-PatentQualcomm Inc US - Qualcomm Inc acquired the patent portfolio of Hewlett-Packard Co, a Palo Alto-based manufacturer and wholesaler of computers, electronic testing and measuring equipment. Terms were not disclosed. The transaction was to include patent portfolios of Hewlett- Packard Development Co LP and Palm Inc.
Push IO IncResponsys Inc US - Responsys Inc acquired Push Io Inc, a Boulder-based provider of cloud marketing services. Terms are not disclosed.
Citadel Restoration & RepairRust-Oleum Corp US - Rust-Oleum Corp, a unit of RPM International Inc, acquired Citadel Restoration & Repair, a North Saint Paul-based manufacturer and wholesaler of concrete and wood deck floor coatings. Terms were not disclosed.
UserfoxSemantic Sugar Inc US - Semantic Sugar Inc acquired Userfox, a San Francisco-based provider of e- mail retention services. Terms were not disclosed.
Scout Analytics IncServiceSource Intl Inc US - ServiceSource International Inc acquired Scout Analytics Inc, an Issaquah-based developer of revenue management solutions software.
Kimball International Inc-ElecShareholders US - Kimball International Inc planned to spin off its Electronic Manufacturing Services (EMS) Segment unit to its shareholders.
Paypal IncShareholders US - In 22 January 2014, eBay Inc, planned to spin off its Paypal Inc unit, a Mountain View-based provider of ecommerce retail services, to its shareholders.
BuyerZone.com IncTechMediaNetwork Inc US - TechMediaNetwork Inc acquired BuyerZone.com Inc, a Watertown-based provider of ecommerce retail services, from Reed Business Information-US, a unit of Reed Elsevier PLC. Terms were not disclosed.
Zmags CorpThe Gores Group LLC US - The Gores Group LLC acquired Zmags Corp, a Boston-based developer of ecommerce software, in a leveraged buyout transaction.
Intel Corp-OnCue Tech AstsVerizon Communications Inc US - Verizon Communications Inc (Verizon) agreed to acquire the OnCue Technology assets (OnCue) of Intel Corp, a Santa Clara-based manufacturer and wholesaler of semiconductors. Terms were not disclosed. Originally in November 2013, Intel was rumored to be seeking a buyer for OnCue. Verizon was named potential bidder.
Capital-Employee Benefits DivWillis North America Inc US - Willis North America Inc, a unit of Willis Group Holdings, acquired the Employee Benefits Consulting Division of Capital Strategies Group, a Birmingham-based provider of financial services specializing in the placement of insurance products.
Source: Thomson Reuters