Mergers and Acquisitions 2012

LANDesk Software, which is among the global leaders when it comes to management of systems lifecycle, IT services, and endpoint security set-ups, has recently acquired Managed Planet, which is headquartered at Dallas has expertise in the following areas:

• IT asset management
• Business to business connectors
• Asset and reporting analytics
• Hardware discovery

LANDesk has already obtained the licensed this technology under the product name LANDesk Data Analytics. The financial terms of the deal are yet to be disclosed.

Kanoria Chemicals & Industries Limited M&A

Kanoria Chemicals & Industries Limited (KCI) has struck a share and loan purchase agreement for taking over APAG Holding AG, which is based in Switzerland and has complete ownership of the APAG Elektronik AG. The terms of the agreement state that KCI will own 90 percent of APAG Holding AG shares after the transaction worth CHF 6.39 million is completed.

The remainder will be bought out in 2014 based on a pricing formula that is already fixed. KCI will also have to assume responsibility for the loan that has amounted to CHF 1.30 million.

Symphony M&A

Symphony Limited is right now one of the limited numbers of Indian companies who operate in 60 countries. Right now it is the biggest provider of air coolers across the world. The leading names of the international air conditioning industry and Symphony’s competitors such as LG, Daikin, Samsung, Panasonic, and Hitachi are presently making their best efforts to establish themselves in India. Symphony on the other hand has been performing well all over the world and is also the leading name in India with its share of the organized market running up to 45%.

Stratasys and Objet Merger

Stratasys Inc., one of the prominent manufacturers of production systems and 3D printers that are used for manufacturing and prototyping applications. Objet Ltd., a privately owned company, and one of the major manufacturers of 3D printers that are used in rapid prototyping have agreed to a merger contract.

As per this agreement, both the organizations will unite in an all-stock deal. The total equity value of this agreement will be almost 1.4 billion dollars and the price has been determined on the closing worth of Stratasys’ common shares on April 13, 2012.

It is expected that this deal will help the new company become a market leader with the high levels of growth being presently witnessed by the direct digital manufacturing and 3D printing industry.

The agreement also states that Stratasys will be merging with an Objet subsidiary and its stakeholders will be getting a share each from the new company for every share from the Stratasys common stock owned by them.

Once the deal is sealed the shareholders from Stratasys will be the major partners with 55 percent of the total stake, with the rest being taken up by the Objet shareholders. The calculations in this case will be done by employing the treasury stock method and on a totally diluted basis.

Beyond Squarefeet M&A

Beyond Squarefeet owned by Susil Dungarwal has made a strategic acquisition of IDEAS Consultancy & Advisory being led by Surjit Rajpurohit. It is expected that with this acquisition Rajpurohit will be leading the asset cum mall management operations of Beyond Squarefeet as the Director of Business Strategy.

InnLink Merger

InnLink has recently announced an integration procedure with RateGain and this will allow its customers to get access to RateGain’s PriceGain, which is among the best and most famous solutions for competitive hotel rate intelligence.

The deal will make sure that PriceGain is integrated with the Central Reservation System (CRS) of InnLink. It will also help InnLink provide its customers access to correct and decisive information of their competitors on a real time basis.

Comguard Networks and gateProtect Deal

Comguard Networks, which is owned by the Dubai based Spectrum Group and is one of the top value added distributors of security and networking products in Middle East, India, and Africa, has recently been chosen to be a new value added master distributor by gateProtect.

gateProtect is one of the top IT security solutions providers when it comes to network protection. This deal will enable Comguard to deal out the IT network security products of gateProtect in India and also help it to increase its present portfolio of IT security products.

Hashmi Healthcare and Altaj Healthcare Collaboration

Hashmi Herbal’s collaboration with Altaj Healthcare is being said to be among the biggest technology partnerships of India. As part of this deal, it will be providing some groundbreaking herbal solutions to Altaj, which is based in Delhi and operates as a provider of super specialty healthcare services. This deal will also help Altaj become one of the few Indian companies to provide never before seen healthcare technology at convenient prices.

Hall St.com and RateGain Partnership

Hall St.com has added the Channel Management solution of RateGain to its newest connectivity platform. This will make sure that the company is able to provide its hotel partners facilities such as several choices for managing various channels and similar rates. This will make sure these companies are able to maximize their revenues with the least investment.

Cinven M&A

Cinven has recently bought CPA Global from its earlier shareholders, a list that includes the Intermediate Capital Group (ICG) as well as several patent attorneys operating in the UK and Australia. The amount is yet to be disclosed.

CPA Global is present in many countries of the world and provides software solutions and IP management services to some of the leading corporations as well as law firms. It also has clients in other sectors like chemicals, telecom, and pharmaceuticals that have important patent portfolios based on R&D activities.

It is also a name to reckon with in the legal services outsourcing (LSO) sector, which is an emerging one. This business decision is part of Cinven’s plan to invest in global standard European organizations that can help in quickening its growth all over the world by using its portfolio capacity in Asia and sectoral expertise.

RateGain and reconline AG Integration

RateGain has partnered with Reconline AG, which is one of the top providers of web-based distribution services to more than 4 thousand hotels. Reconline also provides comprehensive solutions that help a hotel’s inventory connect with more than 450,000 travel agents and the top travel sites around the world.

As part of the process, ChannelGain, the web based channel management solution of RateGain, is now being completely incorporated with the CRS platform of Reconline and will provide both way connectivity between travel sites, wholesalers, and offline travel agents and hotels.

This means that the hotels will now be able to allocate inventory and provide latest information about their rates on the GDS and also get reservations straight at the same platform.

Freudenberg Filtration Technologies India M&A

Freudenberg Filtration Technologies Private Limited India has acquired Pyramid Filters Private Limited. Freudenberg is headquartered in Pune deals in highly effective automotive and industrial filter systems and elements and efficiency and capacity increasing solutions for compressors and gas turbines – these solutions are globally patented.

Pyramid Filters also creates and produces air filter systems and elements for clean room procedures that are applied in the following industries:

• pharmaceuticals
• food
• medical
• chemicals

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