agreement news

Avista Capital Partners (“Avista”), a leading private equity firm, announced that it has signed a definitive agreement to acquire Top-Co Inc. (“Top-Co” or “the Company”), a privately-held, leading designer and manufacturer of specialized casing cementing products used in the drilling and completion of oil, natural gas and geothermal wells.

AMD today announced an agreement with GameFly, Inc., to give gamers who leverage the quality and performance of AMD CPUs and APUs easier access to GameFly's leading online video game rental and PC download services for a limited time. Gamers purchasing select AMD A-Series APUs, AMD Athlon II CPUs, AMD Phenom II CPUs or AMD FX Series CPUs in regions where GameFly is accessible receive a free, 30-day GameFly membership as well as a 20 percent discount on a new PC game purchase via the new GameFly PC store.

IBM today announced a definitive agreement to acquire Vivisimo, a leading provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Vivisimo is a privately held company based in Pittsburgh, Pennsylvania.

Watson Pharmaceuticals, Inc. (NYSE: WPI) and Actavis Group today jointly announced that Watson has entered into a definitive agreement to acquire privately held Actavis for approximately 4.25 billion euros ($5.61 billion) upfront. As a result of this acquisition, Watson will become the third largest global generics company with 2012 anticipated pro forma revenue of approximately $8 billion.

Bee Media Inc., a mobile shopping platform, announced today the acquisition of the business of Adcentricity Inc., a location-based digital media technology company. In addition, the newly formed Adcentricity announces the availability of two new products that make it easier for advertisers to develop hyper-local campaigns.

IBM today announced a definitive agreement to acquire Vivisimo, a leading provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Vivisimo is a privately held company based in Pittsburgh, Pennsylvania. Financial terms were not disclosed.

Microsoft Corp. and Pegatron Corp. have signed a patent agreement that provides coverage under Microsoft's patent portfolio for a broad array of Pegatron products including eReaders, smartphones and tablets running the Android or Chrome platforms. Although the contents of the agreement have not been disclosed, the parties indicate that Microsoft will receive royalties from Pegatron under the agreement.

Intel Corporation today announced it has entered into a definitive agreement with Cray Inc. to acquire certain assets related to its high-performance computing (HPC) interconnect program. With the agreement, Intel gains access to Cray’s world-class interconnect personnel and intellectual property.

DTS, Inc., a leader in high-definition audio, and SRS Labs, Inc., a leader in audio processing and enhancement technologies, today announced that they have entered into a definitive agreement under which DTS will acquire all outstanding shares of SRS Labs in a cash-and-stock transaction valued at $9.50 per share, or a total of approximately $148 million in aggregate equity value, including acquired net cash of approximately $38 million as of December 31, 2011.

AmWINS Group, Inc. (“AmWINS”), a global distributor of specialty insurance products and services, announced today that its management and employee shareholders have reached a definitive agreement to partner with New Mountain Capital (“New Mountain”) in a growth-oriented recapitalization valued at approximately $1.3 billion.

China's leading mobile Internet company KONGZHONG Corporation and the world leader in visual computing technology industry NVIDIA officially announced the agreement on a strategic cooperation. The cooperation of the two sides in technology, channel and marketing will be implemented in PC online game and mobile online game areas.

Sprint (NYSE: S) and LG Mobile today announced Sunday, April 22, as the availability date for the highly anticipated LG Viper™ 4G LTE, one of the first smartphones to be available on the upcoming 4G LTE Network from Sprint.

Facebook announced today that it has reached an agreement to acquire Instagram, a fun, popular photo-sharing app for mobile devices.

Dell today announced it has signed a definitive agreement to acquire Make Technologies, a leading global provider of application modernization software and services that reduce the cost, risk and time required to re-engineer applications.

Amazon, Inc. and Sony Computer Entertainment LLC (SCEA) today announced the launch of the Amazon Instant Video app for PlayStation 3 computer entertainment system, as well as an agreement to prominently feature the app on all PlayStation 3 game systems in the U.S.

Dell today announced it has signed a definitive agreement to acquire Wyse Technology, the global leader in cloud client computing, to significantly extend its desktop virtualization offerings. The addition of Wyse will expand Dell's desktop virtualization capabilities and provide new solutions and services opportunities for the full range of Dell's enterprise offerings.

The agreement follows extensive talks between JLR and Chery on establishing an equal partnership company. The scope of the proposed joint venture (JV) would include manufacture of JLR- and JV-branded vehicles; establishment of a research and development facility; engine manufacture; and sale of vehicles produced by the JV company.

Dart Container Corporation, based in Mason, MI, and Solo Cup Company, headquartered in Lake Forest, IL, today announced that they have signed a Definitive Agreement under which Dart Container will acquire Solo in a transaction valued at approximately $1 billion.

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced it has signed a definitive agreement to acquire BroadLight, Inc., a Delaware corporation with an Israel-based subsidiary.

Amazon has long used automation in its fulfillment centers, and Kiva’s technology is another way to improve productivity by bringing the products directly to employees to pick, pack and stow,” said Dave Clark, vice president, global customer fulfillment, Amazon.com.