Archive for December 3rd, 2013

TransDigm agrees to buy Airborne Systems from Metalmark Capital

3 December 2013TransDigm Group Inc. (NYSE: TDG) and Metalmark Capital reported that TransDigm has agreed to buy Metalmark-owned Airborne Systems Inc., for approximately USD250m in cash.The acquisition is expected to close by the end of the first quarter of fiscal […]

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Northrop Grumman shows off virtual air refueling ability

3 December 2013

In a first for the US Air Force, an industry team led by Northrop Grumman Corp. (NYSE: NOC) has successfully conducted a high-fidelity virtual aerial refueling

Las Vegas Sands looks at refinancing certain credit facilities

3 December 2013

Las Vegas Sands (NYSE: LVS) said its subsidiary, Las Vegas Sands, LLC, intends to launch a refinancing of existing indebtedness on its US restricted group credit

Nuance updates PowerScribe 360 platform

Nuance Communications, Inc. (NASDAQ: NUAN) said it has made significant speech recognition accuracy and workflow enhancements to the PowerScribe 360 platform that will enable a quality, data-driven approach

SilverSun Technologies closes million-dollar software sale

SilverSun Technologies, Inc. (OTCBB: SSNT) (OTC: SSNT) subsidiary SWK Technologies has closed on a software sale valued at over USD1,100,000.

The transaction involves the sale of Sage Software´s ERP

United Airlines redesigns premium service fleet

3 December 2013

United Airlines reported it is offering premium-cabin, flat-bed seats on every scheduled transcontinental flight between New York´s John F. Kennedy International Airport and San Francisco and

Red Hat names new Red Hat Canadian operations leader

Red Hat, Inc. (NYSE: RHT) said it has appointed Luc Villenueve as country leader of Red Hat Canada.

Based in TSX, Villenueve will be responsible for sales, client services,

AAR to buy assets from PFW Aerospace GmbH

3 December 2013

AAR Corp. (NYSE: AIR) said its 100% owned subsidiary, Telair International GmbH, has signed a definitive agreement to purchase the cargo loading system assets of Speyer,

HighPoint partners with marketing software expert

HighPoint Solutions, LLC said it has announced a new strategic partnership with Marketo (NASDAQ: MKTO).

Marketo understands the marketing and sales world is rapidly changing, including the increasing number

Playa Hotels & Resorts names new chief marketing officer

3 December 2013

Bruce Wardinski, chief executive officer, Playa Hotels & Resorts B.V. has appointed Kevin Froemming, to the newly created position of executive vice president and chief marketing

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