Ariba, Inc. (Nasdaq: ARBA) today announced that it has signed a definitive agreement to acquire Procuri Inc. a privately-held provider of on-demand supply management solutions. With the acquisition, Ariba extends its position as the leading provider of spend management solutions to companies of all sizes and accelerates its traction in the rapidly growing mid-market.
Under [...]

Borders Group, Inc. today announced that following a competitive auction process, the company has reached an agreement to sell its U.K. and Ireland subsidiaries to Risk Capital Partners, a London-based private equity investor. Risk Capital Partners has set up a new, wholly-owned subsidiary company (Bookshop Acquisitions Ltd.) for the purpose of acquiring Borders U.K. and [...]

IQzone, the first service for posting free classified ads via mobile phone, has selected Oak Interactive, a digital marketing communications company out of Houston, Texas to begin creating an online brand and raising awareness to its revolutionary free classifieds technology.
IQzone allows anyone with a camera-enabled mobile device to take a photo or video clip of [...]

In response to the volatility in the auction rate market over the past several weeks, Tortoise Capital Advisors, LLC, the investment adviser for Tortoise Energy Infrastructure Corp., Tortoise Energy Capital Corp. and Tortoise North American Energy Corp. is providing information about its funds’ auction rate notes and preferred shares.
Recent problems in the sub-prime mortgage market [...]

Apple and O2 announced today that O2, the leading wireless carrier in the UK, will be the exclusive UK carrier for Apple’s revolutionary iPhone when it makes its debut in the UK on November 9th. iPhone combines three devices into one — a mobile phone, a widescreen iPod and the best mobile Internet device ever [...]

Alcon, Inc. NYSE:ACL announced today that the company now holds over 70 percent of WaveLight AG outstanding shares through purchase, contractual commitment or tender. Additionally, Alcon’s takeover of WaveLight AG was recently approved by the German Federal Cartel Authority.
Alcon recently amended its acquisition offer by removing the minimum acceptance threshold and extending the tender offer [...]

Bunge Limited (NYSE: BG – News) today announced that it has signed an agreement to acquire Agroindustrial Santa Juliana, a sugarcane mill and ethanol production facility located in the state of Minas Gerais, Brazil, from the Tenorio Group. The acquisition represents Bunge’s first production asset in the sugar and sugar- based ethanol industry, and [...]

-Funds advised by Apax Partners (“Apax”) have agreed to acquire Qualitest and Vintage Pharmaceuticals, a leading distributor and manufacturer of generic pharmaceuticals based in Huntsville, Alabama, USA.
Founded in 1983 by Mr. William S. Propst, Sr., Qualitest and Vintage Pharmaceuticals was established to provide quality generic pharmaceuticals at affordable prices. Today, the company produces tablets, capsules, [...]

TMW Systems, Inc., the largest provider of enterprise management software to the transportation industry in North America, announced today that it had acquired Integrated Support Decision Corporation (IDSC). Terms of the acquisition were not disclosed.
IDSC is the leading independent provider of optimization-based decision support software for the trucking industry. Twenty-one of the Transport Topics Top [...]

The Timken Company NYSE: TKR today announced that it has entered into an agreement to acquire the assets of The Purdy Corp., a leading precision manufacturer and systems integrator for military and commercial aviation customers, for $200 million. The acquisition will further expand the growing range of power-transmission products and capabilities Timken provides to the [...]