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nanotimes
Companies Facts
Companies – Summaries 3
M (NYSE: MMM) and Winterthur Technologies AG (“Winterthur”) have entered into an agree-
ment for 3M’s acquisition of Winterthur for CHF 62.00 (USD $63.56) per share by way of a public tender offer. The proposed transaction has an ag- gregate value of approximately USD $448 million. Winterthur is a leading global supplier of precision grinding technology serving customers in the growing area of hard-to-grind precision applications in indus- trial, automotive, aircraft, and cutting tools.
Furthermore, 3M has completed its acquisition of the tape-related assets of Alpha Beta Enterprise Co. Ltd., a leading manufacturer of box sealing tape and masking tape headquartered in Taipei, Taiwan.
http://investor.3m.com
a Nanobody candidate for development. This is the first development candidate emerging from the strategic alliance which the companies entered into in 2007, and will result in a EUR5 million milestone payment to Ablynx.
http://www.ablynx.com
A
Solutions LLC has entered into a settlement agree- ment with NEC Corporation. This agreement resol- ves patent litigation that was pending in the United States District Court for the District of Delaware.
A
cacia Research Corporation (NASDAQ: ACTG) announced that its subsidiary Lambda Optical
blynx [Euronext Brussels: ABLX] announced that Boehringer Ingelheim, Germany, has selected
http://www.acaciatechnologies.com http://www.acaciaresearch.com
rys’ state-of-the-art materials modeling & simulation software adds key features for quantum mechanical simulations including time-dependent density func- tional theory (TD-DFT), which enables non-linear optical property and excited state calculations. New features added to Materials Studio include UV-Visi- ble Spectra and opto-electronic property prediction with the TD-DFT method, express quantum simulati- ons, studies of materials under applied electric field, and high accuracy structure optimization of systems such as molecular (drug) crystals with dispersion cor- rected quantum simulations. In addition, the latest version delivers significant improvements in visualiza- tion and performance.
A
Furthermore, the Company reported financial results for the quarter ended September 30, 2010. GAAP revenue for the quarter ended September 30, 2010 increased $9.1 million to $29.1 million from $20.0 million for the same quarter of the previous year, or an increase of 45.7%. GAAP revenue for the six months ended September 30, 2010 increased $8.7 million to $48.9 million from $40.1 million for the same period of the previous year, or an increase of 21.8%. GAAP net loss was $3.4 million or ($0.06) per diluted share, for the current quarter compared to GAAP net income of $1.8 million, or $0.07 per dilut-
ccelrys, Inc. (NASDAQ: ACCL) released Mate- rials Studio®
5.5. This latest release of Accel-
11-01 :: December 2010 / January 2011
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