acquisitions

Web.com Buys Register.com for $135 Million

After several small acquisitions, online marketing service Web.com made a big move Thursday, the purchase of Register.com, a provider of Web domain name registration services, for $135 million.

NTT Data Buys a Foothold in the U.S. Info-Tech Market

NTT Data, a major info-tech player in Japan, has taken notice of the rising fortunes of IT services company Intelligroup. The U.S. is company is tiny compared to NTT, but its allure is a solid business in a key major market.

Caterpillar Rides the Rails with $820 Million Deal

Heavy-equipment maker Caterpillar has agreed to purchase Electro-Motive Diesel, a manufacturer of diesel-electric locomotives, for $820 million in a bid to increase its presence in the railroad industry.

Abbott Becomes India's Top Drugmaker With $3.7 Billion Deal

With drug sales stalling in developed countries, Abbott Laboratories has made a bold play to harness pharma's strong growth in emerging markets. Its purchase of a Piramal Healthcare unit in India gives Abbott the largest market share in the country.

Comtech Picks Up CPI for $472.3 Million

Comtech Telecommunications, which develops advanced communications solutions, has agreed to the $472.3 million purchase CPI International, developer of radio frequency microwave technologies.

Hewlett-Packard Grabs Palm for $1.2 Billion

While there was no secret that Palm's private equity investors wanted to unload the company, the betting was that the buyers would come from a tech operator in China, like Lenovo. But in the M&A world, deals can get interesting. So in a surprise move, HP has agreed to shell out $1.2 billion for Palm in an all-cash deal, which should make the private equity investors happy.

Stifel and Thomas Weisel Join Forces

Stifel Financial Corp. has agreed to acquire Thomas Weisel Partners, a California-based investment bank focused on the high-tech industry, in a transaction valued at $318 million.