IBM completes acquisition of Telelogic AB
ARMONK, N.Y., 4 April 2008. IBM has completed its approximately $845 million USD (approximately 5 billion Swedish Kronor) tender offer for the shares of Telelogic AB (Nordic Exchange/MidCap/TLOG). Together, IBM and Telelogic provide a comprehensive offering for defining, modeling, building, testing, and delivering the software used in systems in the aerospace and defense, telecommunications, electronics, automotive, and other industries.
The tender offer, announced on June 11, 2007, was finalized after IBM obtained acceptance from 96.9 percent of stock ownership in Telelogic as well as satisfaction of other conditions of the offer, including necessary worldwide regulatory approvals.
CHARLOTTE, N.C., 4 April 2008. Carlisle Companies Inc. has signed a definitive agreement to acquire privately-owned Carlyle Inc., a provider of sophisticated aerospace and network interconnection solutions for a purchase price of $200 million.