Status: Clearance Acquirer: NICE-Systems Ltd. (Israel) Acquired: inContact, Inc. (U.S.) Value: Approx. US$940 million Industry: Software UPDATE: NICE-Systems Ltd., a leading provider of both cloud and on-premise enterprise software solutions, announced the closing of its acquisition of inContact, Inc., a cloud contact center software provider, on November 14, 2016. (See NICE Press Release, NICE … Continue Reading
Status Update: Clearance Acquirer: Renesas Electronics Corp. (Japan) Acquired: Intersil Corp. (U.S.) Value: Approx. US$3.22 Billion Industry: Semiconductors UPDATE: On February 21, 2017, Intersil Corporation issued a press release stating that, in relation to its pending acquisition by Renesas Electronics Corporation, the parties “received notification by the Committee on Foreign Investment in the United States … Continue Reading
George Grammas will participate in C5’s 5th Forum on compliance with ITAR and the EAR and be among the panelists to discuss “How to Work with Conflicting Definitions.” The conference will take place at St. James’ Court, A Taj Hotel in London. The conference will feature Q&A with Kevin Wolf, Assistant Secretary of Commerce for … Continue Reading
Status: Clearance Acquirer: Mitel Networks Corporation (Canada) Acquired: Polycom, Inc. (U.S.) Value: Approximately US$1.96 billion Industry: Telecommunications On April 15, 2016, Mitel, a Canadian company, announced a definitive deal to acquire Polycom, a US business, to make a global leader in communications technologies. See Mitel press release (April 15, 2016). On June 28, 2016, 74 days … Continue Reading