Solera Holdings, Inc. to Acquire Softwaresysteme GTLDATA GmbH; Acquisition Will Further Enhance Its Product and Service Offering to the Austrian Market
SoleraHoldings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has signed a definitive agreement to acquire 100% of the outstanding shares of Softwaresysteme GTLDATA GmbH (“GTLDATA”). GTLDATA is the leading assessor management system provider in Austria and has been a business partner with Solera’s Austrian operating company for over ten years. GTLDATA provides assessors tools to more efficiently assess, organize and communicate automobile claims data with insurance companies in Austria. The transaction is subject to certain conditions to closing and is expected to close in the third quarter of Solera’s fiscal year 2010.
“We are excited about the accomplishments already achieved by the GTLDATA team in Austria. [Read the full article]
SRS Medical Corp. today announced that it had acquired all assets related to the EvaCare line of pessaries from Coloplast A/S, 3050 Humlebæk, Denmark (Copenhagen:COLO-B.CO). The transaction includes related intellectual property and regulatory data, production tooling and inventory. Financial terms were not disclosed.
This is the latest in a series of acquisitions that SRS Medical has made in women health and incontinence. Previous acquisitions include urodynamics and incontinence treatment devices from Endocare, now part of HealthTronics, Inc., of Austin, TX (NASDAQ:HTRN – News), urodynamics devices from privately held Asbrook/Eris of Ventura, CA, and the In-Flow™ device for female bladder drainage from American Medical Systems, Inc., of Minnetonka, MN (NASDAQ:AMMD – News). [Read the full article]
Stone Energy Corporation (NYSE: SGY) today announced that it had received, as of 5:00 p.m., New York City time, on January 25, 2010 (the “Consent Expiration”), tenders and consents from holders of over 96.6% of the aggregate principal amount of its outstanding 8 1/4% Senior Subordinated Notes due 2011 (the “Notes”) in connection with its previously announced tender offer and consent solicitation for the Notes, which commenced on January 11, 2010 and is described in the Offer to Purchase and Consent Solicitation Statement dated January 11, 2010 (the “Offer to Purchase”).
Stone intends to execute a supplemental indenture (the “Supplemental Indenture”) to the indenture governing the Notes to permit Stone to redeem the Notes on as little as three days prior written notice. [Read the full article]
VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King™ Grass as a low-carbon, renewable energy crop, announced today that Chief Executive Dr. Carl Kukkonen is in Asia meeting with potential joint venture partners and customers as part of the Company’s plan to grow, harvest and sell Giant King Grass as a viable alternative to high pollutant fossil fuels being used in electricity generating power plants.
Giant King Grass has the highest yield (tons per acre and energy per acre) of any crop the Company is aware of. Giant King Grass can be directly burned in biomass power plants and or may be converted into energy pellets to replace up to 20% of the coal in existing coal fired power plants. Using biomass instead of coal reduces overall carbon dioxide emissions, because the next crop of Giant King Grass absorbs carbon dioxide as it grows. [Read the full article]