Industry News

Contracts | Mergers & Acquisitions | Awards

Contracts

• Honeywell Wins $7 Million Modernization Contract in Romania
  Honeywell Process Solutions has received a $7 million chemical production facility-wide contract with Romanian chemical producer Oltchim. 3/25/05
• Daktronics Gets $7 Million Contract for Second Phase of Kuwait Stock Exchange System
  Daktronics Inc. recently received a $7 million contract to provide the second phase of an integrated display system for the Kuwait Stock Exchange in Kuwait City. 3/23/05
• Schneider Electric Sweden to Supply Switchgear for Botniabanan Railway
  Schneider Electric Sweden AB has received an order worth 1,322,000 euros to supply 24 kV medium-voltage switchgear and transformer equipment for 57 railway stations on the stretch of the Botniabanan railway between Nyland and Umea in the northern part of Sweden. 3/22/05
• Philips Medical Systems Collaboration Enables Advanced Cardiac and Vascular Care for Indianapolis
  St. Francis Cardiac & Vascular Care Center and Philips Medical Systems have announced a collaboration that expands on the hospital’s 25-year legacy of heart and vascular services. 3/15/05
• GE Healthcare, Novation Sign Agreement for Injectable Contrast Media
  GE Healthcare and Novation, the supply company of VHA Inc. and the University HealthSystem Consortium, have announced that a new single-source contract has been awarded to provide VHA and UHC health care organizations access to GE Healthcare's injectable X-ray, MRI, and ultrasound contrast media products. 3/14/05

Mergers & Acquisitions

• Johnson Controls to Acquire Delphi’s Global Automotive Battery Business
  Johnson Controls, Inc., has signed a non-binding letter of intent to acquire Delphi Corporation’s global automotive battery business for approximately $212.5 million. 3/23/05
• Siemens to Acquire CTI Molecular Imaging, Inc.
  Siemens and CTI Molecular Imaging, Inc., have entered into a merger agreement under which Siemens will acquire CTI. 3/21/05
• General Cable Acquires Specialty Electronics and Datacom Assets from Draka Comteq
  General Cable Corporation announced the closing of its acquisition of certain assets of Draka Comteq's business in North America, which was previously announced on November 30, 2004. 3/16/05
• Rayovac to Acquire Tetra Holding GmbH
  Rayovac Corp. announced that it has entered into a definitive agreement to acquire Tetra Holding GmbH for a purchase price of approximately 415 million euros. 3/16/05

Awards

• American Power Conversion Named 2005 CRN Channel Champion for 12th Consecutive Year
  American Power Conversion was recently named a 2005 CRN Channel Champion in the uninterruptible power supply category at an awards ceremony in New Orleans. 3/25/05
• Leviton Z-MAX Lighting Control Relay Systems Win Design Journal ADEX Award
  Leviton Manufacturing Company was recently awarded Design Journal magazine’s ADEX Award (Award for Design Excellence) for its Z-MAX lighting control relay systems. 3/22/05
• Honeywell Receives Supplier Excellence Award From Infineon Technologies
  Honeywell recently announced that its electronic materials business has been awarded a Supplier Excellence Award from Infineon Technologies for the dual categories of metal supply and chemical supply. 3/18/05
• EE Times Honors Texas Instruments with Three ACE Awards
  EE Times recently recognized Texas Instruments with three Annual Creativity in Engineering (ACE) Awards, including an Editor's Choice Award. 3/14/05

NEMA News

• NEMA's March Electroindustry Business Confidence Index Continues to Show Growth in All Regions
  Current conditions across all four regions included in the NEMA Business Confidence Survey topped the growth threshold of 50 points for the third consecutive month in March. 3/25/05
• NEMA and AHA Release Sample Business Associate Agreement
  NEMA and the American Hospital Association have released an updated business associate agreement that will help manufacturers of medical devices comply with requirements of the new security rule under the Health Insurance Portability and Accountability Act (HIPAA). 3/23/05
• NEMA Testifies on Medical Imaging Before the House Committee on Ways and Means
  Consumers are safer, healthier, and live longer today because of medical imaging, said Dr. David Rollo, testifying recently on behalf of NEMA before the Health Subcommittee of the House Committee on Ways and Means. 3/17/05
• Off-Site Solutions and IDEA Sign Network Agreement
  Off-Site Solutions, a leading EDI hosting provider for wholesale distributors, and the Industry Data Exchange Association (IDEA), an industry owned e-commerce service provider, announced an agreement that will allow both companies to exchange electronic business documents between their respective and future customers. 3/15/05
• NEMA EHS Council to Host Two Webcasts
  The NEMA Environmental, Health and Safety (EHS) Council, consistent with its goal to develop EHS programs to support NEMA members, will be holding two new EHS webcasts in the coming weeks. 3/15/05

Standardization Trends

• NEMA Releases Two Standards on A.C. Power Drive Systems
  NEMA has released ICS 61800-2-2005, Adjustable Speed Electrical Power Drive Systems, Part 2: General Requirements—Rating Specifications for Low Voltage Adjustable Frequency A.C. Power Drive Systems, and ICS 61800-4-2004, Adjustable Speed Electrical Power Drive Systems: Part 4: General Requirements—Rating Specifications for A.C. Power Drive Systems Above 1000 V A.C. and not Exceeding 35 kV. 3/21/05