SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Robots
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam Citron3/20/2006 9:55:35 AM
   of 4
 
GE Venture Buys SBS Technologies [WSJ]
March 20, 2006 9:15 a.m.

General Electric Co. said GE Fanuc Embedded Systems, its joint venture with Japan's Fanuc Ltd., agreed to acquire SBS Technologies Inc. for about $215 million. SBS, which is based in Albuquerque, N.M., designs and builds computer boards and systems for products such as robots, aircraft and unmanned vehicles. The deal values SBS shares at $16.50 each, a 55% premium to Friday's closing price of $10.64 on the Nasdaq Stock Market. GE said it expects the deal to close in the third quarter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News