|By Marketwired .||
|August 29, 2014 04:02 PM EDT||
WEST WARWICK, RI--(Marketwired - August 29, 2014) - Protex International has completed its acquisition of Mereco Technologies Group Companies Inc., including the Metachem Resins and DMS Divisions. Mereco and its subsidiaries manufacture and market high-performance formulated epoxies, urethanes, silicones and materials for electronics applications around the world. Terms of the acquisition were not disclosed.
Protex identified Mereco, which will be a wholly owned subsidiary of Protex, as an attractive target to build on its current presence including formulated electrically conductive materials sold to the electronic assembly markets. With this acquisition complete, Mereco and another Protex subsidiary, Protavic, will provide Protex with significant financial, technical and strategic resources to support their growth initiatives in electronic markets.
"We see significant growth opportunities resulting from the combined resources of Mereco and Protavic under the Protex umbrella, and we believe that Mereco shares our values and our vision to realize these opportunities," said Robert Moor, President of Protex. "We are excited to have acquired Mereco and we look forward to enhancing the service and value we provide to our customers," he said.
Protex International, headquartered in Paris, France, is a privately owned medium-sized independent company. Its business is to develop, produce and market chemical and biochemical specialties for various industries. Originally dedicated to textile auxiliaries, Protex has spread its expertise to a wide variety of markets: fine chemical, specialty chemical, paints & coatings, textile, paper, agrochemicals, and electronic materials. Protex's strengths include a broad expertise in synthesis, polymerization, formulation, large capacity with state-of-the-art equipment, and a reactive and flexible organization of a worldwide medium-sized group. Protex offers a commitment to the research, innovative development, and consistent manufacturing of products and currently maintains research as well as manufacturing facilities in France, United States, Korea, China, Brazil.
"The acquisition of Mereco by Protex will give Mereco immediate access to markets in Europe and the Far East and will provide opportunities to sustain and grow the business well into the future," said Philip M. Papoojian, formerly the President and COO of Mereco who will remain with the company as Chief Operating Officer.
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Aug. 25, 2016 01:00 PM EDT Reads: 2,579
Aug. 25, 2016 01:00 PM EDT Reads: 3,870
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 25, 2016 12:51 PM EDT Reads: 116
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Aug. 25, 2016 12:45 PM EDT Reads: 530
Aug. 25, 2016 12:45 PM EDT Reads: 559
Aug. 25, 2016 12:15 PM EDT Reads: 3,375
Aug. 25, 2016 11:00 AM EDT Reads: 515
Aug. 25, 2016 11:00 AM EDT Reads: 1,820
Aug. 25, 2016 10:30 AM EDT Reads: 475
Aug. 25, 2016 09:15 AM EDT Reads: 578
Aug. 25, 2016 09:00 AM EDT Reads: 487
Aug. 25, 2016 09:00 AM EDT Reads: 558
Aug. 25, 2016 08:45 AM EDT Reads: 2,106
Aug. 25, 2016 08:30 AM EDT Reads: 426
Aug. 25, 2016 08:30 AM EDT Reads: 1,726