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- Future innovation pillars unveiled at RED Studios in Hollywood -

FOOTHILL RANCH, Calif. - Thursday, February 27th 2014 [ME NewsWire]

(BUSINESS WIRE) Oakley, Inc. today announced details of the company’s Disruptive by Design brand platform and signaled its intent for the future, unveiling three key innovation pillars.

"This is a pivotal moment in the history of our brand,” said Colin Baden, Oakley CEO. "We will open our blast doors for the first time, celebrate our legacy and culture of disruption, and set out our blueprint for future innovation.”

A principle that has been ingrained in the foundation of the brand since 1975, Disruptive by Design will become the brand voice for Oakley’s next chapter of industry revolution - #disruptivebydesign.

"Disruptive by Design is laying the foundation for the future,” continued Baden. "Our total number of design and utility patents issued and applications pending is close to 1000, and 200 of those were amassed ... Read more »

DUBLIN, Ireland - Thursday, February 27th 2014 [ME NewsWire]

(BUSINESS WIRE) Covidien plc (NYSE: COV) today announced that it has closed its acquisition of Given Imaging Ltd., providing the company additional scale and scope to serve a significant medical specialty, the multibillion dollar global gastrointestinal (GI) market.

Under terms of the merger agreement, Covidien has acquired all outstanding Given shares for $30 per share or an aggregate consideration of approximately $860 million, net of cash and short-term investments acquired.

"Acquiring Given Imaging significantly expands Covidien’s GI Solutions business and supports the company’s strategy to comprehensively address key global specialties and procedures,” said Bryan Hanson, group president, Medical Devices & U.S., Covidien. "We are committed to providing clinicians with more accurate and efficient diagnostic technologies to help achieve better outcomes for patients.”

With this acquisition, Co ... Read more »

MIDDLEBURY, Conn. - Wednesday, February 26th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Today, ADDIVANT™ announced that it will launch its latest "Customer Formulation Center” in Shandong, China. The new facility will be the company’s first in China and will come on stream on August 1, 2014. The center will be available for the latest in "form-giving technology” including the company’s proprietary non dust blends, NDB® and equipment. The center will complement the company’s existing Customer Formulation Centers in North America, Europe and the Middle East.

"The Addivant strategy is to deliver value to its customers through innovative additive solutions. These solutions are designed to improve operational efficiency, enhance application performance and improve health and safety in the work environment by eliminating dust in operations. To expand our leadership position, we are increasing our investment in the areas of R&D to deliver new chemistries and manufacturing: to ... Read more »