Mergers & Acquisitions

For Applied DNA, new blood – and a shot in the arm

By GREGORY ZELLER // Just 11 months after spinning off from its parent company, a Stony Brook startup with expansion in its DNA has made its first corporate acquisition. LineaRX, a subsidiary of Applied DNA Sciences, has acquired the physical assets and intellectual property of Vitatex Inc., a private biotech with close ties to Stony Brook University and a patented method of isolating Invasive Circulating Tumor Cells in standard blood samples – spotting metastatic cells…

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With merger, less exposure for northern responders

By GREGORY ZELLER // A Long Island-based mobility specialist with a sterling rep among first responders is taking its high-tech road show to New England. Island Tech Services of Ronkonkoma, a provider of integrated tech solutions for firefighters, law enforcers and other emergency responders, has announced the acquisition of 329 Marketing Inc., a consortium representing manufacturers of quality equipment for emergency vehicles with offices in Massachusetts, New Hampshire and Vermont. Financial terms of the deal,…


Melville architects H2M build onto New Jersey team

By GREGORY ZELLER // Melville-based consulting and design firm H2M architects + engineers has drawn up a key addition in the Garden State. On Friday, H2M announced the acquisition of New Jersey-based civil engineering/land surveying expert Schommer Engineering Inc. SEI’s planning and design team will move into H2M’s office in Parsippany, NJ, and will focus on the real estate, municipal water and industrial markets, the Melville mothership said in a statement. Terms of the deal…


Acquisition a perfect ‘Fitz’ for Lifetime Brands

 By GREGORY ZELLER // A major league home-goods distributor based on Long Island has added a Pennsylvania ceramics expert to its collection. Lifetime Brands Inc., a leading global provider of kitchenware and tableware, announced this week that it has acquired Newtown-based Fitz and Floyd Inc., which designs, markets and distributes branded tabletop products and decorative ceramic collections. Terms of the deal were not disclosed. Fitz and Floyd President and CEO Steven Baram will join Lifetime…