Skip to: Content
Skip to: Site Navigation
Skip to: Search

November 23, 2008 3:50:29 AM CST


United Technologies

United Technologies news stories

3 Stories

United Tech Makes $3B Bid for Diebold

Deal would expand UTC's footprint in electronic security business

(Newser) - United Technologies is bidding $3 billion for Diebold, one of the largest manufacturers of ATMs and voting machines. The unsolicited bid is $40 per share, a 66% premium over Diebold’s closing stock price Friday of $24.12, reports the New York Times . The deal would provide an opportunity for United Technologies to expand its electronic security business. More »

More about:  credit crisis Ohio Connecticut ATM voting machines unsolicited takeover Diebold United Technologies

Molten Salt Key to New Solar Power Project

Aerospace supplier teams with clean-fuel company on new plants

(Newser) - A unit of United Technologies will join with clean-fuel firm US Renewables to store solar power in molten salt—enabling the sun’s rays to provide electricity even at night. Hamilton Sundstrand, best known as an aerospace-components supplier, says rising fossil-fuel prices have made a plan first hatched in the 1980s financially viable—it expects $1 billion in sales over 15 years. More »

More about:  solar power clean fuel United Technologies

FAA Chief Bails for Lobby Group

Latest official to leave administration joins powerful DC organization

(Newser) - The top official of the Federal Aviation Administration is quitting to lead one of  Washington's most powerful lobbying organizations. Marion C. Blakey will head the Aerospace Industries Association, whose members include Boeing, General Dynamics, Lockheed Martin and most of the rest of the heavy hitters in civil and military aviation, and space and information technology, reports the Washington Post . More »

More about:  Boeing FAA Lockheed Martin United Technologies Marion C. Blakey

3 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »