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	<title>Stock Blog Hub &#187; AVCT</title>
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		<title>(EMR) Emerson Electric Company to Acquire Avocent Corporation</title>
		<link>http://www.stockbloghub.com/2009/10/07/emr-emerson-electric-company-to-acquire-avocent-corporation/17084</link>
		<comments>http://www.stockbloghub.com/2009/10/07/emr-emerson-electric-company-to-acquire-avocent-corporation/17084#comments</comments>
		<pubDate>Wed, 07 Oct 2009 19:40:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Equipment & Components]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[AVCT]]></category>
		<category><![CDATA[Avocent Corporation]]></category>
		<category><![CDATA[BRCD]]></category>
		<category><![CDATA[Brocade Communications Systems Inc]]></category>
		<category><![CDATA[Emerson Electric Company]]></category>
		<category><![CDATA[EMR]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
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		<description><![CDATA[Earlier today, Emerson Electric Co. (EMR) announced that it has reached an agreement to acquire network equipment technology provider Avocent Corp. (AVCT) for $1.2 billion in cash. Emerson will pay $25 per share for Avocent, which is a 22% premium to Monday’s closing price. Emerson believes this acquisition will further its ability to deliver total infrastructure management solutions to its data center customers around the world. Avocent has global manufacturing, research and development and sales operations and almost half of its 2008 sales came from outside the U.S. Emerson generated $2.6 billion in sales (approximately 11% of total revenue) in 2008 from its data center-related operations. The transaction, which is expected to close around Jan 1, 2010, will further expand Emerson’s product offering to data center managers and create significant ]]></description>
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		<title>(AVCT) Avocent Corporation &#8211; reported third-quarter earnings that beat Wall Street estimates by 81%</title>
		<link>http://www.stockbloghub.com/2008/12/12/avct-avocent-corporation-reported-third-quarter-earnings-that-beat-wall-street-estimates-by-81/1677</link>
		<comments>http://www.stockbloghub.com/2008/12/12/avct-avocent-corporation-reported-third-quarter-earnings-that-beat-wall-street-estimates-by-81/1677#comments</comments>
		<pubDate>Fri, 12 Dec 2008 17:44:47 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Computer Peripherals]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AVCT]]></category>
		<category><![CDATA[VitalStocks]]></category>

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		<description><![CDATA[Avocent Corporation (AVCT) recently reaffirmed its fourth quarter guidance after posting record third quarter revenue. International sales also jumped 32%. AVCT has a forward P/E of 10.6. Company Description Avocent provides IT infrastructure to data centers, small/medium businesses and branch offices around the world. The company&#8217;s products include local and remote switching, serial console servers, wireless, mobile and video display services. Avocent&#8217;s sells to some of the largest companies in the world Incorporatedluding Microsoft, Intel, GE, ExxonMobil and Home Depot. AVCT Reaffirms Fourth Quarter Guidance Given current economic conditions, many companies are announcing forecast revisions. Avocent is not one of them. On Nov 12, the company reaffirmed its Oct 21 fourth-quarter guidance. Revenue is still expected to be in the range of $175 to $185 million compared with revenue of ]]></description>
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