Xtellus Inc. of Morris Plains, an optical technology company, was acquired on Dec. 17 for $40 million by optical components maker and wholesaler Oclaro Inc. of San Jose, Calif.
Virtual Press Acquired for $10M
PR Newswire Association, an online news and information provider in New York, acquired Virtual Press Office of Montclair, an electronic communications and marketing services provider, on Dec. 14 for $10 million.
American Water Buys Mo. Utility
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