“We are striving to establish Advantex as the gold standard for companies around the globe with wireless workforce management needs,” said Rob Cruickshank, MDSI president and COO. “With r7, we have the fully Internet-based, scalable product suite that the utility industry worldwide wants. And, we’re better positioned than ever to serve the worldwide market through expanded operations in our Amsterdam office where we’ve added key sales and operations people. This strategy will let us take advantage more fully and effectively of the burgeoning opportunity in front of us as a result of the successful deregulation of the utility and telecommunications industries.”
ARLINGTON, Va. and INDIANAPOLIS, Ind.-The AES Corp. and IPALCO Enterprises have entered into an agreement whereby AES will acquire IPALCO Enterprises Inc. for $25.00 per share in a stock-for-stock transaction valued at approximately $2.15 billion plus the assumption of $890 million of debt and preferred stock. IPALCO is a utility holding company headquartered in Indianapolis, Indiana, whose primary subsidiary, Indianapolis Power & Light, is an integrated electric utility that owns and operates 3,000 MW of coal-fired generation and provides retail electric service to 433,000 customers in and around Indianapolis.