Honeywell Agrees to Acquire Matrikon Inc.

Honeywell (NYSE: HON) today announced it has signed an agreement valued at approximately $142 million USD (approximately $145 million CAD) to acquire Matrikon Inc. (TSX: MTK), a company specializing in software that helps industrial manufacturers operate their plants safely, reliably and efficiently. The acquisition will strengthen Honeywell's position in the high-growth oil and gas and power value chains and increase its global footprint in key regions. The transaction is subject to approval by Matrikon's shareowners.

Matrikon will be integrated into Honeywell Process Solutions, which is part of Honeywell's Automation and Control Solutions business group.

"Our industrial customers want their plants to run well in any economy, and Matrikon's products help do that," said Norm Gilsdorf, president of Honeywell Process Solutions. "Combining Matrikon's technology and expertise with Honeywell's industrial platform expands our offering to help customers continue to improve plant performance. This is a great addition to our business."

SAP to Acquire Sybase, Inc.

Strategic Move to Accelerate the Reach of SAP Solutions across Mobile Platforms, Help Companies Manage and Analyze Business Information and Processes on Any Device

WALLDORF, Germany and DUBLIN, Calif., May 12 /PRNewswire-FirstCall/ --  SAP (NYSE:SAP) and Sybase, Inc., Dublin, California (USA) (NYSE:SY) today announced that SAP's subsidiary, SAP America, Inc., has signed a definitive merger agreement to acquire Sybase, Inc., in a transaction that will bring the two information technology (IT) leaders together to enable companies to become better-run "unwired enterprises." As a result of this transaction, customers will be able to better harness today's explosion of data and deliver information and insight in real time to business consumers wherever they work so they can make faster, more informed decisions. Companies will benefit from greater productivity, speed and agility to help their businesses grow.

Double-Take Software, Inc. Provides Preliminary First Quarter Financial Results

Double-Take Software, Inc. (NASDAQ: DBTK), today announced preliminary results for the first quarter of 2010. Based on preliminary financial data, the Company now expects first quarter revenue to be in the range of $18.8 million to $18.9 million, compared to its previous guidance of $20.0 million to $21.2 million. The revenue shortfall from guidance is a result of lower than expected license sales. GAAP operating loss is expected to be $(0.6) million to $(0.5) million. Operating income on an adjusted, non-GAAP basis is expected to be $0.6 million to $0.7 million which is in the range of previous guidance of $0.6 million to $1.5 million. The Company expects GAAP net loss per share to be $(0.01) to $(0.02) and adjusted, non-GAAP net income per diluted share to be $0.01 to $0.02 using an estimated effective tax rate of 36%.

Bell Microproducts Announces Agreement to be Acquired by Avnet

Company Also Updates Financial Outlook for Quarter Ending March 31, 2010

Bell Microproducts Inc. (Nasdaq:BELM) ("Bell") announced today that it has entered into a definitive agreement to be acquired by Avnet, Inc. ("Avnet") in an all cash merger for $7.00 per share. The total transaction value of approximately $594 million is based upon an equity value of approximately $252 million and a Bell debt position, at face value and net of cash, of $342 million at December 31, 2009. The acquisition has been approved by the Boards of Directors of both companies and is subject to the approval of Bell's shareholders as well as customary regulatory approvals. The transaction is expected to close in 60 to 120 days.