Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: CIber
Dealers
Deere to acquire German road equipment maker Wirtgen Group for $5.2 billion
In a surprise announcement during the wee hours of Thursday morning, Deere & Company announced a blockbuster deal to acquire German equipment manufacturer Wirtgen Group. The two companies have signed a definitive agreement on the all-cash deal which will see Deere purchase the road equipment maker for €4.357 billion. When Wirtgen’s debts and other considerations […]
June 1, 2017
Roadbuilding
Hawaii DOT sues consultant over fraud, breach of contract on highway software upgrade
The Hawaii Department of Transportation (HDOT) has filed a lawsuit against software consultant Ciber Inc. accusing the company of defrauding the state and “other misconduct” while replacing the Highway Division’s computer system. HDOT seeks to reclaim $8 million in fees and “tens of millions” in damages. The project was known as FAST and started in […]
September 9, 2015
Page 1 of 1