Mergers & Acquisitions

In an effort to address C-level executive requirements for comprehensive analytic applications for performance management, SAP AG acquires Pilot Software, a privately-held company specializing in strategy management software.

The Stanley Works, the manufacturer of tools, hardware and security solutions, deploys IP-based business communications software by Interactive Intelligence Inc. as part of its ongoing pursuit to provide the highest quality service to customers.

With recent acquisitions, Bumble Bee Foods LLC's business has grown significantly in North America, providing the organization an opportunity to simplify business processes and to better align sales and marketing.

PepsiCo's Board of Directors elects Chief Executive Indra K. Nooyi to succeed Steven S. Reinemund as chairman when he retires in May 2007.

The Coca-Cola Company signs an agreement to purchase FUZE Beverage LLC, maker of FUZE enhanced juices and teas.

As part of immediate initiative to drive improved performance, position Pfizer for future success and enhance total shareholder return its cost reduction initiatives, 10,000 positions (about 10 percent of Pfizer's total worldwide workforce) will be eliminated by the end of next year.

Coca-Cola is reorganizing its marketing department to report to newly appointed COO Muhtar Kent. Mary Minnick, the head of the company's marketing, strategy and innovation division, will leave at the end of next month to pursue opportunities in the U.K. and will not be replaced.

Tommy Hilfiger Retail LLC, a wholly-owned subsidiary of Tommy Hilfiger Corporation forms a strategic partnership with Fulfillment Technologies LLC (FillTek), a full-service provider of order fulfillment, customer care and information technology services, to support Tommy Hilfiger's eCommerce Sales at www.shoptommy.com