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SPX Corporation is an American manufacturing company, headquartered in Charlotte, North Carolina. [ 2 ] [ 3 ] [ 4 ] The company operates within four markets: heating, ventilation, and air conditioning ( HVAC ), detection and measurement, power transmission and generation, and engineered solutions.
By August 1998, with 1997 sales of just under US$1 billion, SPX moved to acquire General Signal Corp., a company twice its size, for US$45 per share in stock and cash, in a US$2 billion deal. With the acquisition SPX sought to enter the electrical and industrial controls business. [5] The deal was completed in the fourth quarter of 1998.
OTC Tools (originally Owatonna Tool Company) is a tool and equipment manufacturer. It was founded in Owatonna, Minnesota, by Godfrey Kaplan, who operated a small machine shop there. Kaplan's son Rueben, invented the "Grip-O-Matic" universal gear puller and received his first patent. [1] The tool remains virtually unchanged to this day. [2]
Separately, and further to the Corporation’s November 25, 2024 announcement of a binding Memorandum of Understanding (MOU) with Quanzhou Sanan Optical Communication Technology Co., Ltd. (“SAIC”) to transfer to POET its 24.8% stake in the joint venture SPX, along with all the production equipment previously leased by SAIC to SPX, POET is ...
SPX can refer to: S&P 500, a stock market index; Sequenced Packet Exchange, a networking protocol; IATA code of Sphinx International Airport, an airport in Giza, Egypt; Small Press Expo, an alternative comics convention; SpaceX (SpX), a rocket manufacturer; Sports Performance eXtreme, a sports shoe and clothing brand
Sequenced Packet Exchange (SPX) is a protocol in the IPX/SPX protocol stack that corresponds to a connection-oriented transport layer protocol in the OSI model.Being reliable and connection-oriented, it is analogous to the Transmission Control Protocol (TCP) of TCP/IP, but it is a datagram protocol, rather than a stream protocol.
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