In area acquisitions and mergers, Xerox is offloading its information technology outsourcing or ITO business to ATOS for an estimated $1.1 billion. Krauss Maffei Wegmann will acquire Diehl Defense land systems which builds different types of tracks for tanks and armored vehicles and Hexcel Corp has acquire Formax UK Limited, a manufacturer of carbon fiber and specialty reinforcement materials.
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Mergers and acquisitions heading into 2015
