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Word: leirgulen (lookup in dictionary) (lookup stats)
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...global provider of risk management, acquired CC Technologies (CCT), a corrosion-engineering company with a strong research division, based in Dublin, Ohio. With 2006 revenues of $20.6 million--a $10 million increase over its 2003 sales--CCT had been courted by several suitors. DNV communications manager Svein Inge Leirgulen describes the deal as having "huge business potential." Neil Thompson--now CCT's chairman and chief officer, and a co-owner prior to the acquisition--suggests the allure was that CCT's onshore expertise would complement DNV's offshore business. Matcor's Schutt is also in the market...

Author: /time Magazine | Title: Pipe Dream | 10/11/2007 | See Source »

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