Atos to Acquire Xerox’s IT Outsourcing Business for $1.05B

acquisition
Atos has agreed to acquire Xerox‘s (NYSE: XRX) information technology outsourcing business to Atos for $1.05 billion with $50 million in additional consideration. The companies expect to close the transaction in the first half of 2015  and Aton will provide IT services to Xerox as part of the deal, Xerox said Thursday. Xerox’s ITO’s leadership team will join Atos and Xerox’s...

Cubic Buys DTECH LABS for $114.5M; Bradley Feldmann Comments

Bradley Feldmann
Bradley Feldmann Cubic Corp. (NYSE: CUB) has acquired modular networking and baseband communications equipment provider DTECH LABS Inc. for $114.5 million. Bradley Feldmann, president and CEO of Cubic, said Tuesday the DTECH acquisition is part of the company’s “near-term strategy to build a niche $100 [million] to $200 million C4ISR business generating mid-teen EBITDA margins.” Sterling, Virginia-based...

BAE’s US Arm Inks Deal for Eclipse Electronic Systems, Parent Closes SilverSky Buy

Tom Arseneault
BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — has agreed to acquire Eclipse Electronic Systems from Esterline Corp. for nearly $28 million cash in order to add new intelligence, surveillance and reconnaissance products to BAE’s portfolio. The transaction is scheduled to complete in the first quarter of 2015 and is pending regulatory approvals,...

John Hassoun: Vistronix Buys ACG, Objective Solutions, ExaTech to Expand IC Tech Portfolio

John Hassoun
John Hassoun Vistronix has acquired information technology firms Agency Consulting Group, Objective Solutions Inc. and ExaTech Solutions in a push to grow Vistronix’s IT product and service offerings for the intelligence sector. Maryland-based ACG develops enterprise systems in the cloud computing, analytics, infrastructure development and special mission areas, Vistronix said Thursday. The...

Belden Moves To Buy Tripwire Cyber Tech for $710M; John Stroup Comments

acquisition
Belden has sought to expand its threat response and cybersecurity portfolio with its planned acquisition of vulnerability management firm Tripwire for $710 million in cash. John Stroup, Belden president and CEO, said Tuesday the purchase is an “important and natural” move for a company that provides signal transmission products for network applications. Belden indicated that following the transaction...

Hilton Romanski: Cisco to Buy Neohapsis in IT Security Market Push

Cybersecurity
Cisco (Nasdaq: CSCO) has agreed to purchase Neohapsis in a bid to help organizations manage data security risks and meet information technology compliance goals. Cisco expects to close the transaction in the second quarter of the company’s 2015 fiscal year, Hilton Romanski, head of business development at Cisco, wrote in a blog post published Wednesday. Neophasis will operate under Cisco’s...

Periscope Buys eSourcing Service Provider BidSync; Brian Utley Comments

acquisition
Periscope Holdings has purchased BidSync, provider of cloud-based procurement and bid notification services for the public sector, for an undisclosed amount. Brian Utley, president and CEO of Periscope Holdings, will lead the combined company and the transaction was completed on Monday, Periscope said Wednesday. Utley said Periscope Holdings intends for the merger to continue delivering “purpose-based...

CenturyLink Buys Disaster Recovery Provider DataGardens

acquisition
CenturyLink (NYSE: CTL) has acquired DataGardens, a provider of disaster recovery services, for an undisclosed amount in an effort to grow its cloud-based and on-premise offerings, Forbes reported Monday. Ben Kepes writes CenturyLink began to incorporate DataGardens into its cloud products and services in early 2014 and the acquisition wraps up that partnership. DataGardens was established in...

Lockheed Completes Systems Made Simple Buy

acquisition
Lockheed Martin has completed its acquisition of health information technology provider Systems Made Simple for an undisclosed amount as part of a strategy to grow government health IT offerings. The acquisition opens for Lockheed business opportunities with an IT modernization contract vehicle Systems Made Simple holds with the Department of Veterans Affairs, Lockheed said Tuesday. Nearly 430...

Lee Rivas: LexisNexis to Buy Health Market Science for HIT Market Push

healthcare-system
LexisNexis Risk Solutions is acquiring clinical data management firm Health Market Science in a bid to expand LexisNexis’ information technology offerings for the healthcare sector. The companies aim to combine HMS intelligence services with LexisNexis-built analytics tools to help healthcare organizations avoid fraud as well as address compliance and care delivery issues, Lee Rivas, CEO of public...