Jeff Storey: Level 3 Reorganizes Leadership Team Following TW Telecom Buy

Level 3 Communications (NYSE: LVLT) will expand its senior management team upon the closing of its acquisition deal with tw telecom. Jeff Storey, Level 3 president and CEO, said Tuesday the expanded leadership team will be made-up of executives who will aim to help the combined business grow in the enterprise communications market. John Blount, currently president and chief operating officer of tw...

Report: RSA Eyes Identity Mgmt Growth in Symplified Asset Buy

EMC security division RSA has acquired the technology assets of cloud identity company Symplified through a fire sale that concluded in June, CRN reported Tuesday. Robert Westervelt writes RSA will incorporate the portfolio as it seeks to build its presence in the identity management space. EMC previously added single sign-on and automatic provisioning tools through its acquisition of Aveksa...

Daniel Friedmann: MDA Adds to Radar Info Processing Portfolio Through Acquisition

MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) has agreed to buy an unidentified information sensors business for an undisclosed amount in a move to pursue opportunities in the U.S. surveillance market. British Columbia-based MDA plans to integrate that business into its Gaithersburg, Maryland-based Information Systems LLC subsidiary and expects to close the deal later this year, MDA said Monday. The...

Lockheed Buys Thin Film Coating Maker Deposition Sciences

Lockheed Martin (NYSE: LMT) has purchased Deposition Sciences, a subsidiary of Advanced Lighting Technologies that manufactures optical thin film coatings for the defense and commercial industries. Investment banking firm Headwaters MB said Monday that it advised ADLT through the process and secured Lockheed as a buyer. Lockheed plans to integrate DSI into the aeronautics business. The parties...

Cisco Wraps Up $175M Purchase of Networking Tech Firm Tail-f Systems

Cisco w-Border
Cisco (NASDAQ: CSCO) has finalized its acquisition of physical and virtual network systems provider Tail-f Systems for $175 million cash plus employee retention incentives. Tail-f staff members will join Cisco’s cloud and virtualization business and will be led by group vice president and general manager Gee Rittenhouse, Cisco said Wednesday. Stockholm-based Tail-f develops network orchestration...

IBM Sells Database Mgmt System to UNICOM; Corry Hong Comments

IBM Corp. (NYSE: IBM) has sold its relational database management system to UNICOM Systems for an undisclosed amount. UNICOM bought the solidDB in-memory system and its Universal Cache feature, UNICOM said Tuesday. The company intends for the acquisition to grow UNICOM’s strategic information technology offerings for customers and partners. “We appreciate IBM’s confidence in our ability to effectuate...

Robert Norfleet: Federal Network Systems Becomes Part of Jacobs Engineering

Jacobs Engineering Group (NYSE: JEC) has concluded its acquisition of Verizon’s (NYSE: VZ) Federal Network Systems for undisclosed terms. Robert Norfleet, Jacobs group vice president, said Tuesday the company intends to grow its presence in the intelligence community industry by expanding its existing service offerings through the acquisition. Ashburn, Virginia-based Federal Network Systems provides...

Hilton Romanski: Cisco Acquires Assemblage

Cisco w-Border
Cisco (NASDAQ: CSCO) has moved to expand its presence in the mobility and cloud computing markets by acquiring collaboration tools provider Assemblage for an undisclosed amount. Hilton Romanski, senior vice president for business development at Cisco, said Friday that Assemblage’s team of web development engineers will join Cisco’s collaboration technology group. Romanski wrote on Cisco’s...

Marillyn Hewson: Lockheed Seeks to Complement Intell Sharing Tech Portfolio With Zeta Associates Buy

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) has agreed to purchase Zeta Associates, a data-exchange technology provider to the defense and intelligence sectors, for an undisclosed amount. “Zeta Associates’ expertise in cross-platform information collection, analysis and dissemination is an ideal complement to our national security capabilities,” Marillyn Hewson, Lockheed president...

Boeing Buys Hardware, Software Engineering Provider Ventura Solutions

Boeing Co. (NYSE: BA) has bought hardware and software engineering provider Ventura Solutions Inc. for an undisclosed amount. Ventura Solutions will operate within Boeing’s network and space systems division, Boeing said Friday. Annapolis Junction, M.-based Ventura Solutions employs nearly 140 people. LinkedInShareTweet+1E-mail