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Tag Archives: Acquisition

Accenture Closes Agilex Buy; David Moskovitz Comments

David Moskovitz

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation ...

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Lexmark to Purchase Kofax for $1B Cash; Paul Rooke Comments

acquisition

Lexmark International’s (NYSE: LXK) board of directors and shareholders have agreed to acquire Kofax (NASDAQ: KFX) for nearly $1 billion in cash, or $11 per share. The transaction is scheduled to close in the second quarter of 2015 and awaits a shareholder vote at Kofax, regulatory clearances and other customary closing terms, ...

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Tom Romeo Sees Acentia IT Buy’s Transformative Role for Maximus

Tom Romeo

TYSONS CORNER, VA March 12, 2015 — Executive Mosaic — Executive Biz reported Wednesday on Maximus Federal Division President Tom Romeo’s remarks regarding the transformative power of combining his company and Acentia’s capabilities. Maximus announced Monday a definitive agreement to buy the Falls Church-headquartered technology contractor for $300 million in a ...

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Omar Balkissoon: OGSystems Makes Geospatial Tech Push with Urban Robotics Buy

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OGSystems has bought aerial data collection technology developer Urban Robotics for an undisclosed amount as the companies aim to fuse their geospatial imaging platforms for defense and intelligence organizations. “The Urban Robotics acquisition complements OGS by matching our entrepreneurial and idea-driven culture and furthering our reputation for geospatial engineering innovation,” ...

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Chuck Harrington: Parsons Buys TJ Cross Engineers to Grow Energy Services Portfolio

PowerPlant

Parsons moved to grow its oil and gas market offerings with the acquisition of T.J. Cross Engineers, a professional services provider in the energy sector. “We believe that combining Parsons’ engineering, procurement and construction services platform with T.J. Cross’ strong engineering base provides an exciting engine for growth,” Chuck Harrington, ...

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Engility’s Tony Smeraglinolo, Craig Reed Highlight Possibilities After TASC Deal

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TYSONS CORNER, VA March 2, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Engility CEO Tony Smeraglinolo’s remarks about his expectations following the company’s acquisition of TASC, which concluded last week. Smeraglinolo, a Wash100 inductee for 2015, said the two companies’ combined capabilities provide Engility impetus to increase its ...

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