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Tag Archives: Acquisition

TCS Buys Navigation Firm Loctronix; Sameer Vuyyuru, Jay Whitehurst Comment

acquisition

Telecommunication Systems (Nasdaq: TSYS) has acquired inertial-navigation provider Loctronix for an undisclosed amount in an effort to help first responders locate distressed individuals and public safety personnel, Urgent Communications reported Friday. Sameer Vuyyuru, group vice president and general manager for the TCS location business unit, said the company intends for the acquisition ...

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Alion Science in Acquisition Talks with Veritas Capital

acquisition

Veritas Capital plans to acquire Alion Science and Technology Corp. (NYSE: ALON) for approximately $300 million in equity, Dow Jones reported Wednesday. Hillary Canada writes Alion Science dismissed plans for an initial public offering in favor of the acquisition deal. Alion Science filed for an IPO in late April, according ...

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Deloitte Buys Consulting Firm CIS; Owen Ryan Comments

acquisition

Deloitte has acquired Compliance Implementation Services, a life sciences compliance consulting company, for an undisclosed amount. CIS will begin to operate under Deloitte’s risk and financial advisory practice, Deloitte said Monday. Owen Ryan, CEO of Deloitte Advisory, said the company intends for the CIS acquisition to help clients in the ...

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Harris to Keep HQ in Melbourne FL, House Critical Networks Segment in Herndon VA

HARRIS

Harris Corp. (NYSE: HRS) has decided to maintain its corporate headquarters in Melbourne, Fla. and will also base two of its four newly-formed business segments in the state following the company’s $4.75-billion purchase of Exelis that closed in May. Both the electronic systems and space and intelligence systems segments will be based in Palm Bay, ...

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Elbit Systems Closes Buy of Nice Systems’ Cyber, Intell Division

acquisition

Elbit Systems (Nasdaq: ESLT) has wrapped up its purchase of Nice Systems’ cyber and intelligence division for an undisclosed amount. Cyberbit Ltd, an Elbit Systems subsidiary, bought the business, Elbit said Wednesday. Elbit formed Cyberbit to integrate the parent company’s cyber intelligence and security activities.

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DigiCert Buys CyberTrust Enterprise Business of Verizon; Mike Denning, Nicholas Hales Comment

acquisition

DigiCert has acquired Verizon Enterprise’s (NYSE:VZ) CyberTrust Enterprise SSL business for an undisclosed amount. The company will take over Verizon’s trusted roots and intermediate certificates while Verizon will remain as DigiCert’s reseller of SSL certificates, DigiCert said Tuesday. Mike Denning, vice president of global security at Verizon Enterprise Solutions, said ...

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Tom Joyce Set to Join Dell Software Business

Dell logo_GovConWire

TYSONS CORNER, VA June 12, 2015 — Executive Mosaic — Tom Joyce, former senior vice president for global corporate development at HP (NYSE: HPQ), will move to Dell to join the company’s software business unit, GovCon Executive reported Thursday. At HP, Joyce played key roles in its recent acquisition of ...

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Teledyne Buys X-Ray Tech Maker ICM; Robert Mehrabian Comments

Robert Mehrabian

Teledyne Technologies (NYSE: TDY) has purchased X-ray technology manufacturer Industrial Control Machines SA for an undisclosed amount. Liege, Belgium-based ICM provides portable X-ray generators for testing applications and X-ray imaging systems for on-site security screening work, Teledyne said Friday. Robert Mehrabian, chairman, president and CEO of Teledyne, said the company targeted the industrial, security ...

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Day1 Solutions Buys Vazata’s Public Sector Business

Cloud

Cloud computing services company Day1 Solutions has acquired the public sector business unit of Vazata for an undisclosed sum and forged a hybrid cloud alliance with Vazata. Day1 Solutions said Tuesday it now owns Vazata’s infrastructure offering and cloud tools for the FedRAMP cloud initiative, as well as the latter company’s data center ...

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William Brown: Harris Closes ‘Transformative’ $4.75B Buy of Exelis

FalconRadio

Harris Corp. (NYSE: HRS) has closed its $4.75 billion cash-and-stock acquisition of Exelis nearly three months after the companies announced the transaction, which sees Harris shareholders own 85 percent and Exelis shareholders hold 15 percent in the combined company. “The Exelis acquisition is transformative for our company and marks a major ...

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