Robert Mehrabian: Teledyne Buys Atlas Hydrographic to Grow Marine Acoustics Portfolio

Robert Mehrabian
Robert Mehrabian Teledyne Technologies (NYSE: TDY) has moved to grow its marine acoustic imaging business by purchasing Atlas Hydrographic, a developer of sonar technology for mid and deep water environments. Robert Mehrabian, Teledyne president and CEO, said Monday the company adds multi-beam transmitters for marine science and ocean surveying applications to its portfolio through the acquisition. Germany-based...

Preferred Systems Solutions Buys Global Services & Solutions, Names Jim Ballard Federal Services President

Jim-Ballard
Jim Ballard Preferred Systems Solutions has acquired Global Services & Solutions Inc. for an undisclosed amount in a move to pursue business opportunities within the Defense Department. PSS also appointed Jim Ballard, formerly president of GSS, as president of its federal services group, the company said Thursday. “The acquisition of GSS strengthens our long-standing commitment to working with...

Bill Madison: LexisNexis Adds to Online Reporting Portfolio With Coplogic Acquisition

acquisition
LexisNexis Risk Solutions has bought citizen online reporting software firm Coplogic for an undisclosed sum in a move to integrate Coplogic’s technology into the eCrash traffic accident data management. Bill Madison, LexisNexis chief executive for insurance, said Tuesday the company aims to offer a single electronic crash and police reports platform through the acquisition. “Providing...

Gemalto Inks $890M Cash Deal to Buy SafeNet

Cybersecurity
Online security firm Gemalto has agreed to acquire enterprise data protection technology provider SafeNet from Vector Capital for $890 million in cash. Gemalto expects the SafeNet purchase to close in the fourth quarter of this year and will finance the deal with cash on hand and money under existing credit facilities, Gemalto said Friday. The companies aim to integrate their platform and service offerings...

Exelis Buys Air Traffic Control Software Maker Barco Orthogon

AirportRunway
Exelis (NYSE: XLS) has moved to expand its aviation systems portfolio by acquiring Barco NV‘s air traffic management software business Orthogon. Orthogon develops software applications for airport operators to manage queues, predict runway allocation and collaborate with air navigation service providers, Exelis said Friday. The ATM business will operate under Exelis’ information systems...

Brendan Hannigan: IBM Adds Security Software Firm CrossIdeas to ID Mgmt Portfolio

acquisition
IBM (NYSE: IBM) has completed its acquisition of security software provider CrossIdeas, a move that IBM Security Systems General Manager Brendan Hannigan said expands his company’s identity and access management product portfolio. “IBM can now provide enterprises with enhanced governance capabilities and transparency into risk from the factory floor to the board room,” he said...

BAE to Purchase Analytics Tech Developer Signal Innovations Group; DeEtte Gray Comments

acquisition
BAE Systems has agreed to acquire imaging and analytics technology provider Signal Innovations Group in a move to offer integrated products in the defense and intelligence markets. DeEtte Gray, president of BAE’s intelligence and security business, said Thursday the companies aim to help organizations analyze critical data for strategic and tactical use. “Together, we also have the potential...

AECOM Buys Hunt Construction Group; Michael Burke, Daniel McQuade Comment

AECOM
Michael Burke AECOM Technology Corp. (NYSE:ACM) has moved to grow its construction services business with the acquisition of Hunt Construction Group for an undisclosed amount. Daniel McQuade, AECOM’s chief executive for construction services, said Tuesday the company that will integrate Hunt Construction’s sports, healthcare and aviation portfolios into AECOM’s construction services for commercial...

Peter LaMontagne: Novetta Eyes Analytics Footprint Growth Through Global News Intelligence Buy

acquisition
Novetta Solutions has acquired Global News Intelligence, a sentiment analysis technology provider to government and commercial organizations, for an undisclosed amount. “GNI is an excellent technology partner for Novetta and will allow us to expand our presence in the sentiment analytics and open source intelligence markets,” Novetta CEO Peter LaMontagne said Tuesday. Bryan Rich and Matthew...

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

hiring
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...