Home / Tag Archives: Acquisition

Tag Archives: Acquisition

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

May 26 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index closed Friday with a decline of 0.328 points at 75.067 for a second straight day of losses. Harris Corp. (NYSE: HRS) and Exelis (NYSE: XLS) both reported a jump of 1 percent following news that they are set to close the former’s acquisition of the latter on May 29 after securing approval from the Justice Department and Exelis shareholders. The Dow Jones ...

Read More »

Scitor to Join SAIC’s New Intell Customer Group Upon Deal’s Closure; Tony Moraco Comments

Tony Moraco

Systems engineering contractor Scitor will join Science Applications International Corp.‘s (NYSE: SAIC) new intelligence community customer group following SAIC’s completed $790 million cash acquisition of Scitor. SAIC announced the deal’s closure Monday and said Scitor President Timothy Dills will lead the new group, which SAIC estimates to represent 11 percent of its total customer mix. Scitor generated $600 ...

Read More »

L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis Comments

acquisition

Slate Capital Group has purchased sports television technology maker Broadcast Sports Inc. from L-3 Communications (NYSE: LLL) for an undisclosed amount. BSI will operate under the name Broadcast Sports International LLC after Slate Capital completes the acquisition and Peter Larsson will continue to lead the business, Slate Capital said Monday. Parker Davis, managing member ...

Read More »

Tetra Tech Signs Deal to Purchase Cornerstone Environmental Group; Dan Batrack Comments

acquisition

Tetra Tech Inc. (NASDAQ: TTEK) has agreed to acquire Cornerstone Environmental Group for an undisclosed amount. Middletown, New York-based Cornerstone will join Tetra Tech’s resource management and energy segment upon the transaction’s scheduled closure in May, Tetra Tech said Wednesday. “Utilities are faced with the challenge of responding to new U.S. ...

Read More »

EMC Buys Encryption Provider CloudLink; Chad Sakac Comments

Chad Sakac

EMC (NYSE: EMC) has bought security provider CloudLink for an undisclosed amount in a move to address data security requirements of clients, CRN reported Friday. Matt Brown writes Ottawa, Canada-based CloudLink will form part of EMC’s federation enterprise hybrid cloud and continue its membership in the Microsoft Azure ecosystem. Chad ...

Read More »