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Tag Archives: CSC

HPE to Buy Silicon Graphics International for $275M in Big Data Analytics, HPC Market Push

cloudIT

Hewlett Packard Enterprise (NYSE: HPE) has agreed to purchase Milpitas, California-based high-performance computing platforms provider Silicon Graphics International (Nasdaq: SGI) for approximately $275 million cash in a push to expand its footprint in the HPC and big data analytics markets. SGI said Thursday the price of the transaction is $7.75 …

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CSRA Shows Openness to Deals With ‘Cloud-Enabled Digitization’ Factor, 1Q Earnings Top Street Outlook

CSRA

CSRA (NYSE: CSRA) is open to acquisitions and has allocated a portion of its cash deployment strategy for potential deals, the company’s chief executive told investors Wednesday. “They have to give us a technology edge as we think about cloud-enabled digitization of the marketplace. We always look for customer intimacy and competitive …

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Weekly Roundup August 1 – August 5 2016: Leidos Further Details Post-Merger Picture & more

acquisition, merger

August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting’s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic’s home of market-moving news for the sector. …

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Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

PatriotMissile

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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Joe Ayers: Future CSC-HPE Enterprise Services Combination Eyes Systems Integration Sector

Joe Ayers

TYSONS CORNER, VA, July 28, 2016 — Joe Ayers, vice president of Hewlett Packard Enterprise‘s (NYSE: HPE) federal enterprise group, has said the future merger between HPE’s enterprise services segment and Computer Sciences Corp. will create a large information technology services company that works to support the systems integration community. He told …

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Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff

NorthropLogo

Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a realignment initiative …

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Weekly Roundup June 20 – June 24 2016: Brexit Vote Fallout Reaches Defense Stocks & more

UKEuropeFlags

June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Thursday’s highly-anticipated and historic “Brexit” vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Britain’s potential …

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Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment Combination

Mike Lawrie

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie said Thursday he will step down from his roles as chairman and a member of the board of directors at the government technology services spinoff CSRA (NYSE: CSRA) August 9. Lawrie announced his departure from the CSRA board approximately one month after CSC announced its …

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Report Names 10 Key Companies in Growing UCaaS Market

market analysis

TYSONS CORNER, VA, June 17, 2016 — Research and Markets predicts that the unified communications-as-a-service market will post a compound annual growth rate of 11.2 percent through 2022 due to increased investments, ExecutiveBiz reported Thursday. The market research firm said May 26 the rise of business process outsourcing in the banking, financial services, insurance and …

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CMS Picks 80 Companies for Potential $25B IT Services IDIQ

electronic-health-record-EHR

The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps notice and said all operational divisions of its Cabinet parent Department …

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