Bridge Growth Partners Closes CRGT Purchase: Alok Singh Comments

CRGT
New York City-based private equity firm Bridge Growth Partners has completed its acquisition of a majority ownership stake in data analytics and cybersecurity contractor CRGT from Veritas Capital. “The federal IT services sector represents fertile ground for agile software development, big data, and cybersecurity,” Alok Singh, co‐founder and managing principal at Bridge Growth Partners, said...

Olivier Piou: Gemalto Closes SafeNet Acquisition for Enterprise, Cloud Security Strategy

Cybersecurity
Amsterdam-based online security firm Gemalto has closed its estimated $890 million cash acquisition of Maryland-headquartered enterprise data protection technology maker SafeNet from Vector Capital. Gemalto said Wednesday it will add SafeNet into the payment and identity segment and the purchase is primarily of platforms and services. Olivier Piou, Gemalto CEO, said the company purchased SafeNet...

David Petty Joins Nuix as Commercial Sales SVP; Jim Kent Comments

big data2
David Petty, a 20-year technology industry veteran, has been named senior vice president of commercial sales at data management company Nuix. He will oversee the company’s electronic discovery, investigation, cybersecurity and data governance offerings in the North American market, Nuix said Tuesday. “Dave understands the data challenges commercial entities face and is positioned to deliver...

Belden Moves To Buy Tripwire Cyber Tech for $710M; John Stroup Comments

acquisition
Belden has sought to expand its threat response and cybersecurity portfolio with its planned acquisition of vulnerability management firm Tripwire for $710 million in cash. John Stroup, Belden president and CEO, said Tuesday the purchase is an “important and natural” move for a company that provides signal transmission products for network applications. Belden indicated that following the transaction...

Former USPS Official Charles McGann Joins CRGT as Chief Cyber Strategist; Tom Ferrando Comments

Charles McGann
Charles McGann Charles McGann, formerly corporate information security officer at the U.S. Postal Service, has been named chief cyber strategist at CRGT and will focus on cybersecurity protection offerings for the federal market. “Chuck’s expertise will guide CRGT’s cyber strategy and assist in providing information assurance expertise to address our client’s mission needs,”...

Craig Cooning: Boeing Considers Cyber Business Divestitures to Focus on Market Niche

boeing logo
Boeing (NYSE: BA) is looking into a potential divestiture or reassignment of some portions of its cybersecurity business as the company aims to focus on other areas in its portfolio, Reuters reported Tuesday. Andrea Shalal reports that Boeing has secured classified cyber contracts with the government but faces a crowded market since its acquisition of several small cyber companies years ago. “There...

Steve Omick: ACS, Army to Collaborate on Cyber Model Experiment Methods

dhs-cyber
Applied Communication Sciences has been awarded a five-year, $48.5 million contract with the Army Research Laboratory to develop new approaches for cyber experimentation. The U.S. Army will use the approaches to evaluate and migrate parallel research programs that are conducted under the lab’s cybersecurity collaborative research alliance, ACS said Thursday. “In dealing with...

Lynn Dugle: Raytheon Buys Blackbird Technologies to Further ISR, Cyber Defense Work

Lynn Dugle
Lynn Dugle Raytheon (NYSE: RTN) has bought Blackbird Technologies for approximately $420 million in a move aimed at growing Raytheon’s cybersecurity, ISR and special operations technology offerings. Herndon-based Blackbird will operate under Raytheon’s intelligence, information and services business organization, Raytheon said Wednesday. “Blackbird Technologies is a strong fit for...

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

dhs-cyber
BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in the...

Former Cisco Security Exec Christopher Young to Head Intel Security; Renee James Comments

Christopher Young
Christopher Young Christopher Young, former senior vice president of Cisco‘s (Nasdaq: CSCO) global security and government group, has joined Intel (Nasdaq: INTC) as SVP and general manager of Intel Security and member of the management committee. Intel said Monday Young will report directly to President Renee James, who noted that Young’s cybersecurity expertise would help him lead...