Home / Tag Archives: M&A Activity

Tag Archives: M&A Activity

Siris Capital Closes $2B Polycom Buy in Unified Comms & Collaboration Market Push

acquisition, merger

Investment firm Siris Capital has completed its buyout of communications and collaboration tools developer Polycom for nearly $2 billion cash, or $12.50 per share. San Jose, California-based Polycom said Monday it has stopped trading on the Nasdaq stock exchange as a result of the transaction and will continue to operate under its own name. Polycom had to …

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Bruce Brda: Motorola Eyes Public Safety Software Portfolio Expansion Through Spillman Purchase

software

Motorola Solutions (NYSE: MSI) has announced plans to purchase Spillman Technologies for an undisclosed amount in an effort to expand the communications platforms provider’s portfolio of records management systems and computer-assisted dispatch software targeted at public safety agencies. The companies said Monday they expect the deal to be completed in the fourth quarter of 2016 in a …

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Vista to Buy Actua’s GovDelivery Business for $153M in Public Sector Market Push; Patrick Severson Comments

digital-government

Vista Equity Partners has agreed to purchase cloud computing government technology business GovDelivery from Actua (Nasdaq: ACTA) for $153 million in a push to expand the private equity firm’s presence in the public sector market. The companies said Monday they expect the transaction to close in the fourth quarter of 2016 in a deal subject to closing conditions. …

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Rod Reum: Mission Ready Seeks Tactical Portfolio Growth in Buy of ForceOne Armor Business Assets

acquisition

Mission Ready Services’ PTF Manufacturing division has purchased ForceOne’s armor business manufacturing assets for an undisclosed sum. The deal also includes ForceOne’s 23 certifications for products that comply with the National Institute of Justice’s ballistic resistance standard for body armor, list of customers and trademark, Mission Ready said Thursday. Rod Reum, …

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KBR Closes $300M Purchase of Honeywell Govt Services Business; Stuart Bradie Comments

acquisition

Houston-based engineering and construction firm KBR (NYSE: KBR) has wrapped up its $300 million purchase of the U.S. government services business of Honeywell (NYSE: HON). KBR said Monday it will integrate Honeywell Technology Solutions Inc. into the KBRWyle government services organization, which KBR expects to generate $2.5 billion in annual revenue across defense and aerospace programs. KBR …

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Drone USA Acquires Howco Distributing to Add Facilities, Property; Michael Bannon Comments

acquisition, merger

New York City-based unmanned vehicle maker Drone USA has concluded its purchase of wholesale distribution company Howco Distributing Corp. for $3.5 million in cash, promissory notes and warrants. Drone USA said Tuesday it will have access to Howco’s facility leases and related intellectual property and establish connections with the latter company’s suppliers and vendors. Howco reported …

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Calibre Buys Fusion Technology in Federal Market Expansion Push; Joe Martore Comments

acquisition, merger

Management consulting and information technology services contractor Calibre Systems has purchased Reston, Virginia-based Fusion Technology for an undisclosed amount as part of Calibre’s portfolio diversification efforts. Fusion Technology works with intelligence community clients to help them create enterprise talent management applications and instructional systems, Calibre said Friday. Calibre President and CEO Joe Martore said the company …

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HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman Comments

acquisition, merger

Hewlett Packard Enterprise (NYSE: HPE) has announced plans to merge its non-core software assets with global enterprise software firm Micro Focus under an $8.8 billion deal that is expected to be tax-free to HPE. HPE said Wednesday both companies expect the combination of HPE’s big data, application delivery management, enterprise security, information technology operations …

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L-3 Communications Enters Deal to Acquire Micreo; Christopher Kubasik Comments

acquisition

L-3 Communications (NYSE: LLL) has agreed to acquire Australia-based electronic warfare subsystems provider Micreo for an undisclosed amount. L-3’s electronic systems segment will absorb Micreo and adopt the name L-3 Micreo when the transaction closes in September following completion of standard closing conditions, L-3 said Wednesday. “L-3 Micreo will enhance our core business …

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Polycom to Name Siris Capital Exec Partner Mary McDowell as CEO

Mary McDowell

Mary McDowell, an executive partner at Siris Capital Group, will join gobal communications services provider Polycom (Nasdaq: PLCM) as CEO once the latter company completes its merger with a Siris Capital affiliate. Polycom said Wednesday McDowell will succeed Peter Leav, who will continue to serve as CEO and board member …

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