AECOM Signs $4B Deal to Buy URS Corp

NavyConstruction
Engineering design and infrastructure services firm AECOM has agreed to buy URS Corp. (NYSE: URS) for approximately $4 billion in cash and stock, or $56.31 per share, the companies said Sunday. AECOM will also assume URS’ debt and expects to close the acquisition in October, pending regulatory approvals and approval by shareholders at both companies. Including the assumption of URS debt, AECOM...

The SI Org Closes Purchase of QinetiQ NA’s Services Arm

Mac Curtis
Mac Curtis QinetiQ confirmed Tuesday that it has completed the sale of its U.S.-based services division to The SI Organization, a little more than a month after regulatory and shareholder approvals were met. The SI Organization has made an initial payment of $165 million for QinetiQ North America‘s services group and could pay an additional $50 million in cash no earlier than March 31 2015 depending...

Thales to Acquire Alcatel-Lucent’s Cybersecurity, Comms Security Business; Jean-Bernard Lévy Comments

Cybersecurity
Thales has agreed to acquire the cybersecurity and communications security business of Alcatel–Lucent in a move to jointly offer network security products and services. Alcatel-Lucent will transfer its network security assets to Thales in order to grow its commercial proposition in cybersecurity, Thales said Thursday. “This investment responds to the growing ambition of Thales in promising...

Exelon Signs $7B Cash Deal to Buy Pepco; Chris Crane Comments

PowerPlant
Chicago-based energy producer and distributor Exelon Corp. (NYSE: EXC) has agreed to buy the parent company of mid-Atlantic regional electricity and gas provider Pepco for approximately $6.8 billion in cash, or $27.25 per share. The companies expect the transaction to close in either the second or third quarter of 2015 and increase Exelon’s earnings per share in the first full year after closing,...

George Pedersen: ManTech to Buy 7Delta in Healthcare IT Push

George Pedersen
George Pedersen ManTech International (NASDAQ: MANT) has agreed to purchase Columbia, Md.-based technology management contractor 7Delta for an undisclosed sum that includes cash on hand and funding from ManTech’s existing line of credit. Fairfax, Va-based ManTech expects to close the transaction in May and anticipates the deal to increase its earnings per share in 2014, the company said Wednesday. George...

Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

rocket-launch
Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that they expect to complete the merger by the end of calendar year 2014 and is subject...

Google Acquires Solar-Powered UAV Maker Titan Aerospace

naval-drone-stock-photo
Google has purchased New Mexico-based unmanned aerial vehicle manufacturer Titan Aerospace for an undisclosed amount as the search giant seeks to build up its image collection and remote area access offerings, the Wall Street Journal reported Monday. Alistair Barr and Reed Albergotti write that Titan’s nearly 20 employees will remain in Mexico and continue to be led by CEO Van Raburn. Titan builds...

Report: Boeing Eyes Mercury Systems Acquisition

Boeing (NYSE:BA) is exploring a potential acquisition of digital imaging processing and big data processing technology maker Mercury Systems (NASDAQ: MRCY), Reuters reported Friday. Nicola Leske and Mike Stone write that Boeing wants to increase its presence in the commercial aerospace component sector and access Mercury’s microprocessor business. Evercore Partners has been hired to help Mercury...

Mike Corkery: Deltek Aims to Complement ERP Portfolio With Sohnar Acquisition

Mike Corkery, Deltek - Executive Mosaic
Mike Corkery Deltek has acquired London-based program management application developer Sohnar for an undisclosed amount in a move aimed at expanding Deltek’s professional services automation portfolio. Sohnar makes the cloud-based Traffic LIVE product for users to create estimates and quotes and schedule resources for projects.Deltek announced  Thursday. Traffic LIVE contains an online studio,...

Wayne Williams: Embarcadero Makes Data Architecture Push, Buys CA’s Data Modeling Business

Embarcadero Technologies intends to acquire the data modeling business of CA Technologies for an undisclosed amount in a move aimed at adding new channel partners and accessing broader markets. “Data architecture is now the biggest part of Embarcadero’s business and represents our significant commitment to the category,” Wayne Williams, Embarcadero Technologies CEO, said Thursday. As...