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GovCon Wire’s August M&A Activity Recap; 7 of 11 Deals are for IT Specialists

Google (NASDAQ: GOOG) and Hewlett-Packard (NYSE: HPQ) may have made the biggest splashes in the acquisition market in August, announcing upcoming $12.5 billion and $11.7 billion cash purchases of Motorola Mobility and Autonomy Corp., respectively.

But, government contractors were very active as well, making and announcing a steady clip of purchases and focusing particular attention on information technology firms.

Below is a list of completed and announced acquisitions by contractors in August and the last week of July.

Completed Acquisitions

CACI (NYSE: CACI) closed its acquisition of the parent company of defense and intelligence cybersecurity and enterprise IT firm Paradigm Solutions for $61.5 million.

Computer Sciences Corp. (NYSE: CSC) bought Maricom Systems, Inc., a provider of healthcare IT business intelligence and data management.

Verizon subsidiary Terremark will absorb CloudSwitch, an enterprise cloud computing firm Verizon picked up in the last week of August.

GTSI purchased federal IT services provider Information Systems Consulting Group, which recently was awarded a prime position on the U.S. Treasury Department’s TIPSS-4 contract vehicle.

Boeing‘s (NYSE: BA) network and space systems business now operates Solutions Made Simple, an information services provider for the U.S. government and intelligence community.

SAIC (NYSE: SAI) paid cash for Vitalize Consulting Solutions, a provider of clinical, business and IT services for healthcare enterprises. SAIC’s Steve Comber-led health solutions business has added approximately 600 VCS workers to its ranks.

CSC acquired iSOFT Group Limited and appointed its former CEO as chief operating officer of CSC’s healthcare business. iSOFT serves more than 13, 000 healthcare providers and governments in 40 countries.

Kratos Defense & Security Solutions (NASDAQ: KTOS) merged a subsidiary with Integral Systems in a deal worth approximately $266 million. Integral is a global satellite services provider.

Announced Acquisitions

IBM (NYSE: IBM) entered a definitive agreement to acquire intelligence analytics firm i2 Group, a move the company said would improve visualization and threat and fraud analytics offerings.

General Dynamics’ (NYSE: GD) IT business unit will add healthcare IT firm Vangent to its operations for $960 million in cash. GDIT expects the deal to close Oct. 1, 2011.

Sotera Defense Solutions will buy Software Process Technologies, a software engineering firm that supports cybersecurity. SPT expects to generate approximately $35 million in 2011 revenue.

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