Information technology distribution company Tech Data (Nasdaq: TECD) has completed its acquisition of DLT Solutions for approximately $205M in cash in a push to advance growth initiatives and create opportunities for channel partners in the public sector.
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Apollo Raises Takeover Bid for Tech Data to $6B
Tiger Midco, an affiliate of funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates, has increased its offer to acquire information technology distribution company Tech Data (Nasdaq: TECD) from $130 in cash per share to $145 per share, or approximately $6B, under an amended deal.
Read More »Apollo Global Strikes $5.4B Deal for Tech Data; Rich Hume Quoted
Funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates have agreed to acquire information technology distribution company Tech Data (Nasdaq: TECD) for approximately $5.4B, or $130 in cash per share.
Read More »Tech Data to Buy DLT for Public Sector Channel Strategy
Information technology distribution company Tech Data (Nasdaq: TECD) has agreed to acquire software and cloud technology aggregator DLT Solutions in a move to expand products portfolio and create opportunities for public sector channel partners.
Read More »Gov’t IT Market Vet Tim Hannon Joins Tech Data as Public Sector Solutions VP
Tim Hannon, formerly president of CIS Secure Computing, has joined Tech Data Corp. (Nasdaq: TECD) as vice president of public sector solutions at the global information technology distributor. His responsibilities will include oversight of the Tech Data Government Solutions subsidiary and its work under the General Services Administration‘s IT Schedule 70 contract, the …
Read More »Joe Quaglia: Tech Data Adds to Data Center Portfolio with STG Acquisition
Tech Data Corp. (Nasdaq: TECD) has agreed to buy data center and information technology services company Signature Technology Group for an undisclosed amount. Joe Quaglia, president of the Americas markets business at Tech Data, said Wednesday the company seeks to diversify its data center portfolio and create value for clients …
Read More »Sealing Technologies to Produce Portable Data Processing Platform Under $89M Navy OTA; Ed Sealing Quoted
Sealing Technologies, a Columbia, Maryland-based research, engineering and integration services provider, will transition the Operational Data Integrated Network deployment kit to the production phase under a potential five-year, $89 million other transaction agreement with the U.S. Navy. SealingTech said Tuesday it developed ODIN under an OTA with the Information Warfare …
Read More »Survice Engineering Wins $88M Contract for DOD Technical Data Analysis Services
Survice Engineering has won a six-year, $87.8 million contract from the U.S. Air Force to help the Department of Defense Information Analysis Center manage data across 22 technical focus areas. The Air Force Installation Contracting Center received two offers for the indefinite-delivery/indefinite-quantity contract via a competitive procurement and the military …
Read More »FAA Eyes Commercial Tech to Analyze, Share Aviation Safety Data
The Federal Aviation Administration is conducting market research into vendors' capabilities and experiences in developing an integrated analytics system to support a public-private initiative aimed at analyzing and sharing aviation safety data.
Read More »Tim Conway: NTT Data Supports Virtual Education With Tech & Service Offerings
TYSONS CORNER, VA, September 8, 2020 — NTT Data Services introduced a suite of technology and service offerings meant to help educational institutions conduct lessons for students safely during the coronavirus pandemic, ExecutiveBiz reported Aug. 20.
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