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.

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.

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.

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.

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 …

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 …

TYSONS CORNER, VA, August 10, 2020 — Raytheon Technologies (NYSE: RTX) proposed an artificial intelligence-based Tactical Intelligence Targeting Access Node for the U.S. Army to manage large amounts of sensing information and identify potential threats, ExecutiveBiz reported July 27.

Transcend Technological Systems has won a potential seven-year, $485M contract from the U.S. Air Force to update, consolidate and maintain applications for an enterprise data center at Hill AF Base in Utah. The branch received eight offers for the single-award, indefinite-delivery/indefinite-quantity contract via a competitive acquisition process, the Department of Defense said Thursday.

Survice Engineering has secured an $89.5M indefinite-delivery/indefinite-quantity contract to help Defense Technical Information Center personnel obtain, store, synthesize, study and distribute scientific data across 22 technical focus areas.

Jay Boisseau, AI and HPC technology strategist at Dell Technologies (NYSE: DELL), has said collection of more digital data, emergence of new processors and graphics processing units and development of better algorithms are the three elements that could help federal agencies create a “perfect storm” to push the adoption of artificial intelligence.