M&A Activity

T-Rex Solutions has acquired information technology engineering services firm Zot for an undisclosed sum as part of efforts to expand its presence in the intelligence community and broaden its IT management service offerings to national security agencies.

NVIDIA (Nasdaq: NVDA) has agreed to acquire U.K.-based semiconductor company Arm from SoftBank Group and SoftBank Vision Fund for approximately $40B in a push to expand its artificial intelligence computing capabilities.

Noblis has purchased Sterling, Virginia-based management and technology consulting firm Inductive Minds for an undisclosed sum in a move to grow service offerings for the defense and intelligence community sectors.

Alpha Omega Integration, a Vienna, Va.-based information technology service management company, has agreed to acquire IT consulting firm Confiance for an undisclosed sum to help expand the former’s domain and technical expertise.

Market experts said another wave of mergers and acquisitions in the defense sector might be in the offing driven by possible changes in federal spending and taxes linked to any potential administration change, the Washington Business Journal reported Wednesday.

Applied Composites Holdings, a portfolio company of private equity firm AE Industrial Partners, has made its fifth acquisition with its purchase of composite structures provider Alliance Spacesystems for an undisclosed sum.

AMERGINT Technologies Holdings has closed its acquisition of the space-based optics business of Raytheon Technologies (NYSE: RTX) and will operate the newly acquired business Danbury Mission Technologies.

Motorola Solutions (NYSE: MSI) has agreed to acquire cloud application developer Callyo for an undisclosed sum to support the former’s efforts to expand its mobile command center portfolio.

Washington, D.C.-based development consulting firm Chemonics International has purchased the goverment services unit of San Francisco-based utility and energy management software provider Nexant for an undisclosed sum.

COMSovereign Holding has agreed to purchase all the equity interests of Fastback Networks for approximately $14M as part of efforts to expand its portfolio of 5G and wireless backhaul technology offerings.