M&A Activity

Day & Zimmermann Takes Full Ownership of Security Firm SOC; Hal Yoh Comments

Day & Zimmermann has acquired the remaining stake in security technology and infrastructure services company SOC for an undisclosed amount. Steve Selfridge, a 30-year public and private sector veteran, will lead SOC as president, D&Z said Tuesday. “We are committed to enhance and build upon SOC’s legacy as a loyal …

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Olivier Piou: Gemalto Closes SafeNet Acquisition for Enterprise, Cloud Security Strategy

Amsterdam-based online security firm Gemalto has closed its estimated $890 million cash acquisition of Maryland-headquartered enterprise data protection technology maker SafeNet from Vector Capital. Gemalto said Wednesday it will add SafeNet into the payment and identity segment and the purchase is primarily of platforms and services. Olivier Piou, Gemalto CEO, said the …

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Haywood Talcove: LexisNexis to Purchase BAIR Analytics for Public Safety Tech Push

LexisNexis Risk Solutions has agreed to buy BAIR Analytics in a move to help law enforcement organizations accelerate the criminal investigation process with technology. BAIR Analytics builds data analysis, mapping and visualization tools for public safety agencies to examine and predict crime patterns, LexisNexis said Tuesday. Haywood Talcove, CEO of …

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Belden Completes Tripwire Acquisition; John Stroup Comments

Belden Inc. (NYSE: BDC) has wrapped up the acquisition of security and compliance services provider Tripwire for $710 million. John Stroup, president and CEO of Belden, said Monday the signal transmission services firm will integrate Tripwire’s technology into Belden’s application to help enterprise, industrial and broadcast clients deploy and secure connected …

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Brian Clark: NCI Targets Govt Services Market Growth with Computech Buy

NCI (NASDAQ: NCIT) has agreed to purchase Bethesda, Maryland-based government services provider Computech for approximately $56 million in cash. NCI said Monday it expects the transaction to close on Thursday and that it will finance the deal with cash on hand and credit facility borrowings. “The acquisition of Computech is in line …

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The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

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Atos to Acquire Xerox’s IT Outsourcing Business for $1.05B

Atos has agreed to acquire Xerox‘s (NYSE: XRX) information technology outsourcing business to Atos for $1.05 billion with $50 million in additional consideration. The companies expect to close the transaction in the first half of 2015  and Aton will provide IT services to Xerox as part of the deal,  Xerox said Thursday. Xerox’s ITO’s …

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Cubic Buys DTECH LABS for $114.5M; Bradley Feldmann Comments

Cubic Corp. (NYSE: CUB) has acquired modular networking and baseband communications equipment provider DTECH LABS Inc. for $114.5 million. Bradley Feldmann, president and CEO of Cubic, said Tuesday the DTECH acquisition is part of the company’s “near-term strategy to build a niche $100 [million] to $200 million C4ISR business generating …

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Wartsila to Buy L-3’s Marine Systems Int’l Business for $357M; MIchael Strianese Comments

L-3 Communications (NYSE: LLL) has agreed to sell its Marine Systems International business to Wartsila Corp. for $357 million in a move that L-3 CEO Michael Strianese says is part of the company’s plan to reshape its portfolio. The companies expect to complete the transaction in the second quarter of 2015 and Wartsila will assume $75 …

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BAE’s US Arm Inks Deal for Eclipse Electronic Systems, Parent Closes SilverSky Buy

BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — has agreed to acquire Eclipse Electronic Systems from Esterline Corp. for nearly $28 million cash in order to add new intelligence, surveillance and reconnaissance products to BAE’s portfolio. The transaction is scheduled to complete in the first quarter of 2015 and is pending regulatory approvals, BAE said Thursday. Dallas-based …

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