M&A Activity

Cryptzone Buys HiSoftware, Kurt Mueffelmann to Lead Combined Firm

Cryptzone has bought compliance and security provider HiSoftware Inc. for an undisclosed amount in a move to grow security offerings for data stored in cloud computing platforms, mobile devices and data centers. Kurt Mueffelmann,  HiSoftware’s CEO, will serve as chief executive at the combined company,   Cryptzone said Friday. “Through this acquisition, we believe …

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Oracle to Begin 2nd Tender Offer Period for Remaining MICROS Shares

A subsidiary of Oracle (NASDAQ: ORCL) will begin a second tender offer period for shares of MICROS Systems (NASDAQ: MCRS) following the completion of the initial tender offer on Tuesday. Oracle said Wednesday that its Rocket Acquisition arm has tendered around 82.8 percent of the MICROS outstanding shares,  with the remaining shares expected to be acquired in the …

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Robert Mehrabian: Teledyne Adds Acoustic Tools Through $171M Purchase of Bolt Technology

Teledyne Technologies (NYSE: TDY) has agreed to acquire Bolt Technology Corp. (NASDAQ: BOLT) for nearly $171 million in a move that Teledyne Chairman and CEO Robert Mehrabian says is intended to expand his company’s marine instrumentation portfolio. Mehrabian said Wednesday that Bolt’s SeaBotix business will become a part of Teledyne’s marine systems business. “Bolt’s geophysical acoustic sources …

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Kofax Buys E-Signature Firm Softpro

Kofax (NASDAQ: KFX) has moved to build up its information security offerings with the acquisition of German verification systems provider Softpro for an undisclosed amount. Irvine, California-based Kofax said Tuesday it expects the transaction to add fraud detection and electronic signature verification to its First Mile business process management software. Kofax expects …

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Hugh Evans: Veritas Capital Eyes Cyber Market Growth Through BeyondTrust Purchase

An affiliate of Veritas Capital will purchase cybersecurity firm BeyondTrust from Insight Venture Partners for an undisclosed sum in a move to pursue growth with enterprise and government clients. “We expect the cybersecurity market to benefit from increasing regulatory/compliance requirements, high-profile breaches and complexity of the IT environment, ” Hugh Evans, a partner at Veritas Capital, said Tuesday. BeyondTrust …

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Thomas Lewis: Louis Berger Acquires Leidos’ Water, Waste Resources Practice

Louis Berger has bought the water and waste resource division of Leidos (NYSE: LDOS) for an undisclosed amount in a move aimed at expanding Louis Berger’s water practice. Thomas Lewis, group president at Louis Berger, said Tuesday the company also intends to further grow its market presence through the sale. …

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Lockheed Completes Purchase of Astrotech Space Operations Business

Lockheed Martin has completed the purchase of the Astrotech Corp‘s space operations business, Lockheed said Monday. The acquired business will become a fully-owned Lockheed subsidiary with a presence at both Titusville, Florida and Vandenberg Air Force Base, California. According to Lockheed, the company has helped with satellite launch preparations for more …

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Lockheed Acquires Energy Storage, Conversion Tech Maker Sun Catalytix

Lockheed Martin (NYSE: LMT) has acquired Cambridge, Massachusetts-based energy storage and conversion technology maker Sun Catalytix Corp. for an undisclosed sum. Sun Catalytix will operate as a subsidiary within Lockheed’s missiles and fire control business area and will do business under the name Lockheed Martin Advanced Energy Storage LLC, Lockheed said Monday. Twenty-five …

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Datapipe Buys Cloud Firm Layered Tech, Dan Tudahl to Lead Gov’t Arm

Datapipe has moved to grow its market presence and expanded managed cloud hosting portfolio by purchasing Layered Tech, a midsize provider of managed hosting services and cloud infrastructure-as-a-service, for an undisclosed sum. Datapipe said Tuesday it aims to bolster its Enterprise Cloud Risk Management offering and other cloud solutions focused on federal security and compliance …

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Robert Mehrabian: Teledyne Buys Atlas Hydrographic to Grow Marine Acoustics Portfolio

Teledyne Technologies (NYSE: TDY) has moved to grow its marine acoustic imaging business by purchasing Atlas Hydrographic, a developer of sonar technology for mid and deep water environments. Robert Mehrabian, Teledyne president and CEO, said Monday the company adds multi-beam transmitters for marine science and ocean surveying applications to its …

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