M&A Activity

Cheryl Cook: CGI-Dell Team to Offer Cloud Products for Public, Private Sectors

CGI Group (NYSE: GIB) and Dell have formed a long-term alliance to jointly develop cloud computing technologies in a push to help government and business customers leverage managed virtual desktop integration, enterprise access management and analytics functions. Cheryl Cook, vice president and general manager of channel and alliances at Dell, …

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Optex Systems Buys Applied Optics Center From L-3; Merrick Okamoto Comments

Optex Systems Holdings has closed its acquisition of laser protection filter business Applied Optics Center from L-3 Communications (NYSE: LLL) for an undisclosed amount. Applied Optics Center was formerly a division of L-3’s warrior systems sector within the electronics systems business unit, Optex said Nov. 4. “We are excited this acquisition will provide new growth opportunities …

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ICF International Closes $295M Olson Buy; Sudhakar Kesavan Comments

ICF International (NASDAQ: ICFI) has completed the acquisition of Olson, a provider of marketing technology and digital services,  for $295 million. ICF bought Olson in cash from private equity firm KRG Capital Partners and other shareholders, ICF said Wednesday. “Together, ICF and Olson will guide clients through this new digital revolution across …

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Tom Ferrando: Bridge Growth Partners to Buy CRGT in Federal Market Expansion Push

New York City-based private equity firm Bridge Growth Partners has agreed to purchase majority ownership of federal software development and data analytics services contractor CRGT from an affiliate of Veritas Capital for an undisclosed sum. Bridge Growth said Wednesday that it expects to close the transaction by the end of the year …

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Lynn Dugle: Raytheon Buys Blackbird Technologies to Further ISR, Cyber Defense Work

Raytheon (NYSE: RTN) has bought Blackbird Technologies for approximately $420 million in a move aimed at growing Raytheon’s cybersecurity, ISR and special operations technology offerings. Herndon-based Blackbird will operate under Raytheon’s intelligence, information and services business organization, Raytheon said Wednesday. “Blackbird Technologies is a strong fit for Raytheon and enhances …

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Publicis Groupe Signs $3.7B Cash Deal to Buy Sapient; Maurice Levy, Alan Herrick Comment

Publicis Groupe has agreed to acquire Boston-based technology consulting and marketing company Sapient for approximately $3.7 billion, or $25 per share in cash. The two companies’ management and supervisory boards have unanimously approved the transaction, Sapient said Monday. Maurice Levy, Publicis Groupe chairman and CEO, said the company aims to expand in …

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Marillyn Hewson: Lockheed Makes Federal Health IT Play With Buy of Systems Made Simple

Lockheed Martin (NYSE: LMT) has agreed to acquire Syracuse, New York-based health information technology services contractor Systems Made Simple for an undisclosed sum in a push to expand offerings in the federal health IT market. The companies expect to close the deal within 30 days and Systems Made Simple will …

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Deb Alderson: Sotera Sells Expeditionary Systems Arm in ‘Pure Play Nat’l Security’ Push

Sotera Defense Solutions has sold its engineered solutions division, a provider of services and components for U.S. military field kitchens and sanitary equipment, to military tent supplier Outdoor Venture Corp. for an undislclosed sum. Deb Alderson, Sotera chairman and CEO, said Oct. 22 that the sale is part of Sotera’s strategy “to …

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Booz Allen Purchases Health Informatics Firm Epidemico; Karen Dahut Comments

Booz Allen Hamilton (NYSE: BA) has acquired Boston-based population health informatics company Epidemico for an undisclosed sum in a push to further develop analytics offerings in population health. Karen Dahut, a Booz Allen executive vice president, said Wednesday that the acquisition is “aligned to Booz Allen’s Innovation agenda, adding a creative and successful …

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Larry Renfro: Optum Makes Healthcare Market Push Through Alere Health Purchase

Optum has agreed to acquire Alere‘s health management services business for $600 million cash in a bid to help government agencies, insurers and employers address public health problems. Alere Health offers medical condition management, wellness and home-based obstetrical services to more than 22 million customers across the U.S., Optum said …

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