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M&A Activity

NVIDIA Strikes $6.9B Deal to Buy Mellanox; Jensen Huang, Eyal Waldman Quoted

NVIDIA (Nasdaq: NVDA) agreed to acquire Mellanox Technologies (MLNX) for approximately $6.9B in a push to expand its footprint in the high-performance computing market. NVIDIA said Monday it will pay $125 in cash for each share of Mellanox through a deal, which is expected to close by the end of …

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Boeing Closes Acquisition of Mobile Aviation App Provider ForeFlight

Boeing (NYSE: BA) finalized its acquisition of web-based and mobile flight applications provider ForeFlight for an undisclosed sum as part of the company’s growth strategy. Ken Sain, vice president of digital solutions and analytics at Boeing, said in a statement published Wednesday the company will build on Foreflight’s accomplishments in …

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Cerberus Completes Purchase of Sparton; Dev Kapadia Quoted

Cerberus Capital Management completed its purchase of Sparton Corp., a defense and aerospace electromechanical device manufacturer, in a cash transaction worth approximately $18.50 per share. The deal was initially announced in mid-December. Sparton said Monday it stopped trading on the New York Stock Exchange following completion of the sale. Dev …

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Tyto Athene Buys Island IT Consultants to Expand Intell Community Services; Jeff Murray Quoted

Tyto Athene has acquired Island Information Technology Consultants for an undisclosed sum in a move to expand its intelligence community capabilities and form a mid-market mission critical technology platforms and services provider in support of government clients. “Decisions are made where information is consumed and therefore assuring information is presented in …

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Tammer Olibah, Michael Maples: Hexagon Acquisition Adds to Analytics, Geospatial Tech Offerings for Federal Sector

Hexagon’s federal business executives said they expect the pending acquisition of Thermopylae Sciences and Technology, a geospatial software vendor based in Arlington, Va., to help drive the adoption of location intelligence and five-dimensional analytics platforms within the unit’s customer base. Visualization products built by Thermopylae use the Google technology stack …

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FLIR Finalizes Endeavor Robotics Purchase; James Cannon Quoted

FLIR Systems (Nasdaq: FLIR) completed its acquisition of Endeavor Robotics from Arlington Capital Partners in a $382 million cash deal. Endeavor, formerly iRobot Defense and Security, will now operate as part of the unmanned systems and integrated solutions division of FLIR’s government and defense business unit, FLIR said Monday. James …

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Comcast Buys AI-Based Cyber Tech Developer BluVector

Comcast (Nasdaq: CMCSA) has purchased Arlington, Va.-based cybersecurity firm BluVector for an undisclosed sum. BluVector develops and provides platforms based on artificial intelligence and machine learning designed to help government agencies and companies detect and address zero-day malware, ransomware and other cyber threats, Comcast said Friday. Eric Malawer, a more …

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Nintex Adds Robotic Process Automation Platform With EnableSoft Buy

Workflow management software company Nintex has acquired EnableSoft for an undisclosed amount in a push to help clients automate and manage business processes with the latter company’s robotic process automation technology. Nintex said Monday it wants to offer the Foxtrot RPA platform across industries and the government. Foxtrot is designed …

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ManTech Signs $115M Cash Deal for Kforce Government Solutions; Kevin Phillips Quoted

ManTech International (Nasdaq: MANT) has agreed to buy Kforce Government Solutions for $115M in cash in a move to broaden its federal civilian and health footprint, particularly within the Department of Veterans Affairs. ManTech said Friday it expects the transaction to conclude this month, subject to regulatory approvals and other customary …

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CACI Closes LGS Acquisition; Ken Asbury Quoted

CACI International (NYSE: CACI) has finalized its acquisition of LGS Innovations from CoVant Management and Madison Dearborn Partners. Ken Asbury, CACI president and CEO and a 2019 Wash100 winner, said in a statement published Friday the transaction marks the company’s next step in a strategy to broaden its cyber, electronic warfare …

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