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M&A Activity

Juniper Buys Trapeze; Boosts WLAN Offerings

Juniper Networks (NYSE: JNPR) has a deal in place to acquire Trapeze Networks from Belden Inc. (NYSE: BDC) for $152 million. Trapzez focuses on enterprise wireless local area network (WLAN) systems and management software. As a result of the move, Juniper has increased its WLAN infrastructure offerings as it continues …

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Northrop Grumman Devises New Student Evaluation Technology; Catherine Kuenzel Comments

Northrop Grumman (NYSE:NOC) will partner alongside Educational Testing Service (ETS) to include ETS Formative Assessment Item Banks in Northrop Grumman’s Horizon Assessment System. The product is designed to lend teachers an improved technology solution for student evaluation. “The demonstrated expertise of Educational Testing Service will strengthen the Horizon educational assessment …

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Abraxas Sold to Cubic for $124 Million; Hollis Helms Rides Off into Sunset

Cubic Corporation has a deal in place to acquire Abraxas at a price of $124 million. Virginia-based Abraxas specializes in “risk mitigation and subject matter and operational expertise for national security, law enforcement and homeland security clients.” Abraxas will lend almost 300 operational and technical professionals to Cubic’s Mission Support …

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Bob Brammer, Northrop Grumman Reach for ‘M.O.R.E. POWER’

Northrop Grumman (NYSE: NOC) has partnered with Montana-based Rocky Mountain Supercomputing Centers (RMSC) to form the Maximizing and Optimizing Renewable Energy (M.O.R.E.) POWER initiative, a program combining the supercomputing abilities of RMSC with the site selection tool belonging to Northrop Grumman to help find out which wind and solar farms …

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Mac Curtis, Vangent Take on the Role of Mentor

Vangent has agreed to team with Customer Value Partners, Inc. (CVP) under the DHS Mentor-Protégé program. According to Vangent, “the partnership will enable collaboration between the two companies to enhance CVP’s competitiveness, independence and development, and to strengthen Vangent’s offerings.” This marks Vangent first time working with the mentorship program. …

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Raytheon Buys TCS to Boost Cybersecurity Portfolio

Raytheon (NYSE: RTN) has purchased cybersecurity firm Trusted Computer Solutions (TCS). TCS becomes the seventh acquisition Raytheon has executed in an effort to enhance the firm’s cybersecurity offering since 2007. Terms of the deal were not disclosed. “Raytheon is committed to delivering the industry’s most comprehensive portfolio of products, solutions …

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GTEC’s John Hillen Signs Off on Signature Government Solutions Acquisition

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has agreed to acquire  Signature Government Solutions, LLC (SGS) at a cost of $52.5 million. SGS delivers sophisticated information technology, cybersecurity and intelligence analysis services to the Intelligence Community.   The Herndon, Va.-based firm generated $37 million last year and  boasts a 100-percent …

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Global Crossing Purchases Video Solution Provider Genesis Networks

Global Crossing (Nasdaq: GLBC) has acquired global video services provider Genesis Networks, a firm specializing in media and video-based solutions. Global Crossing paid out a total of nearly $27 million, including $15 million in connection with the repayment of existing debt. “The proliferation of HD and 3-D video will soon …

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Keane Set to Merge with Japanese Firm; Public Sector EVP Tim Conway Comments

Keane and Japanese IT firm NTT DATA have struck a merger agreement under which Knight Subsidiary Corporation, a wholly owned subsidiary of NTT DATA, will merge with Keane International, resulting in Keane becoming a wholly owned subsidiary of NTT DATA. The deal is subject to various approvals. Terms of the …

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