M&A Activity

National Technical Systems Buys Wyle Laboratories’ Testing Business; William McGinnis Comments

National Technical Systems Inc. (NASDAQ: NTSC) has bought Wyle Laboratories’ testing business for an undisclosed amount, AL.com reported Wednesday. Lucy Berry writes NTS intends to build nuclear and space testing systems with Wyle Laboratories’ three acquired facilities in Huntsville, Ala., El Segundo, Calif., and San Bernardino, Calif. William McGinnis, NTS …

Read More »

In-Q-Tel-Backed Platfora Gets $38M in Venture Capital; Ben Werther Comments

A big data analytics company funded by In-Q-Tel has received a $38 million investment in the latest round of venture capital from firms such as Tenaya Capital, Citi Ventures and Cisco (NASDAQ: CSCO). Platfora now has $65 million in total financing and intends to further bring big data analytics technology into a “fact-based …

Read More »

Sparton Acquires Medical Tech, Biotech Provider Aubrey Group; Cary Wood Comments

Design and manufacturing firm Sparton (NYSE: SPA) has acquired the Aubrey Group, an Irvine, Calif.-based provider of products for medical and biotechnological equipment manufacturers. The acquisition is expected to increase Sparton’s annual revenue by $8 million, Sparton said Tuesday. Cary Wood, president and CEO of Sparton, said Aubrey Group’s offerings will be …

Read More »

Report: Microsoft Interested in Acquiring Mobile Startup Xamarin

Microsoft (NASDAQ: MSFT) is finalizing discussions with mobile startup business Xamarin in a move that could result in a potential acquisition of the company, CRN reported Monday. Kevin McLaughlin writes Microsoft developers will be able to code mobile applications on the iOS and Android platforms if a major deal comes through. …

Read More »

Marillyn Hewson: Lockheed Seeks Aviation IT Business Growth Through BEONTRA Buy

Lockheed Martin (NYSE: LMT) has bought airport planning and forecasting tools provider BEONTRA AG for an undisclosed amount. Marillyn Hewson, Lockheed chairman, president and CEO, said Tuesday that BEONTRA’s traffic and revenue planning portfolio will be integrated into Lockheed’s commercial aviation offerings. “BEONTRA’s capabilities expand our business in commercial airport information …

Read More »

Ralph Shrader Says Booz Allen Will Continue to Evolve as it Pursues Growth

Booz Allen Hamilton leader Ralph Shrader has held the chief executive role at the Tysons Corner, Va.-based government services provider since 1999, and has overseen several important changes at the firm, including the separation of its government and commercial businesses and its transition into a public company. Marjorie Censer of …

Read More »

ICF Acquires Digital IT Consulting Firm CITYTECH

ICF International (NASDAQ: ICFI) has completed its purchase of CITYTECH, a consulting services provider focused on interactive media, mobile applications and cloud computing and customer service management. Terms were not disclosed and ICF intends for the acquisition to complement its portfolio of integrated digital and interactive offerings for both government …

Read More »

Textron Acquires Beechcraft for $1.4B; Scott Donnelly Comments

Textron (NYSE:TXT) has formed a new aviation segment following the acquisition of Beechcraft’s parent company Beech Holdings LLC for nearly $1.4 billion in cash. Scott Ernest, formerly president and CEO of Textron’s Cessna business, has been appointed CEO of Textron Aviation, which combines the Beechcraft and Cessna businesses, Textron said Friday. …

Read More »

Wayne Williams: Embarcadero Makes Data Architecture Push, Buys CA’s Data Modeling Business

Embarcadero Technologies intends to acquire the data modeling business of CA Technologies for an undisclosed amount in a move aimed at adding new channel partners and accessing broader markets. “Data architecture is now the biggest part of Embarcadero’s business and represents our significant commitment to the category, ” Wayne Williams, Embarcadero …

Read More »

Marillyn Hewson: Lockheed to Buy Industrial Defender for Commercial Cyber Push

Lockheed Martin (NYSE: LMT) has moved to expand its cybersecurity business by agreeing to buy Foxborough, Mass.-based Industrial Defender for an undisclosed amount. Lockheed expects to close the transaction within 30 days subject to customary closing conditions, Lockheed said Wednesday. “Industrial Defender’s expertise in cyber security for critical infrastructure is …

Read More »