M&A Activity

Report: ATK In Talks to Buy Weapon Accessory Firm Bushnell for $1B

ATK (NYSE: ATK) has entered into negotiations to buy gun accessory manufacturer Bushnell Outdoor Products for approximately $1 billion, Reuters reported Monday. Olivia Oran and Greg Roumeliotis write Bushnell has called in financial services companies Morgan Stanley and Robert W. Baird & Co. to examine a potential sale. Oran and …

Read More »

BMC Software Buys KineticGlue

BMC Software has acquired Bangalore, India-based social network KineticGlue Online Communities for an undisclosed amount, VCCircle reported Friday. Sainul Abudheen writes the KineticGlue platform works to help separate teams collaborate online, as well as manage employees, documents and tasks. The company, founded by Akansa Capital founder and former Wipro CEO Vivek …

Read More »

GE Completes $4.3B Purchase of Italian Aviation Business; David Joyce Comments

General Electric (NYSE: GE) has concluded its $4.3 billion purchase of the aviation segment of Avio S.p.A., an Italian supplier of military and civil aircraft components. The acquisition is aimed at growing GE’s market footprint in areas such as combustion, mechanical transmission and automation, GE said Thursday. David Joyce, president …

Read More »

Accenture to Buy Federal Health IT Contractor ASM Research; David Moskovitz Comments

Accenture Federal Services (NYSE: ACN) has inked a deal to acquire defense and federal healthcare contractor ASM Research Inc. for an undisclosed amount as Accenture looks to generate new opportunities in the military health market with customers including the departments of Defense and Veterans Affairs. Fairfax, Va.-based ASM is an …

Read More »

EADS to Change Name to Airbus Group and Combine Defense, Space Operations

EADS has announced plans to consolidate the operations of its defense and aerospace units in an effort to reduce market vulnerability of its defense business, MarketWatch reported Wednesday. Monica Houston-Waesch writes EADS will change its name to Airbus Group as part of the reorganization that will see the company’s Cassidian …

Read More »

LexisNexis Absorbs Elsevier’s Clinical Analytics Business; Lee Rivas Comments

LexisNexis has moved to expand its identity and fraud analytics services with an agreement to merge Elsevier‘s clinical analytics business unit into its healthcare division. LexisNexis, Elsevier’s sister company under the Reed Elsevier Group, will absorb MEDai to help customers coordinate healthcare services, manage population health, enhance clinical results and minimize fraud, waste and abuse …

Read More »

Xerox Buys Software Firm CVG; Mark Brennan Comments

Xerox (NYSE: XRX) has acquired Customer Value Group, a provider of cloud-based accounts receivable and customer relationship management software. Xerox will add to its financial process outsourcing services CVG’s Value+ cloud application that works to unify AR and customer service operations, the company said July 2. Mark Brennan, Xerox group president …

Read More »

Michael Dell, Silver Lake Raise Buyout Offer; Shareholder Vote Scheduled Aug 2

Michael Dell and investment firm Silver Lake Management have increased the value of their proposal to acquire Dell (NASDAQ: DELL) by 10 cents per share to $13.75 per share, or $24.6 billion, Bloomberg reported Wednesday. Callie Bost and Aaron Ricadela write the new offer represents a 26 percent premium over …

Read More »

Cisco to Buy Security Software Firm Sourcefire for $2.7B; Christopher Young Comments

Cisco (NASDAQ: CSCO) has agreed to acquire security software maker Sourcefire for $2.7 billion in a bid to build up its research and technology portfolio in threat protection. Both boards of directors have approved the terms of the deal, under which Cisco will buy Sourcefire shares in cash at $76 …

Read More »

Report: EADS Mulls Rename for Reorg

EADS is set to reorganize in a move that could include adopting the corporate name of its Airbus commercial aircraft business unit, Reuters reported Thursday. Citing several sources, Tim Hepher and Sabine Siebold write EADS is reviewing strategies for its aerospace and defense activities and the company’s board will meet at the …

Read More »