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M&A Activity

Verizon Acquires Cloud Computing Firm, to Combine with Terremark

Verizon Communications (NYSE: VZ) has acquired enterprise cloud computing firm CloudSwitch for an undisclosed amount. Verizon plans to combine Mass.-based CloudSwitch with its Terremark IT services subsidiary to enhance its hybrid cloud and cloud-to-cloud capabilities. CloudSwitch’s software eliminates barriers to enterprise cloud adoption by securely moving applications and workloads from data centers …

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Lockheed to Acquire Healthcare IT Provider QTC Holdings; Bob Stevens Comments

Lockheed Martin Corp. (NYSE: LMT) has entered a definitive agreement to acquire healthcare IT firm QTC Holdings Inc. for an undisclosed amount. Calif.-based QTC is the largest outside provider of medical evaluation services to the U.S. government and the U.S. Veterans Affairs Department, processing more than 450, 000 evaluations last year. Lockheed does …

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HP to Acquire Software Firm Autonomy Corp. for $11.7B Cash; CEO Leo Apotheker Comments

Hewlett-Packard Co. (NYSE: HPQ) has placed a recommended cash offer to purchase prominent U.K. software firm Autonomy Corp. for $42.23 per share, or over $11.7 billion. HP’s new HP Vision subsidiary will acquire the enterprise information software management firm. Autonomy founder and CEO Mike Lynch will continue to lead its operations. The boards of both companies …

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General Dynamics to Acquire Vangent Inc. for $960M Cash; CEO Jay Johson Comments

General Dynamics (NYSE: GD) has definitively agreed to acquire the parent company of healthcare IT firm Vangent, Inc. for approximately $960 million in cash. General Dynamics expects the move to increase its earnings in 2012. Arlington, Va.-based Vangent employs 7, 500 workers and specializes in health informatics and information exchange, electronic health …

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Honeywell Has Full Approval to Acquire EMS Technologies, Tender Offer Expires This Week

Honeywell (NYSE: HON) has received all the regulatory approvals required for its Egret Acquisition Corp. subsidiary to acquire EMS Technologies, Inc. (NASDAQ: ELMG) for $33.00 per share in cash. Honeywell received regulatory approval from the Federal Communications Commission on Aug. 15. It previously had received early termination of the waiting period under …

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GTSI Acquires IT Professional Services Firm; Sterling Phillips Comments

  GTSI Corp. (NASDAQ: GTSI) has completed its acquisition of Information Systems Consulting Group,  a privately-held federal IT professional services provider. GTSI said the move would expand its software and database development and maintenance offerings. Fredericksburg, Va.-based InSysCo employs more than 110 workers and was recently awarded a total information processing support …

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Google to Acquire Motorola Mobility for $12.5B Cash

Google Inc. (NASDAQ: GOOG) has definitively agreed to acquire Motorola Mobility Holdings Inc. for about $12.5 billion in cash, or $40 per share. Google will run Motorola Mobility as a separate business. The board of directors of both companies have unanimously approved the move. The transaction still needs approval by Motorola Mobility’s stockholders and …

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Saab Completes Acquisition of U.S. Sensor and Air Traffic Management Firm

Saab AB has finalized its acquisition of Sensis Corp., a radar, sensor and air traffic management firm. Saab paid $150 million in cash for the firm and could pay up to $40 million more in earn-out fees if the firm fulfills certain conditions by 2014 as its Saab Sensis Corporation subsidiary. …

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Sotera to Acquire Software Engineering, Cyber Intelligence Firm; Hillen Comments

  Sotera Defense Solutions has entered a definitive agreement to acquire Software Process Technologies, Inc.,  a software engineering firm that supports cyber intelligence. SPT expects to generate approximately $35 million in 2011 revenue and employs approximately 140 professionals in the Ft. Meade, Md. area. “SPT, with a strong software engineering pedigree and expertise in …

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Boeing Completes Acquisition of Information Services Firm

Boeing Co. (NYSE: BA) has completed its acquisition of Solutions Made Simple Inc., an information services provider for the U.S. government and the intelligence community. SMSi now operates in the information solutions division of Boeing’s network and space systems business. Its products extract, share and query information stored in an unlimited number of …

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