Home / M&A Activity (page 140)

M&A Activity

Intel Acquires Egyptian Firm

Intel has acquired “most of the assets of” Cairo-based SySDSoft, and hired about 100 of the firm’s electrical engineers and computer scientists. According to Cisco, SySDSoft designs IP solutions in the software stack and physical layer domain and RF/analog circuits embedded in mobile platforms. “The acquisition of engineering and design …

Read More »

Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million. The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering. According to Cisco, “Inlet brings to the firm a strong team that …

Read More »

Autodesk Closes Blue Ridge Numerics Purchase

Autodesk (NASDAQ:ADSK) completed its planned acquisition of Blue Ridge Numerics for $39 million in cash, The close of the deal is subject to a working capital adjustment. According to the firm, “the addition of Blue Ridge Numerics’ CFdesign software will enhance the Autodesk solution for Digital Prototyping with powerful thermal …

Read More »

SAIC Subsidiary Teams with Gradient on Energy Project

SAIC (NYSE:SAI) subsidiary Benham Constructors and Gradient, a developer of geothermal energy projects, announced today have executed an engineering, procurement and construction contract for the delivery of a new 60 megawatt modular binary cycle power plant at its Patua project in northern Nevada. According to SAIC, “Gradient’s Patua site, near …

Read More »

GLOBAL Founder Damian Perl Comments on GTEC Sale

GLOBAL, the former owner of and largest shareholder in GTEC (NASDAQ: GTEC), indicated it would use the proceeds from the planned sale of GTEC to pursue other opportunities in the market. Ares and GTEC have a deal in place that would see the investment group acquire the firm for an …

Read More »

GTEC Reaches Sale Agreement with Ares Management Affiliate for $315 Million; CEO John Hillen Comments

GTEC (NASDAQ: GTEC) reached an agreement to be acquired via cash tender offer by an affiliate of Ares Management, in a deal totaling approximately $315 million. “We are extremely excited about what this new relationship will bring to our customers and employees, and the return this represents for our shareholders, …

Read More »

Salient Boosts Capabilities with New Acquisition; CEO Brad Antle Comments

Salient acquired Command Information and its subsidiary AnviCom, an Alexandria, Va.-based IT services and solutions firm. The move extends Salient’s software development capability and cybersecurity offerings and allows access to a prime position on the ENCORE II contract vehicle. “For nearly 20 years Command Information and its wholly-owned subsidiary, AnviCom, …

Read More »

Cisco Closes Pari Networks Acquisition

Cisco (NASDAQ: CSCO) completed its acquisition of Pari Networks, a private firm focused on network configuration and change management. The Calif.-based firm will become part of Cisco’s Technical Services. According to Cisco, “Pari Networks brings to the firm an industry-leading team of engineers that will continue to build out and …

Read More »

Lockheed, Bristow Team to Offer Aussie Helicopter Solutions

Lockheed Martin (NYSE: LMT) will team with Bristow (NYSE: BRS) Helicopters Australia “to offer a complete training solution to the Australian Defence Force for its Project Air 9000 Phase 7 Helicopter Aircrew Training System requirement.” The program will enable a rotary-wing training capability for the aircrews of the Royal Australian …

Read More »

Terremark Settles Verizon Acquisition Suits

Terremark (NASDAQ:TMRK) released the following statement: The firm “has entered into a memorandum of understanding providing for the settlement of all eight putative class action lawsuits that have been brought in Delaware and Florida in connection with the previously announced agreement and plan of merger dated Jan. 27, 2011 among …

Read More »