M&A Activity

General Dynamics to Acquire Norfolk-based Ship Repair Company Metro Machine Corp.

General Dynamics (NYSE: GD) has entered an agreement to acquire Metro Machine Corp.,  a surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Va., for an undisclosed amount of cash. General Dyanmics expects the move to increase its earnings beginning in 2012. Metro will join the shipbuilding and repair …

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CSC Acquires Multinational Software Testing Firm to Boost Application Development

Computer Sciences Corp. (NYSE: CSC) has acquired the world’s largest pure-play software testing and quality management provider, AppsLabs Technologies, for an undisclosed amount. CSC said it expects the move to provide emerging technologies, methodologies and a sales force, which will enhance its application testing capabilities. CSC also said AppLabs complements its …

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GovCon Wire’s August M&A Activity Recap; 7 of 11 Deals are for IT Specialists

Google (NASDAQ: GOOG) and Hewlett-Packard (NYSE: HPQ) may have made the biggest splashes in the acquisition market in August, announcing upcoming $12.5 billion and $11.7 billion cash purchases of Motorola Mobility and Autonomy Corp., respectively. But, government contractors were very active as well, making and announcing a steady clip of purchases and focusing particular …

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ITT Completes Acquisition of Global Water Analytics Firm YSI Inc.

ITT Systems Corp. (NYSE: ITT) has completed its acquisition of YSI Inc., a developer and manufacturer of sensors, instruments, software and data collection platforms for environmental water monitoring. ITT said the move forms a water-focused analytics business approximately $300 million annual revenue. YSI reported 2010 global revenues of $101 million. …

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CACI Completes Acquisition of Enterprise IT Firm Paradigm Solutions; Paul Cofoni Comments

  CACI (NYSE: CACI) has completed its acquisition of Paradigm Holdings, parent of defense and intelligence cybersecurity and enterprise IT firm Paradigm Solutions. CACI expects the $61.5 million deal to increase its earnings per share in the next year. The company expects Paradigm to generate $55 million in 2011 calendar revenues. Paradigm’s …

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CSC Acquires Healthcare IT Firm Specializing in Data Management; Jim Sheaffer Comments

  Computer Sciences Corp. (NYSE: CSC) has acquired healthcare IT business intelligence and data management firm Maricom Systems, Inc for an undisclosed amount. CSC said the move strengthens its support of the U.S. Department of Health and Human Services and enables it to make IT improvements in the Patient Protection and Affordable Care Act. CSC …

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IBM to Acquire Intelligence Analytics Firm to Enhance Defense, Public Safety Offerings

IBM (NYSE: IBM) has entered a definitive agreement to acquire intelligence analytics firm i2 Group. i2 provides intelligence and investigation management software for law enforcement, defense, national security and private sector organisations and has more than 4, 500 customers in 150 countries. IBM said the move will expand its business analytics capabilities …

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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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