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Category: M&A Activity

Veritas Capital Closes $2.1B StandardAero Buy; Ramzi Musallam CommentsM&A Activity

Veritas Capital Closes $2.1B StandardAero Buy; Ramzi Musallam Comments

Dubai Aerospace Enterprise has completed the sale of StandardAero to private equity firm Veritas Capital for $2.1 billion. StandardAero operates 13
Reports: Symantec Talks Potential Veritas Sale to Carlyle Group for $8BM&A Activity

Reports: Symantec Talks Potential Veritas Sale to Carlyle Group for $8B

Symantec (Nasdaq: SYMC) and private equity firm Carlyle Group are discussing the potential $7 billion to $8 billion sale of the former’s Veritas
Teledyne Raises Ocean Aero Stake to 37%; Robert Mehrabian CommentsM&A Activity

Teledyne Raises Ocean Aero Stake to 37%; Robert Mehrabian Comments

Teledyne Technologies (NYSE: TDY) has increased its equity stake in autonomous underwater system developer Ocean Aero to almost 37 percent
dTS Becomes Part of GRM Futures Group; Ed Abel,  Indira Kaur Ahluwalia CommentM&A Activity

dTS Becomes Part of GRM Futures Group; Ed Abel, Indira Kaur Ahluwalia Comment

Development & Training Services will now operate as an affiliate of GRM Futures Group. dTS started its operations Wednesday as part
Centene to Buy Health Net for $6.3B in Cash,  Stock; Michael Neidorff CommentsM&A Activity

Centene to Buy Health Net for $6.3B in Cash, Stock; Michael Neidorff Comments

St. Louis-based health insurer Centene (NYSE: CNC) has agreed to purchase managed healthcare services contractor Health Net (NYSE: HNT) for $6.3 billion
Level 3 Seeks to Build DDoS Mitigation Service With Black Lotus Buy; Chris Richter CommentsM&A Activity

Level 3 Seeks to Build DDoS Mitigation Service With Black Lotus Buy; Chris Richter Comments

Level 3 Communications (NYSE: LVLT) has acquired Distributed Denial of Service mitigation company Black Lotus for an undisclosed amount of cash as part
Elbit Systems Closes Buy of Nice Systems’ Cyber,  Intell DivisionM&A Activity

Elbit Systems Closes Buy of Nice Systems’ Cyber, Intell Division

Elbit Systems (Nasdaq: ESLT) has wrapped up its purchase of Nice Systems’ cyber and intelligence division for an undisclosed amount. Cyberbit
Atos Closes Xerox IT Outsourcing Business BuyM&A Activity

Atos Closes Xerox IT Outsourcing Business Buy

France-based digital services firm Atos has completed its purchase of Xerox‘s (NYSE: XRX) information technology outsourcing services portfolio. Xerox said
Hilton Romanski: Cisco to Buy OpenDNS in Connected-Device Security PushM&A Activity

Hilton Romanski: Cisco to Buy OpenDNS in Connected-Device Security Push

Cisco has agreed to purchase network security firm OpenDNS for $635 million cash in a push to help organizations protect
Reuters: Providence Equity Partners Mulls SRA IPO or SaleM&A Activity

Reuters: Providence Equity Partners Mulls SRA IPO or Sale

Providence Equity Partners is looking to either sell or launch an initial public offering of SRA International, which the investment