Home / M&A Activity (page 20)

M&A Activity

UTC-Rockwell Collins Deal Gets Final Regulatory Clearance

Chinese regulators have given United Technologies Corp. (NYSE: UTX) the green light to pursue its planned $30B acquisition of Rockwell Collins (NYSE: COL). UTC said Friday the approval marks the final regulatory clearance the company needed to complete its purchase of the Cedar Rapids, Iowa-based avionics contractor. Farmington, Conn.-based conglomerate UTC agreed …

Read More »

Maximus Completes $400M Purchase of General Dynamics’ Citizen Engagement Centers; Bruce Caswell Quoted

Maximus (NYSE: MMS) has concluded its purchase of federal citizen engagement centers from General Dynamics’ (NYSE: GD) information technology business. Maximus said Tuesday it will report the acquired assets under its U.S. federal services segment and expects the transaction to record $600M to $625M in fiscal 2019 revenue. The Reston, Va.-based government services …

Read More »

FTC Clears Cloudera-Hortonworks Merger

The Federal Trade Commission has given Cloudera (NYSE: CLDR) and Hortonworks (Nasdaq: HDP) antitrust approval to proceed with their plan to merge through an all-stock transaction. FTC released a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the companies said in …

Read More »

SAIC, Engility Set Jan. 11 Shareholder Vote on $2.5B Merger Deal

Science Applications International Corp. (NYSE: SAIC) and Engility (NYSE: EGL) will each conduct a shareholder meeting on Jan. 11 to decide on proposals associated with SAIC’s proposed $2.5B purchase of the Chantilly, Va.-based engineering services contractor. Shareholders of record as of Nov. 29 are expected to receive on Dec. 4 the …

Read More »

Granicus Buys SouthTech for Gov’t Records Mgmt Automation Strategy; Mark Hynes Quoted

Granicus has bought California-based government records management contractor SouthTech Systems for an undisclosed sum to add a platform used to automate agencies’ filing processes. SouthTech developed a technology that works to help public sector clerks and recorders manage records such as birth, marriage, land and death certificates, Granicus said Tuesday. Mark Hynes, …

Read More »

Ellen Lord: DoD Continues to Evaluate Proposed L3-Harris Merger

Ellen Lord, undersecretary for acquisition and sustainment at the Defense Department, has said DoD is working with antitrust regulators to find out if the proposed merger of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would have an impact on the “competitive landscape,” Reuters reported Wednesday. “We’re working through the process. We …

Read More »

Novetta Buys Berico in Cloud Engineering Push; Tiffanny Gates Quoted

Novetta has acquired Reston, Va.-based information technology services contractor Berico Technologies for an undisclosed sum in a move to broaden its cloud engineering capabilities and advance growth efforts. Novetta said Monday it completed the purchase on Nov. 7 and Baird acted as Berico’s exclusive financial adviser in the transaction. “We …

Read More »

Calibre Acquires IT Services Provider Spear

Calibre Systems has purchased Herndon, Va.-based information technology services contractor Spear for an undisclosed sum. Joe Martore, Calibre president and CEO, said in a statement released Wednesday the acquisition presents an opportunity for the company to offer a diverse set of IT platforms and certified resources, further support clients and …

Read More »

Parsons Consolidates Federal, Infrastructure Units Into Single Structure; Chuck Harrington Quoted

Parsons has merged into a single structure its infrastructure and federal business units to align the company’s end-to-end platforms with its client set and create joint research-and-development initiatives. Chuck Harrington, Parsons chairman and CEO, said in a statement released Thursday said the company aims to increase organizational agility, collaboration and …

Read More »

ANSER Acquires CBRN Defense Support Provider DXT; Carmen Spencer Quoted

Analytic Services has purchased Domain X Technologies for an undisclosed sum in a push to broaden its footprint in modeling and simulation, software engineering and defense acquisition. “The acquisition of DXT gives us greater depth and breadth of data and information analysis particularly with regard to modeling and simulation as it is …

Read More »