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Category: M&A Activity

BAE Systems Closes Fairchild Imaging Purchase

BAE Systems has completed its planned acquisition of Fairchild Imaging, Inc. California-based Fairchild Imaging specializes in solid-state electronic imaging components,

GTEC Completes Tender Offer

GTEC (Nasdaq: GTEC) issued a statement reporting the completion of the tender offer for its common stock by Ares Management

SAIC Sells Oil & Gas IT Services; CEO Havenstein, Group Pres. Craver Comment

SAIC (NYSE: SAI) has a deal in place to sell Wipro (NYSE: WIT) operations focused on “specialized IT services to

Deltek Buys WMG, FedSources for $26 Million; CEOs Kevin Parker and Bill Gormley Comment

Deltek (NASDAQ: PROJ) has reached an agreement to purchase Washington Management Group, including FedSources and FedSources Consulting for $26 million

SRA Sold for $1.88 Billion to Providence Equity Partners

SRA International (NYSE: SRX) has agreed to a definitive merger agreement to be acquired by an affiliate of Providence Equity

Northrop Grumman Finalizes Huntington Spin-off; CEO Wes Bush Remarks

Northrop Grumman (NYSE: NOC) has finalized its planned spin-off of subsidiary Huntington Ingalls Industries, Inc. (NYSE: HII). According to the

Cisco to Boost Cloud Offering with newScale, Inc. Purchase

Cisco (NASDAQ: CSCO) reports that it intends to purchase newScale Inc., a firm focused on “software that delivers a service

SAIC to Sell Portion of Business; CEO Havenstein Promises Aggressive Acquisition Strategy in Future

According to a report in The Washington Post, SAIC (NYSE: SAI) is looking to sell its business focused on IT

Northrop Grumman Approves Spin-off; CEO Wes Bush Comments

Northrop Grumman’s (NYSE: NOC) board of directors has approved the spin-off of its wholly-owned subsidiary, Huntington Ingalls Industries, to Northrop

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