Home / M&A Activity (page 30)

M&A Activity

Ken Asbury: CACI’s Purchase of L-3 Services Arm Seeks Wider Intell, Enterprise IT Presence

Arlington, Virginia-based CACI International (NYSE: CACI) seeks a wider presence in the intelligence community and enterprise information technology markets through its $550 million acquisition of L-3 Communications‘ (NYSE: LLL) government services segment,  CACI CEO Ken Asbury told investors Tuesday. Asbury also said in the call with analysts to discuss the deal that by CACI’s 2017 fiscal year, the …

Read More »

L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

Read More »

Jacobs Eyes Transportation Service Expansion Through JLP Buy; Randy Pierce Comments

Jacobs Engineering Group (NYSE: JEC) has acquired J.L. Patterson & Associates for an undisclosed sum in a move to expand Jacobs’ presence in the North American railroad design, construction and engineering services market. Orange, California-based JLP works with public transportation agencies to help them plan and manage rail infrastructure projects, …

Read More »

John Trezza: UTC Adds to Tactical Imaging Tech Portfolio With N2 Buy

United Technologies Corp. (NYSE: UTX) has purchased infrared imaging technology developer N2 Imaging Systems for an undisclosed sum in a move to complement UTC’s intelligence, surveillance and reconnaissance portfolio. Irvine, California-based N2 will be integrated into the force protection business group of UTC’s aerospace systems segment, UTC said Wednesday. “This acquisition …

Read More »

Bruce Tanner: Lockheed to Extend IT-Govt Services Business Review, Eyes Decision by March 2016

Lockheed Martin (NYSE: LMT) will delay a final decision on a spinoff or sale of a bulk of its information technology and government services businesses until the end of March in order to review offers from potential buyers, the company’s chief financial officer told investors Wednesday. Bruce Tanner told the Credit Suisse Industrials …

Read More »

Reuters: 3 Private Equity Firms Vie for Dell’s Quest Software, SonicWall Assets

KKR & Co. (NYSE: KKR),  Vista Equity Partners Management and Thoma Bravo have submitted bids to acquire $4 billion in Dell assets that offer information technology management and email encryption services, Reuters reported Tuesday. Liana Baker and Greg Roumeliotis write the potential sale of Dell’s Quest Software and SonicWall could help Dell reduce the debt it …

Read More »

Andy Teich: FLIR Systems Eyes Security Tech Portfolio Growth Through $92M DVTEL Buy

FLIR Systems (Nasdaq: FLIR) has bought New Jersey-based video surveillance hardware and software maker DVTEL for about $92 million cash in a push to expand security product offerings. Andy Teich, FLIR president and CEO, said in a statement released Monday the acquisition complements FLIR’s strategy to deliver end-to-end technology platforms in …

Read More »

Paul McQuillan: PlanetRisk, iMapData Merge for Actionable Intelligence Market Push

PlanetRisk and iMapData have merged in a bid to help commercial and government clients make organizational decisions with data analytics technology. The combined entity will operate under the PlanetRisk name and be led by President and CEO Paul McQuillan,  a federal market veteran with more than 25 years of leadership experience, PlanetRisk …

Read More »

GDEF Completes STG Acquisition; Simon Lee to Chair Merged Company’s Board

Acquisition firm Global Defense & National Security Systems (Nasdaq: GDEF) has wrapped up its purchase of information technology services contractor STG for $165.5 million in cash and stock. The deal seeks to integrate STG’s federal government sector clients and cyber and software platforms with GDEF’s network of partners in the national security and defense sectors, STG …

Read More »

Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract, Public Safety Expansion Push

Melville, New York-based Comtech Communications (Nasdaq: CMTL) has agreed to purchase Telecommunication Systems (Nasdaq: TSYS) for approximately $430.8 million cash in a deal aimed to create a company with a balanced footprint in both the U.S. government contracting and public safety markets. Comtech said Monday it expects to close the transaction by the end …

Read More »