M&A Activity

Randy Phillips, head of corporate development at Leidos (NYSE: LDOS), said the company is looking at several acquisition targets and he believes mergers and acquisitions won’t slow down for GovCon firms, the Washington Business Journal reported Friday. “We’re all still looking for growth. We all want to focus on organic growth,” Phillips said at an event Friday.

Elkridge, Md.-based NewWave Telecom & Technologies has acquired artificial intelligence company iQuartic for an undisclosed sum in a move to expand its offerings with the addition of value-based care platforms with AI capabilities for health care organizations.

FireEye (Nasdaq: FEYE) has acquired McLean, Va.-based cybersecurity instrumentation technology provider Verodin through a cash-and-stock transaction worth approximately $250M. “Verodin gives us the ability to automate security effectiveness testing using the sophisticated attacks we spend hundreds of thousands of hours responding to, and provides a systematic, quantifiable and continuous approach …

CentralSquare Technologies has purchased Tellus Safety Solutions for an undisclosed sum in a push to establish a single virtual network to facilitate communications for first responders and other public safety personnel across North America. CentralSquare said Wednesday it plans to create a common virtual system designed to connect disparate 911 …

Serco Group’s North American subsidiary has agreed to acquire the naval systems business unit of Alion Science and Technology for $225M in a push to expand its footprint in the naval modernization, sustainment and support services market. Serco Inc. said Thursday it expects the transaction to be finalized in the …

Cloud-based talent management software provider Acendre has acquired ICS Learning Group for an undisclosed sum. “Acendre is dedicated to partnering with customers who have complex hiring and development processes that must be automated to compete for talent,” Acendre CEO Mike Giuffrida said in a statement published Monday. Giuffrida noted the transaction …

Hewlett Packard Enterprise (NYSE: HPE) has agreed to acquire Cray (Nasdaq: CRAY) for approximately $1.3B in cash, or $35 per share, in a move to expand high-performance computing technology offerings. HPE said Friday it expects the deal to conclude by the first quarter of its fiscal year 2020 and to …

By Light Professional IT Services has acquired cyber training services contractor Metova Federal for an undisclosed sum. “This acquisition will allow us to expand and diversify our cyber offering to better serve our customers,” Bob Donahue, CEO and founder of By Light, said in a statement published Friday. Cabot, Ark.-based Metova Federal provides …

Holders of nearly 79 percent of shares at Inmarsat approved Friday a $3.4B takeover offer from a consortium of private equity firms and two Canada-based pension funds, Reuters reported Friday. The vote came after the U.K.-based satellite telecommunications firm’s board backed the $7.21 per share cash bid from Apax Partners, Warburg …

LexisNexis Risk Solutions announced on Tuesday that the company is acquiring all Lumen’s assets, an integrated data platform owned by the Numerica Corporation. “Over the last seven years, we have successfully developed and commercialized the Lumen product line,” said Jeff Poore, Numerica Corporation president. “We are excited for our technology …