Home / M&A Activity (page 32)

M&A Activity

Oasis Buys MAR in Govt Services Market Push; Tom Colatosti Comments

Oasis Systems has bought professional services company MAR for an undisclosed amount as Oasis looks to expand its reach in the federal government and defense markets. Oasis said Tuesday the combined company will operate in 24 locations throughout the U.S. and work to deliver information technology, cybersecurity, systems engineering, marine operations …

Read More »

IAP Buys DRS’ Aviation, Tactical Comms Businesses; Doug Kitani Comments

IAP Worldwide Services has purchased the aviation and logistics,  and tactical communications and network solutions business units of DRS Technologies for an undisclosed sum. IAP said Wednesday it will combine the two acquired segments with its aviation and engineering solutions and national security programs units. Doug Kitani, CEO of IAP Worldwide Services, …

Read More »

CSC Sets Nov. 27 as NA Public Sector Spinoff Date, SRA Deal to Close Nov. 30

Computer Sciences Corp. (NYSE: CSC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has scheduled Nov. 27 as the date it expects to complete the spinoff of the company’s North American public sector business, CSC said Wednesday. The technology services company also has set Nov. 30 for the closure of …

Read More »

IBM Seeks to Expand Hybrid Cloud Services Through Gravitant Acquisition; Martin Jetter, Don Rippert Comment

IBM (NYSE: IBM) has purchased cloud brokerage software developer Gravitant for an undisclosed sum in a push to help clients buy and manage information technology services across public and private cloud environments. IBM said Tuesday it will incorporate Gravitant’s cloud-based software platform into its global technology services unit and integrate the technology offering with IBM’s software-as-a-service applications. …

Read More »

Lockheed Says Sikorsky Buy to Close Friday After China Clears Deal, All Regulatory Approvals Complete

China’s commerce ministry has cleared Lockheed Martin‘s (NYSE: LMT) estimated $9 billion purchase of the helicopter manufacturer Sikorsky Aircraft to mark the final regulatory approval required for the deal. Lockheed announced the review’s completion Tuesday and said it expects the transaction to close Nov. 6. The company needed approval from eight …

Read More »

Preferred Systems Solutions Buys GSM in Intell Market Expansion Push; Fred Funk Comments

Tysons Corner, Virginia-based government services contractor Preferred Systems Solutions has purchased software engineering company GSM Consulting for an undisclosed sum in a move PSS said aims to grow its footprint in the intelligence community. Leesburg-headquartered GSM was founded in 2008 and says its work for government agencies includes application development, analytics, cloud …

Read More »

Jeffrey LeSage: KPMG Buys G2 FinTech’s Tax Mgmt Software Portfolio

KPMG has acquired tax analysis and compliance technology assets and related intellectual property rights from G2 FinTech in a push to help clients in the investment management sector to comply with U.S. tax regulations. The deal gives KPMG access to G2’s flagship platform TaxGopher and a majority of development professionals at …

Read More »

Josh Peirez, Curtis Brown Promoted Dun & Bradstreet; Bob Carrigan Comments

Dun & Bradstreet (NYSE: DNB) has appointed Josh Peirez as president and chief operating officer and Curtis Brown as chief content and technology officer. Peirez, formerly president of marketing and innovation, will be responsible for D&G’s business lines, sales platform, customer services, strategy, and mergers and acquisitions, the company said Monday. …

Read More »

Booz Allen Buys SPARC’s Software Development Services Business; Horacio Rozanski Comments

Booz Allen Hamilton (NYSE: BAH) has bought SPARC‘s software development services unit for an undisclosed amount in a push to help government customers address mission critical system challenges through agile methodology. The transaction is expected to be accretive on earnings and increase annual revenue of Booz Allen by $50 million during its …

Read More »

CRN: Raytheon Cyber JV Inks Deal for McAfee Firewall Businesses

A cybersecurity joint venture majority-owned by Raytheon (NYSE: RTN) has agreed to acquire the McAfee Firewall Enterprise and Next-Generation Firewall businesses from Intel’s (Nasdaq: INTC) security arm, CRN reported Tuesday. Raytheon|Websense CEO John McCormack told employees in a memo obtained by CRN the acquisition seeks to expand the venture’s security talent base and Triton security offering’s …

Read More »