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M&A Activity

Hilton Romanski: Cisco to Buy OpenDNS in Connected-Device Security Push

Cisco has agreed to purchase network security firm OpenDNS for $635 million cash in a push to help organizations protect their connected devices against sophisticated threats. The companies seek to integrate OpenDNS’ predictive threat intelligence and software-as-a-service cloud security platform with Cisco’s Security Everywhere framework to mitigate the risk of …

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Reuters: Providence Equity Partners Mulls SRA IPO or Sale

Providence Equity Partners is looking to either sell or launch an initial public offering of SRA International, which the investment arm believes has a value of approximately $2 billion, Reuters reported Thursday. Mike Stone and Greg Roumeliotis write the private equity firm has partnered with Citigroup to examine the possibility of …

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Informatica Stockholders OK Acquisition Offer From Permira, CPP Investment Board

Informatica‘s (Nasdaq: INFA) stockholders have voted to accept an offer to acquire the company by Permira and the Canada Pension Plan Investment Board. The data integration software provider said Tuesday the acquisition is scheduled to close within the third quarter of the company’s current fiscal year. Permira and the CPP Investment Board offered to purchase Informatica …

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DigiCert Buys CyberTrust Enterprise Business of Verizon; Mike Denning, Nicholas Hales Comment

DigiCert has acquired Verizon Enterprise’s (NYSE:VZ) CyberTrust Enterprise SSL business for an undisclosed amount. The company will take over Verizon’s trusted roots and intermediate certificates while Verizon will remain as DigiCert’s reseller of SSL certificates, DigiCert said Tuesday. Mike Denning, vice president of global security at Verizon Enterprise Solutions, said …

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QTS Closes $326M Carpathia Acquisition; Chad Williams Comments

QTS Realty Trust (NYSE: QTS) has completed its acquisition of Virginia-based Carpathia Hosting for $326 million in cash and available credit capacity. QTS said Tuesday the companies will work on a near-term and long-term integration plan while currently operating in the existing organizational structure. “Enterprise customers are increasingly looking for scale and flexibility to …

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George Pedersen: ManTech Eyes Cyber, Homeland Security Markets With KCG Acquisition

ManTech International (Nasdaq: MANT) has acquired Reston,  Virginia-based cybersecurity advisory contractor Knowledge Consulting Group for an unspecified amount. ManTech said Tuesday the acquisition will add approximately 200 cybersecurity professionals to the company’s mission, cyber and intelligence solutions group under the leadership of Bill Varner. “[The] acquisition of KCG fits with our strategy of …

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Hugh Evans: Veritas Capital Targets Mass Notification Tech Market with ECN Buy

Veritas Capital has bought mass notification software-as-a-service company Emergency Communications Network from private equity firm The Riverside Co. for an undisclosed sum. Hugh Evans, a managing partner at Veritas, said Friday the private equity investment firm aims to help ECN expand its presence in the government and adjacent markets. ECN …

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Gregory Hayes: UTC to Decide on Sikorsky Spinoff or Sale Move in ‘Coming Weeks’

United Technologies Corp. (NYSE: UTX) will leave the helicopter manufacturing business through a separation of its Sikorsky Aircraft business in a move UTC expects to complete by the end of its third quarter. “Over the coming weeks, we’ll determine whether a spinoff or direct sale is the best way to enhance Sikorsky’s long-term success …

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Acquisition Company GDEF to Buy STG in $165M Cash-Stock Deal

Acquisition company Global Defense & National Security Systems (NASDAQ: GDEF) has agreed to purchase Reston, Va.-based government contractor STG for approximately $165.5 million in cash and stock,  GDEF said Wednesday. GDEF expects to close the $10.55-per-share transaction in the third quarter of the company’s 2015 fiscal year and the deal is subject to the approval of its shareholders. The company’s fiscal …

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Reuters: Textron Interested in Merger With Sikorsky

United Technologies Corp.‘s (NYSE: UTX) Sikorsky Aircraft subsidiary received a merger offer from Textron (NYSE: TXT) earlier this month, Reuters reported Tuesday. Reuters cites unnamed sources that say UTC is in the process of examining whether to spin off Sikorsky or merge the business with Textron through a tax-free transaction. …

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