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M&A Activity

TCS Buys Navigation Firm Loctronix; Sameer Vuyyuru, Jay Whitehurst Comment

Telecommunication Systems (Nasdaq: TSYS) has acquired inertial-navigation provider Loctronix for an undisclosed amount in an effort to help first responders locate distressed individuals and public safety personnel, Urgent Communications reported Friday. Sameer Vuyyuru, group vice president and general manager for the TCS location business unit, said the company intends for the acquisition …

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OptumRx, Catamaran Complete Merger; Mark Thierer Comments

Optum has closed the merger of its pharmacy care services business OptumRx with Catamaran Corp. as part of efforts to expand the delivery of personalized pharmacy care to at least 65 million patients. Optum said Thursday it acquired all shares of Catamaran at $61.50 per share in a cash transaction. The combined companies will operate …

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Derek Schoettle: IBM Eyes Cloud Data Service Expansion Through Compose Purchase

IBM (NYSE: IBM) has acquired database-as-a-service company Compose for an undisclosed amount to help further the development of cloud-based mobile and web applications. “Compose’s breadth of database offerings will expand IBM’s Bluemix platform for the many app developers seeking production-ready databases built on open source, ” Derek Schoettle, general manager …

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Alion Science in Acquisition Talks with Veritas Capital

Veritas Capital plans to acquire Alion Science and Technology Corp. (NYSE: ALON) for approximately $300 million in equity, Dow Jones reported Wednesday. Hillary Canada writes Alion Science dismissed plans for an initial public offering in favor of the acquisition deal. Alion Science filed for an IPO in late April, according …

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BlackBerry to Acquire AtHoc by Q3 FY 2016; John Chen Comments

BlackBerry (Nasdaq: BBRY) is in the process of acquiring networked crisis communications provider AtHoc as part of efforts to expand the latter’s business globally and deliver integrated applications for mass communications. BlackBerry said Wednesday the combination of its enterprise portfolio and global network with AtHoc’s software platform will work to support secure,  mission-critical …

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Eileen Drake: Aerojet Rocketdyne Sells Energy Portfolio to Gas Technology Institute

The Gas Technology Institute has bought the energy assets of Aerojet Rocketdyne (NYSE: AJRD) with the intent to accelerate the development of energy efficiency products for government and commercial sectors. Eileen Drake, Aerojet Rocketdyne president and CEO, said Monday the company decided to divest its energy business to focus on the …

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Lockheed to Explore IT Business Separation, Inks $9B Deal for Helicopter Maker Sikorsky

Lockheed Martin (NYSE: LMT) will examine a potential separation of its government information technology and technical services business components and has agreed to purchase helicopter manufacturing business Sikorsky Aircraft from United Technologies Corp. for approximately $9 billion. Lockheed announced both moves Monday and said its IT business segment review will look at whether to spin off or …

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Neal Creighton: CounterTack Buys ManTech Commercial Cyber Division in Endpoint Security Push

CounterTack moved to grow its endpoint threat detection and response technology offerings with the acquisition of ManTech International‘s (Nasdaq: MANT) commercial sector-focused cybersecurity software division — ManTech Cyber Solutions International. ManTech will own an equity stake in CounterTack and be the endpoint security company’s global distribution partner as part of the …

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Larry Hill: Radiant Group Adds Data Analytics Tool With HumanGeo Buy

The Radiant Group has bought data analytics and open-source software development company HumanGeo through a cash-and-stock transaction. Terms were not disclosed and Radiant Group CEO Larry Hill said Monday the company wants to use HumanGeo’s data analytics technology to help government organizations in their mission areas. Al Di Leonardo will …

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Emerging Markets Communications Buys MTN; Abel Avellan Comments

Emerging Markets Communications has purchased Maritime Telecommunications Network for an undisclosed amount as part of a push to expand broadband connections in remote locations. EMC said Monday the combined company will work to provide terrestrial broadband and hybrid satellite communications services for land-based sites, maritime vessels and aircraft. “We are excited to add …

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