Home / M&A Activity (page 50)

M&A Activity

Data Systems Analysts Closes Symbolic Systems Federal IT Services Buy; Fran Pierce Comments

Data Systems Analysts has moved to expand its U.S. Army knowledge management practice with the acquisition of Symbolic Systems‘ federal information technology assets for an undisclosed amount. Robert Wheeler, formerly chief operating officer for Symbolic Systems, joined DSA’s leadership team as a vice president as part of the acquisition, DSA said …

Read More »

Salient, CRGT to Merge in Gov’t IT Modernization & Business Intell Market Push

Government services contractors Salient Federal Solutions and CRGT have agreed to merge under a deal of an undisclosed sum in a push to expand their information technology modernization and business intelligence services to federal and other public sector agencies. The companies said Tuesday they expect to close the transaction early in the fourth quarter …

Read More »

Meggitt Signs $200M Deal to Acquire Cobham’s Advanced Composites Business

Cobham has agreed to sell its advanced composites business to British aerospace equipment manufacturer Meggitt for $200 million cash, MarketWatch reported Monday. Ed Ballard writes the business posted $81.1 million in sales during 2014 and offers exhaust flaps, air-to-air refueling systems and other aircraft structures to U.S. and British customers. …

Read More »

Kent Statler: Rockwell Collins Makes SATCOM Market Push Through ICG Acquisition

Rockwell Collins (NYSE: COL) has bought satellite-based data and voice communications technology firm International Communications Group for $50 million upfront plus up to $14 million in additional consideration. Kent Statler, executive vice president and chief operating officer of Rockwell’s commercial systems business, said Thursday the company plans to add ICG’s SATCOM …

Read More »

Re/code: EMC, VMware Mull Downstream Merger

EMC (NYSE: EMC) is examining the possibility of being acquired by VMware (NYSE: VMW), wherein EMC holds a majority stake, Re/code reported Wednesday. Arik Hesseldahl writes the idea of a downstream merger between the two companies came as EMC reviews strategic options and faces pressure from activist investor Elliott Management. …

Read More »

Silver Lake Invests $1B in Motorola Solutions; Greg Brown Comments

Private equity firm Silver Lake has signed a $1 billion strategic partnership and investment agreement with Motorola Solutions (NYSE: MSI) in a push to accelerate the availability of “smart” public safety communication systems. Greg Brown, CEO of Motorola Solutions, said Wednesday the company seeks to “combine Silver Lake’s expertise in …

Read More »

GovDelivery Buys Textizen for Govt Interactive Mobile Messaging Functions

GovDelivery has completed its acquisition of mobile platform Textizen as part of efforts to provide customized and interactive messaging functions to government agencies for use in citizen engagement efforts. GovDelivery said Tuesday the addition of Textizen’s technology aims to address the demand for interactive communications among its government customers. Scott Burns, CEO and co-founder of …

Read More »

GKN to Acquire Dutch Aircraft Manufacturer Fokker for $780M

GKN has agreed on the estimated $779.6 million acquisition of Arle Capital‘s Fokker Technologies company as part of GKN’s efforts to establish its business as a global supplier to the aerospace sector. GKN said Tuesday its aerospace business will absorb Fokker as an operating unit following the close of the acquisition scheduled …

Read More »

Financial Times: Finmeccanica Halts DRS Sale Plan

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense sector for the rest of this year, Financial Times reported Sunday. Peggy Hollinger writes Finmeccanica also is not searching for a U.S. partner to purchase a stake in DRS but …

Read More »

Veritas Capital to Purchase Alion Science; Bahman Atefi Comments

Private equity investment firm Veritas Capital has agreed to purchase engineering services contractor Alion Science and Technology Corp. for an undisclosed sum. Alion announced the transaction Thursday and said Veritas sought to acquire the McLean, Va.-based contractor for its presence in the defense, federal civilian, commercial, state government and international government markets. …

Read More »