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M&A Activity

Motorola Solutions Closes Spillman Technologies Buy; Bruce Brda Comments

Motorola Solutions (NYSE: MSI) has completed its purchase of Spillman Technologies, which will be part of the Illinois-based communications technology provider’s smart public safety solutions business. Bruce Brda, executive vice president of products and services at Motorola Solutions, said Thursday the company made the acquisition with the goal to market …

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BC Partners, Medina Capital Seek to Add Analytics, Machine Learning Tools to Cyber JV Via Brainspace Purchase

Private equity firms Medina Capital and BC Partners have agreed to buy Addison, Texas-based machine learning and analytics firm Brainspace for an undisclosed sum in an effort to establish a global cybersecurity joint venture. BC Partners and Medina Capital expect to complete the transaction in the first quarter of 2017, subject …

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FLIR Systems Closes $259M Point Grey Research Buy in Machine Vision Market Push

FLIR Systems (Nasdaq: FLIR) has completed its purchase of Point Grey Research for $259 million cash in a strategy to expand the former’s footprint in intelligent imaging and machine vision markets. The newly acquired company will operate as Integrated Imaging Solutions business under FLIR’s original equipment manufacturer and emerging markets segment, FLIR Systems …

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Huntington Ingalls CEO: Shipbuilder Gains Prime Contract Opportunities Through Camber Purchase

Huntington Ingalls Industries (NYSE: HII) believes its pending $380 million acquisition of Camber Corp. gives the military shipbuilder increased opportunities through prime contract vehicle positions in government services for work previously only available as a subcontractor, HII CEO Mike Petters told investors Thursday. Camber posted $364 million in revenue and holds prime positions on five government-wide …

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Mercury to Purchase CES for $38M in Defense Tech & C4I Market Strategy

Defense technology manufacturer Mercury Systems (Nasdaq: MRCY) has agreed to purchase Switzerland-based military and aerospace computing company CES Creative Electronic Systems for $38 million to add new avionics and platform management products. Chelmsford, Mass.-based Mercury said Thursday it expects to close the transaction by the end of this year and will fund the deal with cash on …

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NTT Data Completes $3.05B Purchase of Dell Services

A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has wrapped up its acquisition of Dell’s services business for $3.05 billion in a strategy to expand the former’s consulting and information technology services. NTT Data CEO John McCain will oversee the newly acquired firm that will operate as NTT Data Services on …

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Huntington Ingalls to Buy Camber for $380M to Add IT, Govt Services Market Footprints

Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other larger defense prime contractors …

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Altamira Continues Intell & Defense Growth Push With APG Technologies Buy; Ted Davies Comments

Altamira Technologies has bought engineering services contractor APG Technologies for an undisclosed sum as part of efforts to strengthen existing customer relationships and expand geographic reach across the intelligence, defense and aerospace markets. APG works with customer agencies to help them manage complex information systems and use data to make national security decisions,  Altamira said Tuesday. …

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Harris to Sell Maritime Comm Business for $425M, First Divestiture Since Jana Pact

Harris Corp. (NYSE: HRS) has agreed to sell its maritime energy communications business to global satellite services company SpeedCast International for $425 million in the military radio maker’s first divestiture since its August agreement with activist hedge fund Jana Partners. This move is part of Harris’ larger effort to examine non-core businesses and …

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HPE Closes $275M Buy of Silicon Graphics International to Add High-Performance Computing Footprint

Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to add new data analytics technology and pursue HPC market growth. HPE said Tuesday the deal also brings new service offerings in addition to the product line as private and public sector …

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