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M&A Activity

FTC Clears Engility-TASC Deal, Firms Eye 1Q 2015 for Closure

The Federal Trade Commission has given Engility Holdings (NYSE: EGL) the go-ahead to continue its estimated $1.1 billion all-stock acquisition of TASC. The FTC terminated the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and this move completes one of the conditions for the transaction’s closure, Engility said …

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Lockheed Completes Systems Made Simple Buy

Lockheed Martin has completed its acquisition of health information technology provider Systems Made Simple for an undisclosed amount as part of a strategy to grow government health IT offerings. The acquisition opens for Lockheed business opportunities with an IT modernization contract vehicle Systems Made Simple holds with the Department of Veterans Affairs,  Lockheed said Tuesday. Nearly …

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George Slessman: IO to Separate Cloud, Data Center Businesses as it Seeks ‘Clarity of Purpose’

IO will separate by early next year into two standalone entities — the IO colocation and cloud services firm and a new company named BASELAYER, which would provide modular data center hardware and infrastructure management services. “By separating the two [businesses], we create clarity of purpose to accelerate the growth of …

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KGS Acquires Medical Simulation Tech Maker

Fairfax, Virginia-based technology and professional services contractor KGS has purchased a portion of Employee Leasing Solutions that manufactures medical training simulation products. KGS acquired the TraumaFX product line in an effort to bring “rugged and realistic” medical simulation products to its customers, the company said Wednesday. TraumaFX comprises untethered trauma training manikins with special effects technology …

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Paul Donahue: Private Equity Firm to Acquire G4S Government Solutions

An unnamed private equity firm has agreed to purchase Florida-based security firm G4S Government Solutions for $135 million. G4S GS also changed its name to Centerra Group LLC and the renamed company will offer protection and fire support services in the federal market, Centerra said Tuesday. “The private equity firm plans …

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Craig Cooning: Boeing Considers Cyber Business Divestitures to Focus on Market Niche

Boeing (NYSE: BA) is looking into a potential divestiture or reassignment of some portions of its cybersecurity business as the company aims to focus on other areas in its portfolio, Reuters reported Tuesday. Andrea Shalal reports that Boeing has secured classified cyber contracts with the government but faces a crowded market since …

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ATK, Orbital Delay Expected Merger Closure Date to February

ATK (NYSE: ATK) and Orbital Sciences (NYSE: ORB) have delayed their expected closure date for the spinoff of ATK’s sporting group and the merger between Orbital and ATK’s aerospace and defense groups to February. The companies said Monday they have also rescheduled their stockholder meetings to Jan. 27, 2015 from the previous announced date of Dec. …

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Lee Rivas: LexisNexis to Buy Health Market Science for HIT Market Push

LexisNexis Risk Solutions is acquiring clinical data management firm Health Market Science in a bid to expand LexisNexis’ information technology offerings for the healthcare sector. The companies aim to combine HMS intelligence services with LexisNexis-built analytics tools to help healthcare organizations avoid fraud as well as address compliance and care …

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ORBCOMM, Inmarsat to Share SkyWave M2M Business Under $130M Deal

ORBCOMM (NASDAQ: ORBC) will buy Inmarsat partner SkyWave Mobile Communications under a $130 million transaction as part of ORBCOMM’s efforts to add new operational and manufacturing tools in its machine-to-machine offering, SatNews reported Thursday. The potential acquisition will be in the form of $122.5 million in cash and a $7.5 million promissory note for some of Inmarsat’s shares in …

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Cheryl Cook: CGI-Dell Team to Offer Cloud Products for Public, Private Sectors

CGI Group (NYSE: GIB) and Dell have formed a long-term alliance to jointly develop cloud computing technologies in a push to help government and business customers leverage managed virtual desktop integration, enterprise access management and analytics functions. Cheryl Cook, vice president and general manager of channel and alliances at Dell, …

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