M&A Activity

Scitor to Join SAIC’s New Intell Customer Group Upon Deal’s Closure; Tony Moraco Comments

Systems engineering contractor Scitor will join Science Applications International Corp.‘s (NYSE: SAIC) new intelligence community customer group following SAIC’s completed $790 million cash acquisition of Scitor. SAIC announced the deal’s closure Monday and said Scitor President Timothy Dills will lead the new group, which SAIC estimates to represent 11 percent of its total customer mix. Scitor generated $600 …

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Marlin Closes Fidelis Cyber Business Buy; Peter George Comments

Marlin Equity Partners has wrapped up the acquisition of the Fidelis Cybersecurity Solutions business from General Dynamics‘ (NYSE: GD) for an undisclosed amount. The Los-Angeles based investment firm bought Fidelis with the intent to help that business grow its footprint in the cyber threat defense technology market, Fidelis CEO Peter George said …

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L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis Comments

Slate Capital Group has purchased sports television technology maker Broadcast Sports Inc. from L-3 Communications (NYSE: LLL) for an undisclosed amount. BSI will operate under the name Broadcast Sports International LLC after Slate Capital completes the acquisition and Peter Larsson will continue to lead the business, Slate Capital said Monday. Parker Davis, managing member …

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Tetra Tech Signs Deal to Purchase Cornerstone Environmental Group; Dan Batrack Comments

Tetra Tech Inc. (NASDAQ: TTEK) has agreed to acquire Cornerstone Environmental Group for an undisclosed amount. Middletown, New York-based Cornerstone will join Tetra Tech’s resource management and energy segment upon the transaction’s scheduled closure in May, Tetra Tech said Wednesday. “Utilities are faced with the challenge of responding to new U.S. …

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ManTech Buys Welkin Associates From CSC; George Pedersen Comments

ManTech International (NASDAQ: MANT) has acquired former Computer Sciences Corp. (NYSE: CSC) subsidiary Welkin Associates under a $34 million cash transaction as ManTech eyes engineering opportunities with the defense and intelligence sectors. ManTech said Tuesday Welkin will be part of its mission, cyber and intelligence solutions group under the leadership of Bill Varner. “This …

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Eren Ozmen: Sierra Nevada Targets Unmanned Tech Growth with Kutta Acquisition

Sierra Nevada has acquired Phoenix-based unmanned vehicle command and control systems developer Kutta Technologies for an undisclosed amount. Eren Ozmen, Sierra Nevada president, said Thursday that Kutta holds 15 years market experience and will add a range of technical offerings to Sierra Nevada’s unmanned technology portfolio through the acquisition. Kutta …

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BAE to Examine Potential US IT Services Division Sale

BAE Systems Plc is exploring a potential sale of the British defense contractor’s U.S.-based manpower and services division,  which provides information technology support services to U.S. government agencies. BAE said Friday a group of external advisers will help perform a strategic review of the business as it has “generated external interest and a number of enquiries.” The manpower and services division is …

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KPMG Buys Triad’s ServiceNow Professional Services Practice; Brian Jewett Comments

KPMG has acquired the ServiceNow professional services practice of Reston, Virginia-based cloud service provider Triad Technology Partners to supplement its advisory practice for chief information officers. “This acquisition enables Triad to expand our reach and breadth through KPMG’s extensive investments and global team, ” Brian Jewett, general manager of ServiceNow, said Tuesday. Triad …

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CenturyLink Adds DBaaS Via Cloud With Orchestrate Acquisition; Glen Post Comments

CenturyLink has acquired data services provider Orchestrate as part of efforts to incorporate the latter’s database-as-a-service tools and cloud-based NoSQL offering with the CenturyLink Cloud platform. CenturyLink said Monday the acquisition will also supplement its product development and technology team with Orchestrate’s data services team. “CenturyLink’s customers, like most enterprises, are expressing interest in solutions that …

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Thomas Kennedy: Raytheon, Websense Eye Cyber Tech Integration Through New JV

Raytheon (NYSE: RTN) and Vista Equity Partners have agreed to integrate Raytheon’s cyber products division and Vista’s portfolio company Websense into a new, single cybersecurity technology firm through a transaction the companies expect to finish in the second quarter of 2015. Raytheon said Monday it will also acquire Websense for …

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