Search Results for: CSC

Former CACI Exec Luddeke Joins TASC as Chief Growth Officer

TASC Inc. has hired former CACI (NYSE: CACI) Executive Vice President of Corporate Business Development Dale Luddeke as its chief growth officer, where he will report directly to CEO David Langstaff as a member of the senior management team. Luddeke’s responsibilities will include corporate business development, price-to-win, competitive intelligence, account management, corporate priority wins, capture …

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BAE Systems Wins $7M Navy Contract for Mine and Ambush Support

The U.S. Navy has awarded BAE Systems Land & Armaments, Ground Systems Division, York, Pa., a $7, 121, 373 indefinite-delivery/indefinite-quantity delivery order for mine resistant ambush protected maintenance support. The full contract funds will expire at the end of the current fiscal year. The work orders are under a previously …

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Cisco Caps newScale Acquisition

Cisco (NASDAQ: CSCO) has finalized its sale of newScale Inc., a service catalog and self-service portal software for IT organizations looking for a quick shift to a cloud platform. services within their businesses. According to the firm, “Cisco’s cloud strategy is to harness the network as a platform for building …

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NCI Finalizes AdvanceMed Purchase

NCI (NASDAQ:NCIT) has acquired the outstanding capital stock of CSC’s (NYSE: CSC) AdvanceMed. AdvanceMed supports services focused on the detection and prevention of fraud, waste, and abuse in healthcare programs, providing investigative services to the Centers for Medicare and Medicaid Services. NCI purchased the firm for $62 million.

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Cisco to Boost Cloud Offering with newScale, Inc. Purchase

Cisco (NASDAQ: CSCO) reports that it intends to purchase newScale Inc., a firm focused on “software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses.” The privately-held, California-based newScale helps customers “initiate the provisioning of their own systems …

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Cisco Makes Financial History

The board of directors at Cisco (NASDAQ: CSCO) voted in favor of the initiation of quarterly cash dividends to shareholders, a first in the history of the firm. The first quarterly dividend is listed at 6 cents per common share to be paid on April 20, 2011, to all shareholders …

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Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million. The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering. According to Cisco, “Inlet brings to the firm a strong team that …

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Cisco Prices $4 Billion of Senior Secured Notes

Cisco Systems (NASDAQ: CSCO) released the following financial announcement: The firm “priced three series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on March 16, 2011. “Of these notes, $2 billion will mature in March 2014 and will bear interest …

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Cisco Closes Pari Networks Acquisition

Cisco (NASDAQ: CSCO) completed its acquisition of Pari Networks, a private firm focused on network configuration and change management. The Calif.-based firm will become part of Cisco’s Technical Services. According to Cisco, “Pari Networks brings to the firm an industry-leading team of engineers that will continue to build out and …

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