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Francisco Partners is reportedly selling a majority stake in Forcepoint’s government-focused cybersecurity unit to fellow private equity firm TPG (Nasdaq: TPG) for approximately $2.45 billion, The Wall Street Journal reported Sunday. The price of the deal between the two technology investment companies is more than double the amount Francisco ...

General Dynamics’ (NYSE: GD) information technology business has unveiled a technology strategy to advance investments in the areas of zero trust, multicloud management, 5G, mission artificial intelligence and machine learning, software factory and automation for IT operations. GDIT said Wednesday it is leveraging those six digital accelerator are...

Raul Sagun, vice president of business development at DCS Corp. since 2016, has been promoted to chief growth officer. He will be responsible for driving DCS’ corporate growth strategy and centralizing its mergers and acquisitions process, the employee-owned professional services company said Thursday. Sagun previously served as director ...

A Dell Technologies (NYSE: DELL) subsidiary has received a one-year, $90.2 million contract modification to provide virtualization support for U.S. Army infrastructure network environments that run VMware software applications. The work is expected to be carried out by Jan. 22, 2024, in Rock Round, Texas, the Department of Defense said Friday. Dell ...

Semiconductor company Broadcom (Nasdaq: AVGO) has agreed to acquire multicloud services provider VMware (NYSE: VMW) in a cash-and-stock transaction valued at approximately $61 billion as part of Broadcom’s strategy to establish a leading infrastructure technology company. The boards of directors of both companies unanimously approved the deal that...

Semiconductor company Broadcom (Nasdaq: AVGO) is in discussions to acquire VMware (NYSE: VMW) through a cash-and-stock transaction, The Wall Street Journal reported Sunday. News of a potential deal comes as Broadcom, which has a market value of $222 billion, seeks to expand its footprint in the corporate software market. In July 2021, reports emerge...

Ryan Hinkle, a government technology market veteran, has been named director of federal sales at Hitachi Vantara’s wholly owned subsidiary located in Reston, Virginia. He will responsible for developing and strengthening Hitachi Vantara Federal‘s business relationships across the public sector, the company said Tuesday. In his new capaci...

Executive Mosaic has introduced Jim Kelly, senior vice president and general manager of Dell Technologies‘ federal business, as the newest inductee into the Wash100 in recognition of his commitment to supporting federal customers who look to the company for its technology and expertise to carry out mission-critical work. This marks his first s...