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Tag Archives: accretive acquisition

Booz Allen Buys SPARC’s Software Development Services Business; Horacio Rozanski Comments

Booz Allen Hamilton (NYSE: BAH) has bought SPARC‘s software development services unit for an undisclosed amount in a push to help government customers address mission critical system challenges through agile methodology. The transaction is expected to be accretive on earnings and increase annual revenue of Booz Allen by $50 million during its …

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L-3 Adds New ISR Tools with ForceX Acquisition; KippsdeSanto’s Karl Schmidt on ISR’s M&A Environment

L-3 Communications (NYSE:LLL) has bought intelligence, surveillance and reconnaissance software and geospatial technology company ForceX for an undisclosed amount as part of efforts to grow L-3’s integrated sensor systems business. L-3 said Tuesday it expects the transaction to immediately help increase its earnings and has renamed the Nashville, Tennessee-based business L-3 ForceX. …

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Arrow Electronics Closes immixGroup Buy

Arrow Electronics (NYSE:ARW) has completed its purchase of immixGroup in a move to grow Arrow’s presence in the government information technology market. McLean, Virginia-based immixGroup works with IT product and service providers, channel partners and value-added resellers to help them deliver offerings to public sector clients, Arrow Electronics said Tuesday. …

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Cerner to Buy Siemens Health Services for $1B; John Glaser, Neal Patterson Comment

Siemens (NYSE: SI) has agreed to sell its health information technology business to Cerner (NASDAQ: CERN) for $1.3 billion cash following approval from the companies’ respective boards. Cerner said Tuesday that it expects the acquisition to add at least 15 cents in 2015 and 25 cents in 2016 to its non-GAAP diluted earnings per share. “The knowledge and strength of …

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