Home / Tag Archives: acquisition news

Tag Archives: acquisition news

DigitalGlobe Turns Down GeoEye $792M Takeover Bid; Jeffrey Tarr Comments

DigitalGlobe Inc. (NYSE: DGI) has turned down GeoEye Inc.’s (NASDAQ: GEOY) acquisition offer of approximately $792 million in cash and stock, or $17 per share. In a Sunday announcement, DigitalGlobe, a producer of earth imagery, said its board of directors felt GeoEye undervalued DigitalGlobe and its financial and operating performance. DigitalGlobe …

Read More »

ICF to Acquire Web Development Firm Ironworks for $100M Cash

ICF International (NASDAQ: ICFI) has signed a definitive agreement to purchase interactive web development firm Ironworks Consulting LLC for $100 million cash, ICF announced Monday. ICF said it expects the deal to increase its earnings per share in 2012 and include a tax benefit that carries a net present value of approximately …

Read More »

Parsons Completes SPARTA Purchase from Cobham for $350M

Parsons Corp. has completed its acquisition of Cobham plc.’s analytic solutions practice, known as SPARTA Inc.,  in a $350 million transaction. Parsons announced it will integrate SPARTA into its government services business unit, which provides technical services to the U.S. public sector. SPARTA helps deign, develop and sustain weapons systems …

Read More »

Salient COO Bill Parker Comments on Electronic Security Systems Purchase

Salient Federal Solutions has become the prime holder of the Integrated Electronic Security Systems contracts following its acquisition this week of the Electronic Security Systems division of Dataline, a Washington D.C.-based technology provider to the U.S. Department of Defense. Salient adds access control, alarm monitoring, intrusion detection, video surveillance, asset …

Read More »

Harris Acquisition of CapRock a Done Deal

Harris (NYSE:HRS) has finalized its planned acquisition of CapRock Communications. According to Harris, “privately held CapRock was purchased for $525 million in cash, subject to post-closing adjustments. Private equity firm ABRY Partners was the majority owner of CapRock.  The firm’s CEO Peter Shaper will serve as president of the business, …

Read More »