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Tag Archives: Acquisition

Cobham Completes $1B Aeroflex Buy; Bob Murphy Comments

Cobham plc has finalized its approximately $1.46 billion acquisition of Aeroflex (NYSE: ARX) after shareholders and regulatory bodies approved the transaction. Following the completed transaction, the Aeroflex business will be consolidated with the British defense contractor’s advanced electronic solutions division and communications and connectivity business group. Cobham said Monday it expects the acquisition to boost the company’s current …

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Steve Ikirt: Triple-i Purchases IT Firm Global Net Services

Information Innovation Inc. has moved to bolster its government-focused information technology services portfolio by acquiring IT firm Global Net Services. The companies aim to develop a suite of software and systems development, cloud computing, business intelligence and geospatial technology offerings for federal customers, Triple-i said Sept. 4. “Bringing together Triple-i …

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Oracle Closes Buy of MICROS Systems; Mike Webster Comments

Oracle Corp. (NYSE: ORCL) has established a new hospitality global business unit after the company completed the acquisition of MICROS Systems (NASDAQ: MCRS) for an undisclosed amount. Mike Webster, senior vice president and general manager of Oracle retail and hospitality sector, will lead the newly formed business unit, the company said Monday. “Together, Oracle …

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Cryptzone Buys HiSoftware, Kurt Mueffelmann to Lead Combined Firm

Cryptzone has bought compliance and security provider HiSoftware Inc. for an undisclosed amount in a move to grow security offerings for data stored in cloud computing platforms, mobile devices and data centers. Kurt Mueffelmann,  HiSoftware’s CEO, will serve as chief executive at the combined company,   Cryptzone said Friday. “Through this acquisition, we believe …

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Robert Mehrabian: Teledyne Adds Acoustic Tools Through $171M Purchase of Bolt Technology

Teledyne Technologies (NYSE: TDY) has agreed to acquire Bolt Technology Corp. (NASDAQ: BOLT) for nearly $171 million in a move that Teledyne Chairman and CEO Robert Mehrabian says is intended to expand his company’s marine instrumentation portfolio. Mehrabian said Wednesday that Bolt’s SeaBotix business will become a part of Teledyne’s marine systems business. “Bolt’s geophysical acoustic sources …

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Thomas Lewis: Louis Berger Acquires Leidos’ Water, Waste Resources Practice

Louis Berger has bought the water and waste resource division of Leidos (NYSE: LDOS) for an undisclosed amount in a move aimed at expanding Louis Berger’s water practice. Thomas Lewis, group president at Louis Berger, said Tuesday the company also intends to further grow its market presence through the sale. …

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Robert Mehrabian: Teledyne Buys Atlas Hydrographic to Grow Marine Acoustics Portfolio

Teledyne Technologies (NYSE: TDY) has moved to grow its marine acoustic imaging business by purchasing Atlas Hydrographic, a developer of sonar technology for mid and deep water environments. Robert Mehrabian, Teledyne president and CEO, said Monday the company adds multi-beam transmitters for marine science and ocean surveying applications to its …

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Preferred Systems Solutions Buys Global Services & Solutions, Names Jim Ballard Federal Services President

Preferred Systems Solutions has acquired Global Services & Solutions Inc. for an undisclosed amount in a move to pursue business opportunities within the Defense Department. PSS also appointed Jim Ballard, formerly president of GSS, as president of its federal services group, the company said Thursday. “The acquisition of GSS strengthens …

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Bill Madison: LexisNexis Adds to Online Reporting Portfolio With Coplogic Acquisition

LexisNexis Risk Solutions has bought citizen online reporting software firm Coplogic for an undisclosed sum in a move to integrate Coplogic’s technology into the eCrash traffic accident data management. Bill Madison, LexisNexis chief executive for insurance, said Tuesday the company aims to offer a single electronic crash and police reports platform through …

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Gemalto Inks $890M Cash Deal to Buy SafeNet

Online security firm Gemalto has agreed to acquire enterprise data protection technology provider SafeNet from Vector Capital for $890 million in cash. Gemalto expects the SafeNet purchase to close in the fourth quarter of this year and will finance the deal with cash on hand and money under existing credit …

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