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Tag Archives: Acquisition

AECOM Buys Hunt Construction Group; Michael Burke, Daniel McQuade Comment

AECOM Technology Corp. (NYSE:ACM) has moved to grow its construction services business with the acquisition of Hunt Construction Group for an undisclosed amount. Daniel McQuade, AECOM’s chief executive for construction services, said Tuesday the company that will integrate Hunt Construction’s sports, healthcare and aviation portfolios into AECOM’s construction services for …

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Peter LaMontagne: Novetta Eyes Analytics Footprint Growth Through Global News Intelligence Buy

Novetta Solutions has acquired Global News Intelligence, a sentiment analysis technology provider to government and commercial organizations, for an undisclosed amount. “GNI is an excellent technology partner for Novetta and will allow us to expand our presence in the sentiment analytics and open source intelligence markets, ” Novetta CEO Peter …

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Jeff Storey: Level 3 Reorganizes Leadership Team Following TW Telecom Buy

Level 3 Communications (NYSE: LVLT) will expand its senior management team upon the closing of its acquisition deal with tw telecom. Jeff Storey, Level 3 president and CEO, said Tuesday the expanded leadership team will be made-up of executives who will aim to help the combined business grow in the enterprise …

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Report: RSA Eyes Identity Mgmt Growth in Symplified Asset Buy

EMC security division RSA has acquired the technology assets of cloud identity company Symplified through a fire sale that concluded in June, CRN reported Tuesday. Robert Westervelt writes RSA will incorporate the portfolio as it seeks to build its presence in the identity management space. EMC previously added single sign-on and automatic provisioning …

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Daniel Friedmann: MDA Adds to Radar Info Processing Portfolio Through Acquisition

MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) has agreed to buy an unidentified information sensors business for an undisclosed amount in a move to pursue opportunities in the U.S. surveillance market. British Columbia-based MDA plans to integrate that business into its Gaithersburg, Maryland-based Information Systems LLC subsidiary and expects to close the …

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Lockheed Buys Thin Film Coating Maker Deposition Sciences

Lockheed Martin (NYSE: LMT) has purchased Deposition Sciences, a subsidiary of Advanced Lighting Technologies that manufactures optical thin film coatings for the defense and commercial industries. Investment banking firm Headwaters MB said Monday that it advised ADLT through the process and secured Lockheed as a buyer. Lockheed plans to integrate DSI into the aeronautics business. The parties did not …

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Cisco Wraps Up $175M Purchase of Networking Tech Firm Tail-f Systems

Cisco (NASDAQ: CSCO) has finalized its acquisition of physical and virtual network systems provider Tail-f Systems for $175 million cash plus employee retention incentives. Tail-f staff members will join Cisco’s cloud and virtualization business and will be led by group vice president and general manager Gee Rittenhouse, Cisco said Wednesday. …

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IBM Sells Database Mgmt System to UNICOM; Corry Hong Comments

IBM Corp. (NYSE: IBM) has sold its relational database management system to UNICOM Systems for an undisclosed amount. UNICOM bought the solidDB in-memory system and its Universal Cache feature, UNICOM said Tuesday. The company intends for the acquisition to grow UNICOM’s strategic information technology offerings for customers and partners. “We appreciate …

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Robert Norfleet: Federal Network Systems Becomes Part of Jacobs Engineering

Jacobs Engineering Group (NYSE: JEC) has concluded its acquisition of Verizon’s (NYSE: VZ) Federal Network Systems for undisclosed terms. Robert Norfleet, Jacobs group vice president, said Tuesday the company intends to grow its presence in the intelligence community industry by expanding its existing service offerings through the acquisition. Ashburn, Virginia-based Federal Network …

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Hilton Romanski: Cisco Acquires Assemblage

Cisco (NASDAQ: CSCO) has moved to expand its presence in the mobility and cloud computing markets by acquiring collaboration tools provider Assemblage for an undisclosed amount. Hilton Romanski, senior vice president for business development at Cisco, said Friday that Assemblage’s team of web development engineers will join Cisco’s collaboration technology group. Romanski wrote …

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