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Tag Archives: Acquisition

Engility Finalizes Cash Tender Offer for DRC; Jim Regan Comments

Engility Holdings (NYSE: EGL) has completed a cash tender offer to acquire Dynamics Research Corp. (NASDAQ: DRCO) for $11.50 each. Eighty-six percent of DRC’s common stock or 9, 025, 528 shares have been tendered in the tender offer that expired Tuesday midnight, New York City time, Engility said Wednesday. Jim Regan, DRC’s …

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MacAulay-Brown Buys National Security Provider Commonwealth Technology

MacAulay-Brown Inc. has bought Commonwealth Technology Inc., a provider of national security products and engineering services. Commonwealth Technology will operate within MacB’s national security business unit that is led by Mark Chadason, group senior vice president and general manager, MacB said Monday. Chadason said MacB intends for the acquisition to build …

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Astronics to Buy EADS NA’s Test, Services Business for $53M; Peter Gundermann Comments

Astronics Corp. (NASDAQ: ATRO) has agreed to buy Airbus Group Inc.’s (formerly EADS North America) test and services business for nearly $53 million in cash. EADS T&S will operate within Astronics’ test systems segment after the transaction is completed in February, which is subject to regulatory approval and other closing conditions, Astronics …

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Report: Google Buys Artificial Intell Firm DeepMind for $400M

Google Inc. (NASDAQ: GOOG) has acquired artificial intelligence company DeepMind for $400 million in an effort to grow its machine learning technology, CNET reported Sunday. Steven Musil writes DeepMind develops algorithms for various applications such as simulations, e-commerce and games by gathering techniques from machine learning systems. Google CEO Larry …

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Qualcomm Buys Several Thousand Granted and Pending Patents from HP

Qualcomm (NASDAQ: QCOM) has purchased 1, 400 granted patents and pending patent applications in the U.S. from Hewlett-Packard for an undisclosed amount. The purchase also includes 1, 000 granted patents and pending patent applications from other countries and covers technologies such as the Palm, IPAQ and Bitfone mobile operating systems, Qualcomm said Thursday. Qualcomm …

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Battelle Buys Healthcare Accreditation Colloquium; Robert Wilkins Comments

Battelle has acquired hospital membership organization Healthcare Accreditation Colloquium for an undisclosed amount in an effort to help hospitals implement safe medical care procedures. Robert Wilkins will serve as CEO of Colloquium, while the organization will operate as a subsidiary and be renamed The Healthcare Colloquium, Battelle said Monday. Colloquium’s healthcare …

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SAE Buys ARINC’s Industry Activities Assets; David Schutt Comments

SAE International has acquired the assets of ARINC’s industry activities division for an undisclosed sum as SAE seeks to help fulfill aerospace industry demands through technical standards. The division will operate within the SAE Industry Technologies Consortia and focus on developing industry infrastructures for the technology, market and industry member groups, …

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NCR Acquires Digital Insight for $1.65B; Bill Nuti Comments

NCR Corp. (NYSE: NCR) has acquired online and mobile banking service provider Digital Insight Corp. from Thoma Bravo LLC for $1.65 billion. RBC Capital Markets LLC, J.P. Morgan and BofA Merrill Lynch served as lead financial advisors to NCR and Womble Carlyle Sandridge & Rice LLP provided legal services to …

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Jacobs Engineering Acquires Wireless Comms Provider FMHC; Kevin McMahon, John Cankar Comment

Jacobs Engineering Group Inc. (NYSE: JEC) has bought the assets of FMHC Corp., a provider of wireless communications services. Chicago, Ill.-based FMHC works to design and build sites and deploy networks for wireless telecommunications customers, Jacobs Engineering said Tuesday. Kevin McMahon, a Jacobs group vice president, said the acquisition is …

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Jacobs Awarded $135M for Army Logistics, Procurement Services

Jacobs Engineering Group (NYSE: JEC) has received a potential three-year $135 million task order covering transportation and acquisition services for the Army‘s global contingency efforts. The company will also perform analysis, planning and life cycle management support services under the contract, Jacobs said Tuesday. Work will occur at the Rock …

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