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Tag Archives: FTC

Cloudera Closes Merger With Hortonworks; Tom Reilly Quoted

Cloudera (NYSE: CLDR) and Hortonworks have completed their merger to offer an enterprise data cloud platform designed to help organizations carry out data analytics and machine learning functions in hybrid and multicloud environments. Cloudera CEO Tom Reilly said in a statement published Thursday the combined entity will deliver a set of platforms to …

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Leidos to Support FTC IT Modernization Under Potential $100M BPA; Angie Heise Quoted

Leidos (NYSE: LDOS) has landed a spot on a potential five-year, $100M blanket purchase agreement to help the Federal Trade Commission update the agency’s information technology systems and services. The company said Tuesday it plans to use agile and user-centric design processes to support FTC IT modernization efforts through the multiple-award IT …

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FTC Clears Cloudera-Hortonworks Merger

The Federal Trade Commission has given Cloudera (NYSE: CLDR) and Hortonworks (Nasdaq: HDP) antitrust approval to proceed with their plan to merge through an all-stock transaction. FTC released a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the companies said in …

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Report: CACI to Buy Former CSRA Systems Engineering Business From General Dynamics

CACI International (NYSE: CACI) has agreed to purchase a General Dynamics (NYSE: GD) business unit for approximately $80 million, the Washington Business Journal reported Tuesday. Sources said the transaction involves CSRA’s former systems engineering and acquisition services unit that performed work for Naval Sea Systems Command and was acquired by General …

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Northrop Closes Orbital ATK Purchase; Blake Larson Named Innovation Systems Sector President

Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as …

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FTC Clears Northrop’s Orbital ATK Purchase

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on “a non-discriminatory basis” and that it expects to close the deal …

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European Commission OKs Northrop’s Orbital ATK Purchase

The European Commission has approved a deal for Northrop Grumman (NYSE: NOC) to acquire Orbital ATK (NYSE: OA) for approximately $9.2 billion. Northrop said Monday it continues to support the Federal Trade Commission in its effort to evaluate the transaction. The European Commission’s decision came nearly a month after Kathy Warden, …

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Kathy Warden: Northrop to Form Innovation Systems Unit After Orbital ATK Purchase

Kathy Warden, president and chief operating officer at Northrop Grumman (NYSE: NOC), has said the company will establish a new business sector once the Falls Church, Virginia-based defense contractor completes the $9.2 billion purchase of Orbital ATK (NYSE: OA), Inside Defense reported Thursday. Warden told analysts Thursday that Blake Larson, COO …

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FTC Clears Merger of DXC’s US Public Sector Business With Vencore, KeyPoint

The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions. FTC issued Friday a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, DXC said Wednesday. DXC originally announced the …

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FTC Seeks Additional Data on Northrop-Orbital ATK Deal

The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Wednesday it received the request as FTC reviews the transaction as part of the regulatory process. The request for additional information came a …

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