Tag Archives: intellectual property

Dell Technologies (NYSE: DELL) has announced that it is considering spinning off about 81 percent of its equity ownership interest in VMware (NYSE: VMW) in an effort to create value and simplify capital structures.

Xator, a Reston, Va.-based technology services contractor, has finalized its acquisition of InCadence Strategic Solutions for an undisclosed sum as part of efforts to expand its presence as a provider of national security, intelligence and C4ISR platforms to U.S. government agencies.

Executive Mosaic is honored to present Ellen Lord, undersecretary of defense for acquisition and sustainment, as an inductee into the 2020 edition of the Wash100 Award for ramping up efforts to secure the defense supply chain while also working to accelerate the Pentagon's procurement process. This marks Lord’s fourth Wash100 Award and third consecutive.

The fiscal year 2020 National Defense Authorization Act that President Donald Trump signed into law on Dec. 20 contains three provisions that authorize changes to the defense procurement process and one of those concerns with intellectual property, Federal News Network reported Thursday.

Mark Testoni, CEO of SAP National Security Services and a 2019 Wash100 winner, told Global Defence Technology in an interview that he sees internet and cyber threat as one of the top national security concerns facing companies and countries.

Veritas Capital has generated $6.5B in capital commitments for its seventh fund in support of its strategy to invest in technology-focused companies that deliver products and services to government and commercial clients.

FLIR Systems (Nasdaq: FLIR) has purchased the intellectual property and tethered drone assets of Aria Insights for an undisclosed sum.

Parsons (NYSE: PSN) has agreed to buy radio frequency products developer QRC Technologies from private equity firm DC Capital Partners for approximately $215M in cash in a push to expand its portfolio of products in the RF and signals intelligence sector.

Parsons (NYSE: PSN) reported $904M in revenue for the first quarter of 2019, up 20 percent from the same period last year. The Pasadena, Calif.-based company said Tuesday it posted $1.2B in contract awards during the quarter with a total backlog of $8.6B and a book-to-bill ratio of 1.4x.

Jerry Hogge, former senior vice president of military and veteran health solutions at Leidos (NYSE: LDOS), has been appointed SVP of Mitre's public sector business. He will be responsible for business strategy, international programs, and sponsor engagement with the nonprofit's federally funded research and development centers for civilian agencies, Mitre said Monday.