NVIDIA (Nasdaq: NVDA) agreed to acquire Mellanox Technologies (MLNX) for approximately $6.9B in a push to expand its footprint in the high-performance computing market. NVIDIA said Monday it will pay $125 in cash for each share of Mellanox through a deal, which is expected to close by the end of …
Read More »
Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …
Read More »
The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. …
Read More »
Tom Reilly, CEO of Cloudera (NYSE: CLDR), told CNBC in an interview that aired Friday the proposed merger of the Palo Alto, Calif.-based software firm with Hortonworks (Nasdaq: HDP) will create a new company that will deliver software across all major cloud service providers. “We work on Amazon, Microsoft, Google, the IBM Cloud, …
Read More »
Jacobs Engineering Group (NYSE: JEC) has agreed to buy CH2M through an estimated $3.27 billion transaction as both companies aim to deliver additional infrastructure and engineering services to government and private sector clients. Dallas, Texas-based Jacobs said Wednesday it will pay $2.85 billion in cash and stock for CH2M and assume …
Read More »
Private equity firms Medina Capital and BC Partners have agreed to buy Addison, Texas-based machine learning and analytics firm Brainspace for an undisclosed sum in an effort to establish a global cybersecurity joint venture. BC Partners and Medina Capital expect to complete the transaction in the first quarter of 2017, subject …
Read More »
Kathryn Ruemmler will rejoin Latham & Watkins LLP in June after serving in the Justice Department and as White House presidential counsel for five and a half years. She will return to the firm as a partner with the litigation department based in Washington, Latham said Tuesday. Prior to rejoining Latham, …
Read More »
GovCon Wire Your Direct Source for Government Contracting News
