Home / Tag Archives: M&A Activity (page 12)

Tag Archives: M&A Activity

CenturyLink, Level 3 Get 4 Additional State Clearances for Planned $34B Merger

CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies’ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of Connecticut, Georgia, Indiana, Louisiana, Nevada, Ohio, Texas, Utah and …

Read More »

Buchanan & Edwards Buys Nat’l Security Consulting Firm R2C; Dennis Kelly Comments

Arlington, Virginia-based government technology advisory services company Buchanan & Edwards has bought Fairfax, Virginia-based Reports and Requirements Company in a push to grow analytics offerings for customers in the national security sector. R2C offers consulting services to intelligence community and national security customers in the areas of data governance, data curation, cyber intelligence, collection management and intelligence training, Buchanan …

Read More »

Belcan Agrees to Buy Schafer, Taps Lee Shabe to Lead Newly Formed Govt Services Segment

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said Thursday. Belcan CEO …

Read More »

Michael Strianese: L3 Eyes Tactical UUV Market With OceanServer Buy

L3 Technologies (NYSE: LLL) has bought autonomous unmanned undersea vehicle manufacturer OceanServer Technology for an undisclosed sum, a move that Chairman and CEO Michael Strianese said marks L3’s expansion push into the UUV market. Fall River, Massachusetts-based OceanServer builds lightweight UUVs for military, commercial and international clients, L3 said Tuesday. The business was …

Read More »

KeyW Wraps Up $235M Sotera Purchase

KeyW (Nasdaq: KEYW) has wrapped up its $235 million cash acquisition of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. Hanover, Maryland-based KeyW completed the transaction a month after it agreed to acquire Sotera as part of efforts to advance strategic growth and expand footprint in the intelligence community. Both companies expect the integration …

Read More »

John Heller: PAE Eyes Govt Services Portfolio Expansion Via FCi Federal Purchase

PAE has agreed to buy FCi Federal for an undisclosed sum in a move to expand service offerings for federal government clients. Both companies expect to complete the transaction over the next 45 business days pending regulatory approvals, PAE said Monday. FCi Federal will become a business unit of PAE following …

Read More »

CSC, HPE Services Division Unveil Combined IT Services Firm DXC Technology

Computer Sciences Corp. and Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services division have officially launched DXC Technology (NYSE: DXC) to offer a range of information technology services to public and private sector clients. DXC’s management team rang the opening bell Monday on the New York Stock Exchange to mark the first trading day for the company. CSC …

Read More »

PR Software Firm Cision Buys Bulletin Intelligence to Further Media Cloud Strategy

Public relations software and services provider Cision has purchased Reston, Virginia-based Bulletin Intelligence for an undisclosed sum as part of a strategy to provide custom industry briefings with cloud-based technology. Bulletin Intelligence, an intelligence briefing company that competes with Executive Mosaic‘s ArchIntel product, produces daily news  briefings targeted at government and corporate audiences, Cision said Tuesday. Both companies …

Read More »

CSC Shareholders OK Combination With HPE Enterprise Services Segment

Shareholders at Computer Sciences Corp. (NYSE: CSC) have approved the pending merger of CSC with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment. CSC said Monday holders of approximately 84.92 percent of outstanding shares in the company voted in favor of the transaction. HPE and CSC announced the proposed merger in May 2016 …

Read More »

Deloitte Buys Day1 Solutions in Cloud Service Expansion Push

Deloitte has purchased McLean, Virginia-based cloud consulting firm Day1 Solutions for an undisclosed sum in a move to build up its cloud offerings and capabilities as well as expand its client base in both commercial and public sectors. Luis Benavides, founder and CEO of Day1 Solutions, said in a statement …

Read More »