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Tag: M&A Activity

GDEF Completes STG Acquisition; Simon Lee to Chair Merged Company’s BoardM&A Activity

GDEF Completes STG Acquisition; Simon Lee to Chair Merged Company’s Board

Acquisition firm Global Defense & National Security Systems (Nasdaq: GDEF) has wrapped up its purchase of information technology services contractor STG for $165.5 million
Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract,  Public Safety Expansion PushM&A Activity

Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract, Public Safety Expansion Push

Melville, New York-based Comtech Communications (Nasdaq: CMTL) has agreed to purchase Telecommunication Systems (Nasdaq: TSYS) for approximately $430.8 million cash in a
Duane Pinnix: RMF Eyes Govt Building Services Market with CxAnalytics BuyM&A Activity

Duane Pinnix: RMF Eyes Govt Building Services Market with CxAnalytics Buy

RMF Engineering has acquired CxAnalytics for an undisclosed amount as part of efforts to expand building commissioning and condition assessment
ASRC Federal Buys Data Networks Corp; Mark Gray CommentsM&A Activity

ASRC Federal Buys Data Networks Corp; Mark Gray Comments

Beltsville, Maryland-based government contractor ASRC Federal has purchased information technology services provider Data Networks Corp. for an undisclosed sum as part
Justice Dept,  FTC Clear Thoma Bravo’s $4B SolarWinds PurchaseM&A Activity

Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

The Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity
Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market PushM&A Activity

Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies
BAE Says No Sale of US Govt Manpower,  Services BusinessM&A Activity

BAE Says No Sale of US Govt Manpower, Services Business

Britain-based defense contractor BAE Systems PLC announced in a trading update released Thursday morning it will hold onto the manpower and services business unit
Reuters: Veritas Capital Bids to Acquire BAE’s US Staffing,  IT Services BusinessesM&A Activity

Reuters: Veritas Capital Bids to Acquire BAE’s US Staffing, IT Services Businesses

(NOTE: This summary was published prior to BAE Systems PLC’s announcement that it would not undertake the sale described in
Reuters: Verizon Mulls Enterprise IT Portfolio SaleM&A Activity

Reuters: Verizon Mulls Enterprise IT Portfolio Sale

Verizon (NYSE: VZ) is considering a sale of its enterprise-grade technology portfolio in order to concentrate on its consumer market business line, Reuters reported
Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev PurchaseM&A Activity

Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push