Tag Archives: M&A Activity

Belcan Buys Federal IT Services Contractor Telesis; Lance Kwasniewski Quoted

Lance Kwasniewski CEO Belcan

Belcan, a portfolio company of private equity firm AE Industrial Partners, has acquired federal information technology services provider Telesis for an undisclosed sum. "The acquisition of Telesis is transformational for Belcan's Government IT Solutions business, immediately adding complementary capabilities and greater scale," said Belcan CEO Lance Kwasniewski.

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Advanced Micro Devices to Buy Xilinx in $35B All-Stock Deal

AMD

Advanced Micro Devices (Nasdaq: AMD) has agreed to acquire Xilinx (Nasdaq: XLNX) in an all-stock deal worth approximately $35B as part of AMD’s efforts to expand its data center business and portfolio of technology products. The boards of directors of the two companies unanimously cleared the transaction, which is expected to be completed by the end of calendar year 2021.

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E3/Sentinel Rebrands as Avantus Federal; Andy Maner Quoted

Avantus Federal

E3/Sentinel has launched a new logo and changed its name to Avantus Federal to strengthen its position as a service-driven, mission-focused company delivering innovative platforms to customers in the federal services market. “This is a significant milestone for our organization and highlights our capabilities, our growth and our commitment to both our clients and our employees,” said Avantus Federal CEO Andy Maner.

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