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Tag Archives: M&A Activity

Centene, Health Net Shareholders Approve $6.3B Combination

Shareholders at healthcare services providers Centene (NYSE: CNC) and Health Net (NYSE: HNT) have separately approved the deal originally announced in July for Centene to purchase Health Net for $6.3 billion in cash and stock. Eighty-five percent of all outstanding shares in Centene voted in favor of the transaction and 78 percent of outstanding shares …

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Silver Lake-Thoma Bravo Alliance to Buy SolarWinds for $4.5B Cash

A partnership of private equity firms Silver Lake and Thoma Bravo has agreed to acquire Austin, Texas-based information technology management software company SolarWinds (NYSE: SWI) for an estimated $4.5 billion in cash, or $60.10 per share. SolarWinds said Wednesday Silver Lake and Thoma Bravo expect to close the acquisition in the first quarter of 2016, …

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Thales to Buy Data Security Firm Vormetric for $400M; Patrice Caine Comments

Thales has agreed to purchase San Jose, California-based security firm Vormetric for approximately $400 million as the companies seek to further their enterprise data protection initiatives. The transaction is subject to customary closing terms and is scheduled to close in the first quarter of 2016, Thales said Monday. Patrice Caine, CEO of …

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Red Hat Makes IT Automation Market Push Through Ansible Purchase

Red Hat (NYSE: RHT) has agreed to buy open source information technology automation company Ansible for an undisclosed sum in an effort to help customers manage cloud computing and traditional applications. Red Hat said Friday it expects to wrap up the purchase this month and VentureBeat reports VentureBeat the transaction is worth at least $100 million. …

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L-3 Adds New ISR Tools with ForceX Acquisition; KippsdeSanto’s Karl Schmidt on ISR’s M&A Environment

L-3 Communications (NYSE:LLL) has bought intelligence, surveillance and reconnaissance software and geospatial technology company ForceX for an undisclosed amount as part of efforts to grow L-3’s integrated sensor systems business. L-3 said Tuesday it expects the transaction to immediately help increase its earnings and has renamed the Nashville, Tennessee-based business L-3 ForceX. …

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Dell Signs $67B Cash-Stock Deal to Acquire EMC

Dell has agreed to purchase EMC (NYSE: EMC) through an approximately $67 billion cash-and-stock transaction as both companies seek to create a new enterprise-focused information technology business. Michael Dell said Monday the combined company will pursue growth in the hybrid cloud, mobile,  software-based data center, converged infrastructure, security and digital transformation …

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Stan Deal: Boeing Eyes Pilot Training Portfolio Growth With Buy of Peters Software

Boeing (NYSE: BA) has bought Peters Software for an undisclosed sum to expand Boeing’s commercial airline and private pilot training programs in an effort to help meet a demand for skilled pilots globally. Germany-based Peters Software offers ab-initio instructional flight modules and materials in the European market and has integrated …

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Dave Wajsgras: Raytheon Buys Foreground Security to Grow Cyber Services Portfolio

Raytheon (NYSE: RTN) has bought Foreground Security for an undisclosed sum as part of efforts to expand Raytheon’s footprint in the U.S. and international managed cybersecurity services markets. The Herndon, Virginia-based network defense company has been renamed Raytheon Foreground Security and trained about 85 percent of its 165 employees on …

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Versar Finalizes Johnson Controls Security Systems Buy

Versar (NYSE: VSR) has closed its purchase of the federal security systems integration business of Johnson Controls for $20 million in cash and contingent payments. The companies unveiled the deal last month and Versar said Thursday that Johnson Controls Security Systems changed its name to Versar Security Systems following the …

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Gene Colabatistto: CAE Completes Buy of Bombardier Military Flight Training Business

CAE (NYSE: CAE) has concluded its approximately $15 million purchase of the military aviation training business of Bombardier. The deal makes CAE the NATO Flying Training in Canada program’s new prime contractor and supports the company’s efforts to grow its live military pilot training services portfolio, CAE said Wednesday. Gene …

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