Home / Tag Archives: M&A Activity (page 40)

Tag Archives: M&A Activity

L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

Read More »

Jacobs Eyes Transportation Service Expansion Through JLP Buy; Randy Pierce Comments

Jacobs Engineering Group (NYSE: JEC) has acquired J.L. Patterson & Associates for an undisclosed sum in a move to expand Jacobs’ presence in the North American railroad design, construction and engineering services market. Orange, California-based JLP works with public transportation agencies to help them plan and manage rail infrastructure projects, …

Read More »

John Trezza: UTC Adds to Tactical Imaging Tech Portfolio With N2 Buy

United Technologies Corp. (NYSE: UTX) has purchased infrared imaging technology developer N2 Imaging Systems for an undisclosed sum in a move to complement UTC’s intelligence, surveillance and reconnaissance portfolio. Irvine, California-based N2 will be integrated into the force protection business group of UTC’s aerospace systems segment, UTC said Wednesday. “This acquisition …

Read More »

Reuters: 3 Private Equity Firms Vie for Dell’s Quest Software, SonicWall Assets

KKR & Co. (NYSE: KKR),  Vista Equity Partners Management and Thoma Bravo have submitted bids to acquire $4 billion in Dell assets that offer information technology management and email encryption services, Reuters reported Tuesday. Liana Baker and Greg Roumeliotis write the potential sale of Dell’s Quest Software and SonicWall could help Dell reduce the debt it …

Read More »

Andy Teich: FLIR Systems Eyes Security Tech Portfolio Growth Through $92M DVTEL Buy

FLIR Systems (Nasdaq: FLIR) has bought New Jersey-based video surveillance hardware and software maker DVTEL for about $92 million cash in a push to expand security product offerings. Andy Teich, FLIR president and CEO, said in a statement released Monday the acquisition complements FLIR’s strategy to deliver end-to-end technology platforms in …

Read More »

Paul McQuillan: PlanetRisk, iMapData Merge for Actionable Intelligence Market Push

PlanetRisk and iMapData have merged in a bid to help commercial and government clients make organizational decisions with data analytics technology. The combined entity will operate under the PlanetRisk name and be led by President and CEO Paul McQuillan,  a federal market veteran with more than 25 years of leadership experience, PlanetRisk …

Read More »

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 in cash and stock. The deal seeks to integrate STG’s federal government sector clients and cyber and software platforms with GDEF’s network of partners in the national security and defense sectors, STG …

Read More »

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 deal aimed to create a company with a balanced footprint in both the U.S. government contracting and public safety markets. Comtech said Monday it expects to close the transaction by the end …

Read More »

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 service offerings in the government market. “CxAnalytics’ clients, projects and services made the acquisition a natural fit for RMF, ” Duane Pinnix, RMF Engineering president and CEO, said Thursday. The …

Read More »

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 of a federal IT market growth push. ASRC Federal’s parent company Arctic Slope Regional Corp. announced the transaction Monday and said DNC will operate as a subsidiary within ASRC Federal. …

Read More »