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Tag Archives: M&A Activity

Exelis Eyeing Air Traffic Expansion, Buying Australian Software Firm; Michael Wilson Comments

ITT Exelis (NYSE: XLS) has agreed to acquire Melbourne-based communications software provider C4i Pty Ltd. from the Longreach Group Limited for $16.8 million, Exelis announced Monday. Exelis said it expects to close the transaction during first quarter of 2013, pending both Longreach Group shareholder approval and regulatory approvals, and said the …

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GeoEye Shareholders OK DigitalGlobe Merger

Shareholders at GeoEye (NASDAQ: GEOY) voted at a special meeting Monday to approve the company’s $900 million merger with DigitalGlobe (NYSE: DGI). According to GeoEye, 98.3 percent of the shares voting at meeting voted in favor of the merger, representing 77.2 percent of that company’s total outstanding shares of common …

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CACI Completes Emergint Buy; Dan Allen, John Mengucci Comment

CACI International (NYSE: CACI) has completed its acquisition of healthcare information technology firm Emergint Technologies for an undisclosed amount. CACI said it aims for the acquisition to help grow its presence in the healthcare IT market. President and CEO Dan Allen said Emergint brings established relationships with federal health organizations …

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Report: France, Germany Talking New EADS Structure

Officials from France and Germany met with EADS and Daimler representatives in Paris over the weekend to discuss a new shareholder structure for EADS, according to Reuters. Citing German newspaper Allgemeine Zeitung, Reuters reports the discussions focused on setting a limit on state shareholdings in the aerospace and defense giant …

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Ingenicomm Buys Kratos Subsidiary’s Telemetry Processor Line; Amit Puri Comments

Equipment and engineering services firm Ingenicomm has acquired the programmable telemetry processor product line from CVG-Avtec Systems, a subsidiary of Kratos Defense and Security Solutions. Ingenicomm did not disclose terms of the transaction in its release Monday and said the company will continue to support new and existing programs for …

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Report: Software AG Has $1.3B for Potential Big Data, Cloud Acquisition

German business software maker Software AG has the financial flexibility to make any acquisition worth up to $1.3 billion, finance director Arnd Zinnhardt said in a German weekly Saturday. Reuters reports Zinnhardt said the company is well positioned in terms of its operating activities and balance sheet. He added that …

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