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Tag Archives: M&A Activity

CRN: Raytheon Cyber JV Inks Deal for McAfee Firewall Businesses

A cybersecurity joint venture majority-owned by Raytheon (NYSE: RTN) has agreed to acquire the McAfee Firewall Enterprise and Next-Generation Firewall businesses from Intel’s (Nasdaq: INTC) security arm, CRN reported Tuesday. Raytheon|Websense CEO John McCormack told employees in a memo obtained by CRN the acquisition seeks to expand the venture’s security talent base and Triton security offering’s …

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WSJ: IBM Nears Deal to Acquire The Weather Company’s Digital Portfolio

IBM (NYSE: IBM) is close to finalizing an agreement to acquire The Weather Co.‘s digital and data assets from a Bain Capital–Blackstone–NBCUniversal consortium, The Wall Street Journal reported Tuesday. Suzanne Vranica and Robert McMillan write the companies could unveil the transaction as early as Wednesday and WSJ estimates the assets …

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Rob Salvagno: Cisco Seeks Analytics Portfolio Growth Through ParStream Acquisition

Cisco (Nasdaq: CSCO) has agreed to acquire Cologne, Germany-based data analytics technology developer ParStream as the companies aim to help enterprise clients manage data from connected systems. Rob Salvagno, vice president of corporate business development at Cisco, wrote in a blog post published Monday the company expects to complete the …

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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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