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Tag Archives: M&A Activity

Philippe Vallee to Succeed Olivier Piou as Gemalto CEO; Alex Mandl Comments

Philippe Vallee, chief operating officer at Gemalto, will be endorsed by the board of directors to succeed Olivier Piou as the new CEO of the Amsterdam-based digital security firm, effective Sept. 1. Piou will retire on Aug. 31 but will continue to serve on Gemalto’s board as a non-executive director, …

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Arlington Capital Partners Relaunches iRobot Defense Segment as ‘Endeavor Robotics’

Arlington Capital Partners has transformed the former defense and security segment of iRobot (Nasdaq: IRBT) into a new company called Endeavor Robotics following the completion of the unit’s acquisition by the Washington-based investment company. iRobot first announced the $45 million deal early in February and said the sale will enable the Massachusetts-based robot manufacturer to focus its efforts on …

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CenturyLink Eyes IT Security Services Growth Through netAura Purchase; Girish Varma Comments

CenturyLink (NYSE: CTL) has bought Herndon, Virginia-based managed security firm neAura for an undisclosed sum in a push to help organizations to secure their information technology systems. “This acquisition helps us continue to deliver comprehensive security architectures to existing and future customers, ” Girish Varma, president of CenturyLink’s global IT services and …

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NTT Data Inks $3.05B Deal for Dell’s IT Consulting, Services Unit

A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has agreed to purchase the information technology services and consulting business of Dell for $3.05 billion as part of a push to expand further into new geographic markets such as the U.S. The companies did not disclose a timeline for …

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Joe Mertens: Sirius Computer Solutions Targets Federal Network Security Market With Force 3 Buy

Sirius Computer Solutions has agreed to purchase Crofton, Maryland-based security firm Force 3 for an undisclosed sum to expand Sirius’ portfolio of computer networking and security offerings for the federal sector. Joe Mertens, president and CEO of Sirius, said Thursday the companies also seek to access new government technology contract vehicles. “We …

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KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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Former DTRA Chief Ken Myers Joins PAE as National Security Solutions Unit President; John Heller Comments

Ken Myers, former director of the Defense Threat Reduction Agency, has joined Arlington, Va.-based government logistics service contractor PAE as president of the company’s national security solutions business unit. PAE said Monday Myers will oversee the NSS unit that PAE created in 2015 from its January 2015 acquisition of the former USIS global security and solutions business …

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Weekly Roundup Mar. 14 – Mar. 18 2016: Tetra Tech Makes Wave in Water Data Analytics M&A Move & more

Mar. 14 – Mar. 18 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A Vienna, Virginia-based contractor that has been among the most prominent small businesses in federal contracting has started a new path in its two-decade journey from humble beginnings. Indus Corp., …

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Patrice Caine: Thales Closes $424M Buy of Vormetric in Cyber Market Push

Thales Group has closed its acquisition of San Jose, California-based data protection technology vendor Vormetric after the French conglomerate obtained regulatory clearance for the estimated $424 million transaction. Patrice Caine, CEO of Thales, said in a statement issued Thursday the company will integrate Vormetric into its e-Security business in a push to help organizations secure …

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Haskell to Purchase Leidos’ Heavy Construction Business, Design Assets

Jacksonville, Florida-based engineering and infrastructure services company Haskell has agreed to purchase Leidos‘ (NYSE: LDOS) heavy construction business and some design assets of the latter’s engineering business for an undisclosed sum. Haskell said Wednesday the transaction is scheduled to close in the second quarter of 2016 and will rebrand the Leidos Constructors and Leidos Engineering design asset businesses to Benham, the name …

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