Tag Archives: M&A Activity

Zachary Bookman: OpenGov Adds Open Data Mgmt Tools With Ontodia Buy

Redwood City, California-based financial intelligence analysis firm OpenGov has bought New York-based open data management company Ontodia for an undisclosed sum in a push to expand offerings for the public sector. Zachary Bookman, OpenGov co-founder and CEO, said Wednesday the companies aim to help transform “how governments analyze, share, compare and allocate public …

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Jacobs Seeks to Expand IT Security Offerings Through Van Dyke Purchase; Darren Kraabel Comments

Jacobs Engineering Group (NYSE: JEC) has purchased Columbia, Maryland-based cybersecurity platforms and services provider Van Dyke Technology Group for an undisclosed sum in an effort to expand its portfolio of information technology security offerings for public and private sectors. Darren Kraabel, senior vice president of aerospace and technology at Jacobs, said …

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Albany International Closes $210M Purchase of Harris Aerostructures Business

Rochester, New Hampshire-based specialty materials processing company Albany International (NYSE: AIN) has wrapped up its acquisition of Harris Corp.‘s (NYSE: HRS) aerostructures business for approximately $210 million in cash and capital lease. Harris said Friday it will use proceeds from the deal originally announced in late February to pay down corporate debt. The …

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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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