Home / Tag Archives: M&A Activity (page 70)

Tag Archives: M&A Activity

VMware Buys Virtualization Provider Desktone; Sanjay Poonen Comments

VMware (NYSE: VMW) has purchased desktop virtualization platform provider Desktone for an undisclosed amount and expects to close the deal in the fourth quarter of VMware’s 2014 fiscal year. VMware also aims to grow its desktop-as-a-service offerings through the acquisition, the company said Thursday. “By bringing Desktone’s innovative platform in house, VMware …

Read More »

CACI to Buy Six3 Systems for $820M in Cyber, C4ISR Push; Jack London, Ken Asbury Comment

CACI International (NYSE: CACI) has agreed to acquire McLean, Va.-based national security contractor Six3 Systems from private equity firm GTCR for $820 million in a move to grow CACI’s footprints in the cybersecurity, intelligence and C4ISR markets. The transaction is subject to regulatory approvals and is scheduled to close during …

Read More »

Gary Bloom: MarkLogic Eyes M&A Deals, Public Listing

Database software maker MarkLogic could evaluate potential acquisitions between the next six and 12 months and also consider a merger with a larger publicly-traded company, according to a report from Oracle World. MarkLogic CEO Gary Bloom told Oracle World that either Oracle (NASDAQ: ORCL) or IBM (NYSE: IBM) could position themselves to acquire …

Read More »

Curtiss-Wright Buys C4ISR Tech Maker Parvus for $38M Cash; David Adams Comments

Curtiss-Wright (NYSE:CW) has purchased Eurotech subsidiary Parvus, a factor computers and communications subsystems manufacturer, for $38 million cash. Salt Lake City, Utah-based Parvus builds small-form factor rugged computing and networking subsystems used in C4ISR operations (command, control, communications, computers, intelligence, surveillance, and reconnaissance), Curtiss-Wright said Tuesday. Parvus expects to generate $23 million …

Read More »

Rockwell Collins to Sell Kaiser Optical Systems Subsidiary; Kelly Ortberg Comments

Rockwell Collins (NYSE: COL) will sell its Kaiser Optical Systems subsidiary, a holographic and spectrographic instrumentation maker,  to Endress+Hauser for an undisclosed amount. The acquisition is expected to close in early fiscal 2014 and the subsidiary represents represent less than one percent of Rockwell Collins’ total revenue, Rockwell Collins announced Aug. 30. “This divestiture …

Read More »

GE Closes $4.3B Buy of Avio Aviation Business; David Joyce Comments

General Electric (NYSE: GE) has completed its $4.3 billion acquisition of the aviation business from Italy-based aerospace technology maker Avio S.p.A. GE has integrated the business into its GE Aviation Subsidiary and the business now operates under the name Avio Aero, GE said Aug. 1. David Joyce, president and CEO …

Read More »

Michael Dell, Silver Lake Raise Buyout Offer; Shareholder Vote Scheduled Aug 2

Michael Dell and investment firm Silver Lake Management have increased the value of their proposal to acquire Dell (NASDAQ: DELL) by 10 cents per share to $13.75 per share, or $24.6 billion, Bloomberg reported Wednesday. Callie Bost and Aaron Ricadela write the new offer represents a 26 percent premium over …

Read More »

General Dynamics Combines 2 Combat Systems Business Units

General Dynamics (NYSE: GD) will consolidate its armament and technical products business into the ordnance and tactical systems business within the combat systems group. Michael Wilson, president of ordnance and tactical systems, will lead the newly-combined organization that will be based in St. Petersburg, Fla., the company said Monday. “In …

Read More »

GovCon Wire Watches SAIC as Company Prepares for Split

One of the most significant developments in the GovCon sector of recent memory occurred in August 2012, when Science Applications International Corp. (NYSE: SAI) announced its intention to split into two independent, publicly-traded companies sometime in SAIC’s 2014 fiscal year. The ramifications of the plan are still to be fully …

Read More »

NTT to Acquire Security Provider Solutionary; Hiroo Unoura Comments

Nippon Telegraph and Telephone Corp. has agreed to buy managed security services provider Solutionary in a move aimed to grow NTT’s cybersecurity and information and communications technology portfolios. Solutionary is intended to operate as a subsidiary when the deal closes in the third quarter of NTT’s 2013 fiscal year, NTT …

Read More »