Cubic (NYSE: CUB) has purchased a 20 percent stake in commercial technology firm Pixia for $50M in a push to expand the portfolio of offerings of its mission solutions business.
Read More »McAleese & Associates: L3Harris Records 10% Sales Growth in Full Year 2019 Pro Forma Guidance
A new report by consulting firm McAleese & Associates says L3Harris Technologies (NYSE: LHX) issued its full year 2019 pro forma guidance, posting a 10 percent sales increase at $18B and a sector operating margin of 16 percent.
Read More »Deltek to Buy Construction Software Firm ComputerEase; Mike Corkery Quoted
Deltek has agreed to acquire field management software provider ComputerEase for an undisclosed sum in an effort to expand its footprint in the construction industry.
Read More »Broadcom Strikes $10.7B Cash Deal for Symantec’s Enterprise Security Assets; Rick Hill Quoted
Broadcom (Nasdaq: AVGO) has agreed to acquire Symantec's (Nasdaq: SYMC) enterprise security assets for approximately $10.7B in cash. The transaction includes the acquisition of the Symantec name and is expected to conclude before the end of calendar year 2019, subject to regulatory approvals and other customary closing conditions, Symantec said Thursday.
Read More »Acorn Growth Companies Buys Controlling Interest in Robbins-Gioia
Acorn Growth Companies has acquired a majority stake in Robbins-Gioia, a management consulting firm that aims to help public and private sector customers modernize systems. "We see this partnership with Acorn as a key driver in the achievement of our vision to be the leader in delivering modernization and transformation for the federal government and similarly complex enterprises," said Brad King, CEO of Robbins-Gioia.
Read More »HPE Acquires MapR Assets to Advance Data Platform With AI/ML, Analytics Tools
Hewlett Packard Enterprise (NYSE: HPE) has purchased MapR's business assets for an undisclosed sum in a move to advance HPE-built data management technology with artificial intelligence, machine learning and analytics applications. The deal includes the acquisition of intellectual property, domain expertise and technology in the AI/ML and analytics areas, HPE said Monday.
Read More »CPI to Buy General Dynamics’ SATCOM Technologies Business; Bob Fickett Quoted
Communications & Power Industries has agreed to acquire General Dynamics’ (NYSE: GD) antenna systems business for an undisclosed sum to expand its portfolio of communications products for military, government and commercial clients.
Read More »E3/Sentinel Acquires Data Works for Intell Community Mission Support Push; Andy Maner Quoted
E3/Sentinel has bought Reston, Va.-based enterprise information management company Data Works as part of efforts to grow analytics, engineering and software development service offerings for the intelligence community market.
Read More »Perspecta Completes Acquisition of Knight Point Systems; Mac Curtis Quoted
Perspecta (NYSE: PRSP) has completed its $250M acquisition of Knight Point Systems. The purchase seeks to expand Perspecta's cloud, cyber, digital transformation and enterprise IT offerings intended to help modernize and transform government mission delivery, the company said Thursday. Baird served as the exclusive financial adviser to Knight Point Systems on the transaction.
Read More »Salesforce Closes $15.7B Tableau Buy; Marc Benioff Quoted
Salesforce (NYSE: CRM) has finalized its acquisition of Tableau Software for approximately $15.7B in a push to expand capabilities to help customers advance their digital transformation efforts and generate insights from data.
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