Tag Archives: M&A Activity

General Atomics Buys Synthetic Aperture Radar Tech Provider Neva Ridge; Scott Forney Quoted

General Atomics has purchased Neva Ridge Technologies, a Boulder, Colo.-based provider of synthetic aperture radar data processing technology and services, for an undisclosed sum as part of efforts to expand its tech capabilities in defense and space markets.

Read More »

PSS Acquires IT Consulting Firm Eagle Ray; Randy Morgan Quoted

Preferred Systems Solutions has purchased Chantilly, Va.-based information technology management consulting firm Eagle Ray for an undisclosed sum. Babs Doherty, president and CEO of Eagle Ray, will bring to PSS her over three decades’ experience in the national security space as a senior vice president within the newly created Eagle Ray Technologies Group and will report directly to Randy Morgan, PSS president and CEO and a previous Wash100 award recipient, PSS said.

Read More »

Salesforce to Acquire Vlocity for $1.33B

Salesforce (NYSE: CRM) has agreed to buy Vlocity, a San Francisco-based cloud and mobile software provider, for approximately $1.33B. The transaction is expected to be finalized in the second quarter of fiscal 2021, subject to the waiting period’s expiration under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions, Salesforce said Tuesday.

Read More »