Tag Archives: M&A Activity

Hugh Evans: Veritas Capital to Acquire GE’s Embedded Computing Systems Portfolio

General Electric (NYSE: GE) has agreed to sell its embedded technology and systems business to Veritas Capital for an undisclosed amount. Veritas said Tuesday it expects to complete the acquisition in the fourth quarter of 2015 and will rename and make the Huntsville, Alabama-based business an independent company after the …

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WSJ: Boeing Execs Want Company to Keep ULA JV Ownership Stake

According to a Wall Street Journal report published Thursday, executives at Boeing (NYSE: BA) want the company to retain its ownership stake in the United Launch Alliance joint venture co-owned with Lockheed Martin (NYSE: LMT). Doug Cameron and Andy Pasztor write Lockheed’s executives want to negotiate a sale of ULA to to the parent company of Aerojet Rocketdyne, which has …

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Versar to Buy Johnson Controls’ Federal Security Systems Integration Business; Tony Otten Comments

Versar (NYSE: VSR), a project management company, has agreed to purchase a Johnson Controls subsidiary that works with federal customers to design, install and support physical and network security systems. Versar expects to wrap up the acquisition of Johnson Controls Security Systems by Sept. 30 in a transaction that includes $20 …

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WSJ: Aerojet Rocketdyne Parent Offers $2B for Boeing-Lockheed Launch JV

The parent company of Aerojet Rocketdyne has offered to acquire the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture United Launch Alliance for approximately $2 billion in cash, the Wall Street Journal reported Tuesday. Andy Pasztor and Dana Mattioli write Aerojet Rocketdyne and ULA are in “advanced talks” on the all-cash offer and could announce a transaction …

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Calibre Buys IMC’s Health, Defense IT Consulting Businesses

Calibre Systems has bought Information Management Consultants‘ business groups that work with health and life sciences organizations as well as defense and government agencies to manage data systems. The companies did not disclose the terms of the deal and Calibre will integrate the acquired businesses into a single information management consulting division …

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Carlyle to Purchase Analytics Provider Novetta Solutions From Arlington Capital

Private equity firm The Carlyle Group has agreed to purchase McLean, Va.-based analytics services contractor Novetta Solutions from Arlington Capital Partners for an undisclosed sum. Novetta said Thursday it expects to close the transaction later this year and the deal will be funded by equity capital from the $13 billion Carlyle Partners VI fund. Carlyle’s …

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BMC Buys Boundary’s Cloud IT Monitoring Tech

BMC Software has purchased a Boundary technology that works to help enterprises identify and diagnose information technology application performance issues in real time. The acquired technology from Boundary also employs a software-as-a-service model for the management of IT infrastructure across an organization, BMC said Tuesday. BMC added the acquisition is …

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Tom Sechler: MicroPact Merges with Iron Data for Gov’t BPM Market Push

MicroPact and Iron Data Solutions have merged through a deal of an undisclosed amount in a bid to grow their case and business process management software products and support services for the public sector. The combined entity will operate under the MicroPact name and be led by CEO Tom Sechler and President …

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Bloomberg: Investment Firms Bid on Airbus’ Defense Electronics Business

Airbus Group has received initial acquisition bids for its defense sensor and border security technology assets from private equity companies Blackstone, Carlyle Group and KKR & Co., Bloomberg reported Tuesday. Military technology firms Thales and Rheinmetall are also interested in acquiring the portfolio that generated approximately $1.2 billion in revenue during Airbus’ …

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Salient, CRGT to Merge in Gov’t IT Modernization & Business Intell Market Push

Government services contractors Salient Federal Solutions and CRGT have agreed to merge under a deal of an undisclosed sum in a push to expand their information technology modernization and business intelligence services to federal and other public sector agencies. The companies said Tuesday they expect to close the transaction early in the fourth quarter …

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