Tag Archives: m&a

GardaWorld Acquires Aegis Group; Stephan Cretier Comments

GardaWorld has closed its purchase of private security services provider Aegis Group for an undisclosed sum in a move to grow in the global protective services market. KippsDeSanto & Co. — financial adviser to Aegis Group on the transaction — announced the deal’s completion Tuesday and said GardaWorld seeks to increase its footprints in …

Read More »

SageNet Buys Turnberry’s Cybersecurity Division; Daryl Woodard Comments

SageNet has purchased Turnberry Solutions’ cybersecurity division in an effort to grow in the payment card industry compliance and advanced threat protection services markets. SageNet said Sept. 1 that Paul Truitt, head of the cybersecurity practice at Turnberry, will serve as SageNet’s vice president of cybersecurity services. The Certified Information Systems Security Professional …

Read More »

QTS Plans Expanded Cloud Offerings Via Carpathia Buy

TYSONS CORNER, VA September 3, 2015 — QTS officials said the company’s recent purchase of Carpathia will help grow its hybrid and information technology cloud offerings, ExecutiveBiz reported Wednesday. Dan Bennewitz, chief operating officer at QTS, acknowledged the importance of an agency developing its own custom approach to fulfilling IT requirements …

Read More »

Rick Schmidt Named Rockwell Collins M&A VP; Jeff MacLauchlan Comments

Rick Schmidt, formerly senior director of mergers and acquisitions at Rockwell Collins (NYSE: COL), has been promoted to VP of M&A at the Iowa-based avionics technology maker. Schmidt helped the company carry out its acquisition of ARINC in 2013 in the senior director role and has worked on other strategy development and acquisition initiatives at Rockwell …

Read More »

Data Systems Analysts Closes Symbolic Systems Federal IT Services Buy; Fran Pierce Comments

Data Systems Analysts has moved to expand its U.S. Army knowledge management practice with the acquisition of Symbolic Systems‘ federal information technology assets for an undisclosed amount. Robert Wheeler, formerly chief operating officer for Symbolic Systems, joined DSA’s leadership team as a vice president as part of the acquisition, DSA said …

Read More »

IBM Plans to Acquire Merge Healthcare Tech for $1B

TYSONS CORNER, VA August 10, 2015 — IBM (NYSE: IBM) is looking to strengthen Watson’s image analytics and cognitive abilities with a planned purchase of Merge Healthcare (Nasdaq: MRGE), maker of medical imaging and clinical systems based in Chicago, ExecutiveBiz reported Friday. IBM said Thursday it expects the $1 billion transaction …

Read More »

Brian Clark to Succeed Charles Narang as NCI CEO

Brian J. Clark, president at NCI (Nasdaq: NCIT) for three years, will succeed Charles K. Narang as CEO of the information technology services provider on Oct. 1. Narang, who has held the chairman and CEO roles since 1989, will become non-executive chairman once he steps down from his post, the …

Read More »

TCS Buys Navigation Firm Loctronix; Sameer Vuyyuru, Jay Whitehurst Comment

Telecommunication Systems (Nasdaq: TSYS) has acquired inertial-navigation provider Loctronix for an undisclosed amount in an effort to help first responders locate distressed individuals and public safety personnel, Urgent Communications reported Friday. Sameer Vuyyuru, group vice president and general manager for the TCS location business unit, said the company intends for the acquisition …

Read More »

Alion Science in Acquisition Talks with Veritas Capital

Veritas Capital plans to acquire Alion Science and Technology Corp. (NYSE: ALON) for approximately $300 million in equity, Dow Jones reported Wednesday. Hillary Canada writes Alion Science dismissed plans for an initial public offering in favor of the acquisition deal. Alion Science filed for an IPO in late April, according …

Read More »

Emerging Markets Communications Buys MTN; Abel Avellan Comments

Emerging Markets Communications has purchased Maritime Telecommunications Network for an undisclosed amount as part of a push to expand broadband connections in remote locations. EMC said Monday the combined company will work to provide terrestrial broadband and hybrid satellite communications services for land-based sites, maritime vessels and aircraft. “We are excited to add …

Read More »