Tag Archives: Morrison & Foerster

Salesforce to Buy Enterprise Software Firm Slack for $27.7B; Marc Benioff Quoted

Salesforce

Salesforce (NYSE: CRM) has agreed to purchase Slack Technologies (NYSE: WORK) for approximately $27.7B in a strategy to create a unified technology platform for enterprise collaboration and communication. Marc Benioff, chair and CEO of Salesforce, said the combination seeks to “shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world.”

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Belcan Buys Federal IT Services Contractor Telesis; Lance Kwasniewski Quoted

Lance Kwasniewski CEO Belcan

Belcan, a portfolio company of private equity firm AE Industrial Partners, has acquired federal information technology services provider Telesis for an undisclosed sum. "The acquisition of Telesis is transformational for Belcan's Government IT Solutions business, immediately adding complementary capabilities and greater scale," said Belcan CEO Lance Kwasniewski.

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KeyW Inks $235M Cash Deal for Sotera in Intell Community Push

Hanover, Maryland-based cyber and geospatial services contractor KeyW (Nasdaq: KEYW) has agreed to purchase Herndon, Virginia-based national security technology provider Sotera Defense Solutions for $235 million cash in a push to add new and complementary work with the intelligence community and related government customers. Both companies estimate the combined entity will generate close to $535 million in …

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