Hello, Guest!

Tag: Spinoff

FTC Clears Merger of DXC’s US Public Sector Business With Vencore, KeyPointM&A Activity

FTC Clears Merger of DXC’s US Public Sector Business With Vencore, KeyPoint

The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions.
Honeywell to Spin Off Business Groups by End of 2018; Darius Adamczyk CommentsM&A Activity

Honeywell to Spin Off Business Groups by End of 2018; Darius Adamczyk Comments

Honeywell (NYSE: HON) has announced it will spin off the industrial conglomerate’s ADI global distribution business, Homes portfolio and transportation systems business
Doug Wagoner to Step Down as SAIC Sector President in September; Tony Moraco CommentsExecutive Moves

Doug Wagoner to Step Down as SAIC Sector President in September; Tony Moraco Comments

Doug Wagoner, president of services and solutions sector at Science Applications International Corp. (NYSE: SAIC), will step down from his role at
Xerox Splits Into Digital Printing Tech,  Service Businesses; Jeff Jacobson CommentsM&A Activity

Xerox Splits Into Digital Printing Tech, Service Businesses; Jeff Jacobson Comments

Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The
Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products,  ServicesContract Awards

Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products, Services

Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories
HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman CommentsM&A Activity

HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman Comments

Hewlett Packard Enterprise (NYSE: HPE) has announced plans to merge its non-core software assets with global enterprise software firm Micro Focus under an
Vectrus Lifts 2016 Earnings,  Revenue GuidanceFinancial Report

Vectrus Lifts 2016 Earnings, Revenue Guidance

Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second
Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment CombinationExecutive Moves

Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment Combination

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie said Thursday he will step down from his roles as chairman and
Huntington Ingalls FY 2015,  4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin GoalFinancial Report

Huntington Ingalls FY 2015, 4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin Goal

Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings
Economic Times: Tata Consultancy Services Resumes Talks Over Acquisition of Dell’s IT BusinessM&A Activity

Economic Times: Tata Consultancy Services Resumes Talks Over Acquisition of Dell’s IT Business

Tata Consultancy Services, an India-based information technology consulting firm, has resumed negotiations over its plans to acquire IT services provider