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Tag Archives: TPG

Randy Phillips Named Leidos Corporate Dev’t SVP; James Reagan Comments

Randy Phillips, senior vice president for corporate development at Ellucian, has joined Leidos (NYSE: LDOS) in the same capacity. He will oversee Leidos’ strategic growth and development efforts through mergers and acquisitions, the company said Monday. “Phillips has been guiding transactions in our sector for many years, helping to define …

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McAfee Relaunches as Independent Security Company

McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bryan Taylor, a partner …

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Weekly Roundup September 6-September 9: SAIC Reports Quarterly Earnings, Congress Back In Session, and More

September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year …

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Private Equity Firm TPG, Intel to Form Security JV Under Estimated $4.2B Deal

Santa Clara, California-based computing chip maker Intel (Nasdaq: INTC) will spin off the company’s security business into a new joint venture with investment firm TPG through an estimated $4.2 billion multi-step transaction. Intel said Wednesday it will own 49 percent of the JV to be called “McAfee” and receive $3.1 billion cash while TPG will own the remaining …

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