Close this Advertisement




Share

M&A roundup

  • May 22, 2008
SAIC completes SM Consulting buy

Science Applications International Corp. has
completed its acquisition of SM Consulting
Inc., a provider of information technology and
linguistic services. Financial terms were not
disclosed.

SAIC announced its intention to buy the company
in March. SMC, of Linthicum, Md., will join
SAIC's Mission Integration Business Unit, which is
based in Reston, Va.

Italian firm to acquire DRS

DRS Technologies Inc. is being acquired for $5.2 billion
by Finmeccanica SpA, an Italian defense company
looking to expand into the U.S. market.

The Parsippany, N.J., company would be a wholly
owned subsidiary.

Finmeccanica has several U.S. subsidiaries,
most of which perform helicopter and aircraft work.

Trace builds IT base

Trace Systems LLC, a McLean, Va., systems integrator
and technical services company, bought TCP
Network Solutions Inc.

Financial terms were not disclosed. Acquisition
of the Eatontown, N.J., company brings Trace
Systems more capabilities in defense information
technology and communications.

Perot buys Original Solutions

Perot Systems Corp., of Plano, Texas, bought government
information technology services provider
Original Solutions Ltd., based in Ireland. Financial
terms were not disclosed.

Original Solutions' competencies include Web
applications and client/server development, enterprise
integration, systems re-engineering, and managing
IT services and infrastructure library processes,
Perot officials said.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?
My e-mail address is:

Do you have a password?
Forgot your password? Click here
close
SEARCH

Trending

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Surviving Lowest Price Technically Acceptable IT Projects: Maximize your Returns and Customer Satisfaction Ratings

    Register for this FREE exclusive roundtable webcast to hear from Nick Wakeman, Editor of Washington Technology, Shamun Mahmud, Cloud Security Architect, DLT Solutions and Paul McCloskey, Federal Alliances Leader, SolarWinds, and they discuss the different approaches on how you can deliver low cost, technically excellent, better value solutions to meet the fiscal and technology needs of today’s government, while still maximizing your returns on your LPTA IT projects. Learn More!