Dell ‘very bullish’ on buying more companies to boost fed sales
Despite tight federal budgets during the next several years, Dell Computer Corp. will continue to acquire companies to further deepen its footprint as a government services provider. And it has $15 billion in cash to do so.
Apptis sold to San Francisco technology firm
URS Corp. is acquiring Apptis Inc. for a net purchase price of approximately $260 million in cash. The deal does not include Apptis’ Iron Bow reseller subsidiary.
ManTech's Pedersen assesses the market's present and future
George Pedersen, founder, chairman and CEO of ManTech International Inc., explains his strategy for keeping his company focused on the hot sectors of the government market.
Raytheon moves to pursue thin-client demands
Now a unit of Raytheon Co., Trusted Computer Solutions is taking its cross-domain thin-client technology into the Defense Department, the intelligence community and beyond.
Conditions are right for private equity buyers
The government market is experiencing an uptick in private equity buyers that are chasing larger and larger acquisitions.
Spacenet adds Cicat to its business orbit
Spacenet Inc., a subsidiary of Gilat Satellite Networks Ltd., has acquired Cicat Networks Inc., a nationwide provider of broadband network solutions based in Chantilly, Va. Financial terms were not reported.
N.J. professional services firm gains local Edge
Artech Information Systems LLC, a provider of workforce solutions to the government, has acquired Edge Professional Services LLC, a Washington, D.C., information technology services firm.
When you sell your business keep your advantage during the process
After tailing off in 2008 and 2009, merger and acquisition activity in the government contracting arena began to exhibit signs of renewed vigor in 2010. Many industry insiders expect 2011 to be even more robust.
DOJ approval for Google's ITA purchase conditional
The U.S. Department of Justice announced April 8 that it conditionally approved Google's acquisition bid for ITA Software Inc.
Level 3 pays $3B to acquire Global Crossing
Level 3 Communications Inc. is acquiring Global Crossing Ltd. in a tax-free, stock-for-stock transaction for approximately $3 billion, including the assumption of approximately $1.1 billion of debt.
CA Technologies’ acquisition extends reach in government sector
CA Technologies is extending its reach into the public sector with the announced purchase of Base Technologies, a private consulting firm focused on the management of government IT assets.
BAE wraps up purchase of Fairchild Imaging
BAE Systems Inc. has completed its acquisition of Fairchild Imaging Inc. by acquiring all remaining outstanding equity for $86 million in cash.
Harris finally wraps up Global Connectivity acquisition
After first announcing the planned acquisition in November 2010, Harris Corp. has wrapped up its purchase of Global Connectivity Services from Schlumberger Information Solutions for $397.5 million in cash.
Lee Technologies acquired by French energy management firm
Lee Technologies Inc. has been acquired by Schneider Electric, a French energy management company. The financial terms of the acquisition were not reported.
GTEC takes new name, branding from Greek mythology
Global Defense Technology & Systems Inc. has changed its name and brand to Sotera Defense Solutions Inc.
CSC buys one health care provider, sells another
CSC has acquired all outstanding equity of iSoft Group Limited of Australia and has sold its AdvanceMed business to NCI, a Reston, Va., provider of IT, data mining and data analytical tools.
Harris completes purchase of health care info provider
Harris Corp. has completed its $155 million cash acquisition of Carefx Corp., a provider of interoperability workflow solutions for government and commercial health care providers.
EMC buys Reston-based security analysis provider
EMC Corp. has acquired NetWitness Corp., a private provider of network security analysis solutions. The financial terms of the deal, which closed April 1, were not reported.
Anatomy of SRA's $1.9B sale
Documents filed with the Securities and Exchange Commission last week trace the process behind the $1.9 billion sale of SRA International Inc. to Providence Equity Partners.
Qwest, CenturyLink finalize merger, become fourth largest carrier
Qwest Communications and CenturyLink complete their merger and the government unit, which holds the Networx contract, will continue to operate as Qwest for the next several months.
Almost There!
Help us tailor content specifically for you: