Eyak renews merger bid for GTSI
Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.
HP to pay $1.5B for security management firm
Hewlett Packard Co. is buying ArcSight Inc., a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion, HP announced today.
BAE Systems buys defense, aerospace optics maker
BAE Systems is acquiring Oasys Technology, a private company that specializes in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.
And the winner, finally, is … HP
After a seesaw battle of competing bids, Hewlett-Packard Co. outbid Dell Corp. for 3PAR Inc. They have entered into a definitive agreement under which HP will purchase 3PAR, a leading global provider of utility storage, through a cash tender offer of $33 per share in cash, or an enterprise value of $2.35 billion.
Citrix to acquire VMLogix
In a move aimed at extending its Open Cloud infrastructure, Citrix Systems Inc. has agreed to acquire VMLogix Inc.
Acquisition Solutions formally adopts new name
Acquisition Solutions Inc., a public-sector consulting company, has formally changed its name today to ASI Government to reflect its intention to specialize in performance management solutions for the government.
M&A activities slowed by pickier buyers
Experts say M&A activity is continuing throughout the recession, but having fewer dollars to spend makes buyers more particular and focused.
Granicus expands government cloud computing platform
Granicus Inc., a vendor of cloud computing solutions for government agencies, announced it has acquired Webcasting.com.
New breed of buyers expand footprint in federal market
Although nontraditional buyers dominate acquisition activity in the federal sector, traditional buyers are by no means out of the acquisition business, says John Allen of BB&T Capital Markets Windsor Group.
HP again outbids Dell in battle for 3Par
After Dell on Thursday increased its offer to $27 a share, Hewlett-Packard Co. has again upped the ante, agreeing to pay $30 a share, or $2 billion, for the Freemont, Calif., company.
Dell tops HP bid for 3Par as bidding war escalates
Dell announced today that it has raised its bid to buy 3Par to $24.30 a share, or slightly more than the $1.6 billion that Hewlett-Packard Co. offered earlier this week to counter Dell’s initial offer of $18 a share, or $1.2 billion.
HP challenges Dell bid for data center products maker
On Aug. 16, Dell announced an agreement to acquire 3PAR Inc. in a $1.15 billion deal. A week later, HP says it has submitted a proposal to buy 3PAR for $1.6 billion.
Intel to acquire McAfee for $7.68B
Blockbuster deal will let Intel provide hardware-based security.
Ingenix buying spree continues with Axolotl
Health information technology and services provider Ingenix Inc. announced this week that it is buying health information exchange services provider Axolotl Corp.
HP to acquire software security firm
Hewlett Packard Corp. is taking another step into the services arena by buying Fortify Software, a privately held software security assurance company in San Mateo, Calif. Terms of the deal were not disclosed.
CGI reaches goal line of $1B Stanley purchase
CGI Group has effectively acquired Stanley Inc., having completed its cash tender offer for all outstanding shares of the government contractor based in Arlington, Va. Stanley will become a wholly owned subsidiary of CGI Federal.
FLIR makes $274M deal for advanced sensor maker
FLIR Systems Inc. acquisition of ICx Technologies Inc. will bolster its homeland security and defense business.
SAIC closes Reveal acquisition to boost customs agencies sales
Science Applications International Corp. has completed its acquisition of Reveal Imaging Technologies Inc., a provider of threat detection products and services. Financial terms were not reported.
CSC sells unit to satisfy new ethics rule
Computer Sciences Corp. tried, but failed to keep a 500-person unit serving the Missile Defense Agency.
Smartronix acquires health IT company
The acquisition of Cogon Systems of Pensacola, Fla., adds a virtual health network platform to Smartronix's offerings.
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