Deltek wraps up purchase of Danish ERP provider
Deltek Inc. has acquired Maconomy A/S, a Danish provider of enterprise resource planning materials, for about $73 million in cash.
New IPOs hold great promise for services sector
The initial public offerings of Booz Allen Hamilton Inc. and KEYW Corp. offer compelling case studies on why companies choose to go public and what company attributes contribute to IPO success.
Dell expands portfolio with purchase of software company
Dell Computer Co. has signed an agreement to acquire Scalent, a private manufacturer of software that manages data center servers and infrastructure. Financial terms of the agreement were not released.
SAP extends $5.8B deadline to purchase Sybase
SA has extended its cash offer for all outstanding shares of common stock of Sybase Inc. until July 16.
Threats loom for government contractors
Most financial measures show the government market moving from historic highs toward a period of increased risk.
DynCorp shareholders agree to Cerberus acquisition
DynCorp International Inc. stockholders have approved the company’s merger agreement with certain affiliates of Cerberus Capital Management L.P.
Agilex, NISC lead slate of Hot Ticket winners
The Northern Virginia Technology Council recognizes up-and-comers in the technology market.
Boeing to take C4ISR provider Argon ST under its wing
The Boeing Co. will acquire Argon ST, of Fairfax, Va., a C4ISR and combat systems provider, in an all-cash tender offer worth approximately $775 million.
Former SI execs make first deal with SGIS acquisition
Salient Federal Solutions Inc., a recently formed information technology and engineering solutions company, has taken its first step into the mergers and acquisitions market by acquiring SGIS.
Navigate the path to sustainable earnings
Although budget cuts and insourcing are devouring certain segments of the government services market, there are many segments of the market in which growth opportunities continue to abound, says John Hagan of BB&T Capital Markets/Windsor Group.
Dell doubles down on data centers, services
Dell plans to double the size of its $16 billion data center and technology services business and move away from being a PC supplier.
Acquisition boosts SAS’ goal of security market leadership
Business analytics software and services company SAS has acquired Memex, a provider of intelligence management solutions with a strong presence in the law enforcement and homeland security markets.
Why Lockheed gave up $1.3 billion
The decision to sell two units and drop $1.3 billion in revenue is part of a strategy to focus on core competencies.
Cubic takes first step in cyber solutions expansion
Cubic Defense Applications Inc., a unit of Cubic Corp., has acquired Safe Harbor Holdings Inc., a supplier of customized hardware and software for cyber solutions. Financial terms were not reported.
Booz Allen heads for Wall Street with IPO
Booz Allen Hamilton Inc. has filed an initial public offering that should allow it to pay off debt leftover from its acquisition by the Carlyle Group.
CGI extends Stanley tender offer deadline
CGI Fairfax Corp., a wholly owned subsidiary of CGI Federal Inc., has extended its cash tender offer to purchase all outstanding shares of common stock in Stanley Inc.
Top 100: Deloitte cracks the top tier
Deloitte acquires BearingPoint in a move that vaults the consulting and accounting firm into the top tier of government contractors.
Fewer new contract starts slow SAIC quarterly revenue growth
SAIC reported first-quarter fiscal 2011 revenues of $2.69 billion, up 1 percent from $2.65 billion in the same quarter a year ago. Internal revenue growth contracted 1 percentage point for the quarter, the company reported at the close of business June 3.
Jacobs bolsters IT business with $59M deal for TechTeam
Jacobs Engineering Group Inc. will buy TechTeam Government Solutions Inc. for a $59 million in its second deal in a year to increase its IT business.
Deltek makes $73M offer for Danish IT provider
Deltek Inc. has made a tender offer to buy Maconomy A/S, an international provider of enterprise applications software and solutions based in Copenhagen, Denmark. The purchase price is approximately $73 million.
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