ITS buys federal services unit
California IT and engineering solutions company ITS Corp. has acquired the federal sector support services business of Noesis Inc.
DataLogic buys network design and consulting firm
DataLogic International Inc. has acquired BluBat Inc., a network design and consulting company.
Mergers & acquisitions
Affiliated Computer Services Inc. of Dallas sold its $200 million-a-year welfare-to-workforce services to Arbor E&T LLC for an undisclosed sum in a deal expected to close in January.
Market watch: New M&A vehicles offer investment alternative
Investors' interest in federal IT, defense and homeland security companies has been affirmed again through recent public offerings by special purpose acquisition corporations, or SPACs.
L-3 closes EOTech purchase
L-3 Communications Inc. has closed its all-cash, $49 million purchase of EOTech Inc., a maker of advanced weapon sights.
Viisage to buy Integrated Biometric Technology
Viisage Inc. is acquiring Integrated Biometric Technology Inc., a provider of fingerprinting technologies, in a cash and stock deal.
ACS unloads welfare-to-workforce business line
Affiliated Computer Services Inc. has sold its welfare-to-workforce services to Arbor E&T LLC for an undisclosed sum in order to focus on its core business process and IT outsourcing services.
Mergers and acquisitions roundup
Level 3 Communications Inc. of Broomfield, Colo., will buy Internet services provider WilTel Communications Group LLC for $370 million cash and 115 million shares stock in a deal to close in the first quarter of 2006.
CSC, Lockheed talk deal
Computer Sciences Corp. may be the next big acquisition candidate in the realm of non-stop mergers and acquisitions in the federal IT market.
Manatron buys Plexis Group
Manatron Inc. has acquired Plexis Group LLC, a provider of software solutions and support services, for $1 million cash.
SRA completes Spectrum Solutions buy
SRA International Inc. has completed its acquisition of Spectrum Solutions Group Inc. Terms of the deal were not disclosed.
Level 3 to buy WilTel
Level 3 Communications Inc. has agreed to buy Internet services provider WilTel Communications Group LLC for $370 million in cash and 115 million shares of Level 3 common stock.
FCC gives OK to telecom mergers
The Federal Communications Commission today approved the mergers of SBC Communications Inc. and AT&T Corp. and Verizon Communications Inc. and MCI Inc. The deals could be final by early 2006.
FCC to vote on proposed telecom mega-mergers
The Federal Communications Commission is expected today to decide whether to approve SBC Communications Inc.'s $16 billion purchase of AT&T Corp. and Verizon Communications Inc.'s $8.5 billion purchase of MCI Inc.
First the Merger, Then the Mess
Washington Post business columnist Steven Pearlstein gives his take on why the rumored acquisition of Computer Sciences Corp. by Lockheed Martin Corp. isn't such a good thing.
Juniper buys Acorn Packet Solutions
Juniper Networks Inc. has acquired Acorn Packet Solutions Inc. in a deal that will enable the IP network company to enhance its service offerings to federal customers.
Qwest wary of competitors' mega mergers
While Qwest Communications International Inc. is vying with three other telecom contenders for a piece of the federal government's multibillion Networx Universal telecommunications contract, the carrier is busy battling its challengers on another front.
Mergers and acquisitions
McNeil Technologies Inc. of Springfield, Va., closed a pair of deals: one for a government contractor and a second for the government contracts held by another company. Terms of neither deal were disclosed.
Mergers and acquisitions
McNeil Technologies Inc. of Springfield, Va., closed a pair of deals: one for a government contractor and a second for the government contracts held by another company. Terms of neither deal were disclosed.
CACI acquisition of National Security Research Inc. closes
CACI International Inc. completed its acquisition of all outstanding shares of National Security Research Inc.
Almost There!
Help us tailor content specifically for you: