Indus starts its M&A engine

Indus Corp. closes back-to-back deals this week to gain defense and intel customers.

Nortel's launch pad for faster growth

PEC deal creates platform for more U.S. business

Microsoft providers merge operations

IT consulting firms Planet Technologies Inc. and eQuest Technologies Inc. have merged. The executive staff of both companies will remain onboard.

DRS Technologies to acquire Walkabout Computers

DRS Technologies Inc. has acquired WalkAbout Computers Inc., the company announced this week. The value of the all-cash purchase was not disclosed.

BAE Systems unit completes UDI acquisition

BAE Systems North America Inc. has completed its $4.2 billion acquisition of United Defense Industries Inc.

SRA makes all-cash deal for Galaxy

SRA International Inc. signed a definitive agreement to buy Galaxy Scientific Corp. for an undisclosed amount.

SAIC ponders IPO to fund acquisitions

Science Applications International Corp. is considering changing its long-standing tradition of employee ownership and sponsoring an initial public offering to raise cash for acquisitions.

ACS completes Mellon HR deal, brings on Davies

Affiliated Computer Services Inc. has completed its acquisition of the human resources consulting and outsourcing business of Mellon Financial Corp.

Market Watch: New buyers ratchet up demand in M&A market

Transaction prices for attractive federal IT companies remain strong.

Mergers and acquisitions roundup

Networking and IT security provider AEP Networks Inc. of Somerset, N.J., plans to buy V-One Corp., an Internet security company. Terms of the deal were not disclosed.

Sun buys into fast-growing storage market

Sun Microsystems Inc.'s $4.1 billion purchase of Storage Technology Corp. is taking place against the backdrop of a rapidly growing data storage industry.

L-3 looks to build IT business with Titan acquisition

<font color="CC0000">(UPDATE) </font color> L-3 Communications' acquisition of Titan Corp. should extend L-3's prime contractor position in getting work from the federal government, says CEO Frank Lanza.

FSS commissioner, deputy announce retirements

The top two executives for the Federal Supply Service announced yesterday they are retiring, as the consolidation of the Federal Supply Service with the Federal Technology Service looms.

L-3 Communications to buy Titan

L-3 Communications Inc. has signed a definitive agreement to buy Titan Corp. for approximately $2.65 billion in cash and assumed debt.

Lawson Software to merge with Swedish firm

Lawson Software Inc. and Intentia International AB will combine in an all-stock transaction valued at $480 million.

ManTech closes Gray Hawk deal

ManTech International Corp. completed its $100 million acquisition of intelligence systems provider Gray Hawk Systems Inc.

ACS completes Mellon HR deal

Affiliated Computer Services Inc. has completed its acquisition of the human resources consulting and outsourcing business of Mellon Financial Corp.

Small firms form joint venture

Access Systems Inc. has formed a small business joint venture with Diamond Data Systems and Ultimate Solutions Inc. to pursue a contract at the Space and Naval Warfare Systems Center.

AEP to acquire V-One

AEP Networks Inc, a networking and security company, is planning to buy V-One Corp., an Internet security firm.