L-3 Communications Corp. has acquired 3Di Technologies LLC, a provider of secure satellite communications. Financial terms of the transaction were not disclosed.
SRA International Inc. is selling its Airport Operations Solutions group to ITT Corp., a high-tech engineering and manufacturing company. Financial terms of the deal were not disclosed.
IBM Corp. is buying Netezza Corp., a publicly held provider of high-performance analytics, in a cash transaction for $27 per share or approximately $1.7 billion after adjusting for cash.
Safran, an international high-technology group whose core businesses are in aerospace, defense and security, is buying a scaled-down L-1 Identity Solutions Inc., after the sale of L-1’s intelligence units to BAE Systems Inc. The M&A deals are worth more than $1.6 billion.
The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.
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.
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.
Small Business Administration officials have proposed amending the agency's rules, and federal regulators are considering changes to governmentwide rules.
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.
Regulatory councils increased the minimum amount at which a company must draw up a subcontracting plan, but small businesses may lose out on contracts.
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.
John Hassoun has joined ATS Corp. as senior vice president of federal programs. He comes from Global Strategies Group, an international risk management services company in Dubai.
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.
