Professional services business NetStar-1 Inc. has acquired Aviel Systems Inc., a provider of program management and IT service offerings to the federal government.
One comment I often hear lately about the financialmarkets is that their volatility has increased. Theincreased volatility is an indicator of uncertainty, causinginvestors to react quickly to each piece of financial,economic or political news.
The federal procurement system is the largest and amongthe cleanest public-sector procurement systems in theworld. It counts transparency and competition as its highestvalues.
From a detailed review of the merger and acquisition and public capital market activity of government technology services companies for the past three years, onemust conclude that this industry has matured. It also is clear that consolidation and M&A activity will continue for the foreseeable future to be a major driver of growth and shareholder value.
Ciracom Inc. and USA.net announced at the FOSE trade show in Washington that they have won a spot on the GSA schedule to sell Microsoft Exchange hosting services.
EDS Corp.'s acquisition of Saber Corp. in November was one of the largest state and local acquisitions in recent years and is comparable to other market-changing acquisitions.
Most prospective buyers in the government services markets are seeking pure-play, federal-oriented targets. These acquirers are either already focused on thefederal segment and want to expand there or they are seeking to enter the federal arena. This approach essentially involves sticking to the market you know.
Science Applications International Corp. will purchase SM Consulting Inc., a provider of IT and linguistics services to government and commercial clients.
The Homeland Security Department wants a contractor to supply integrated off-the-shelf products that will gather IP routing data for technical studies and analyses.
