Verizon Communications Inc. emerged as the winner yesterday with a revised $8.5 billion bid in a crushing 11-week battle with Qwest Communications International Inc. for long-distance company MCI Inc.
Nortel Networks Corp. is planning to buy PEC Solutions Inc. in a $448 million deal that will create a U.S. operation that the Canadian company will use to pursue government contracts for IT services and security.
The Small Business Administration now is responsible for establishing the certification of small businesses as small disadvantaged, 8 (a) certified or HUBZone-certified.
Maya Viz Ltd. develops enhanced visualization and collaboration technologies that support real-time decision making, officials from General Dynamics said.
With the telecommunications industry rapidly consolidating, cable television companies are starting to see opportunities to grab business in the federal market.
The General Services Administration's plan to reorganize the Federal Technology and Federal Supply services must go beyond the superficial merging of two organizations and improve the organization's overall value to agencies and industry, federal and private sector officials said.
Early this month, Lockheed Martin Information Technology's health care solutions unit invited 23 small companies ? all prospective subcontractors ? to an all-day briefing and interview session at the company's Center for Leadership Excellence in Bethesda, Md.
