Technology contractors working with the federal government in 2005 will see several changes in the procurement landscape because of new laws and the scandals of 2004.
About $2 billion in federal contracts were miscoded as going to small rather than large businesses in fiscal 2002, distorting procurement statistics, according to a new report by the Small Business Administration's advocacy office.
Technology research and consulting firm Gartner Inc. has agreed to purchase its smaller rival Meta Group Inc. in an all-cash deal worth $162 million, or $10 per share. Both firms are in Stamford, Conn. Meta Group supplies IT research and advisory and strategic consulting services.
TechTeam Global Inc. has acquired Sytel Inc., a network services and enterprise solutions provider, for $18.5 million in an all-cash deal. The deal closed Jan. 3.
FCBS Inc. of Fairfax, Va., is buying Computer & Hi-tech Management Inc. to create a $200 million a year government systems integrator. Both are former 8(a) firms. The value of the deal was not disclosed.
RS Information Systems Inc. in McLean, Va., has realigned its senior management with majority owner and co-founder Rodney Hunt adding the role of chief operating officer to his chairman and CEO duties.
About $2 billion in federal contracts were miscoded as going to small rather than large businesses in fiscal 2002, resulting in distorted procurement statistics, according to a new SBA report.
Contracts set aside for businesses owned by service-disabled veterans will pull in nearly $2.8 billion in spending by fiscal 2009, according to a report issued this month by market research firm Input Inc.
MTC Technologies Inc. is buying Manufacturing Technology Inc. in a $61 million deal that will bring MTC increased capabilities to support military electronics and other systems.
Global technology research firm Gartner Inc. has agreed to purchase its smaller rival Meta Group Inc. in an all-cash deal worth $162 million, or $10 per share.
The Small Business Association is now requiring businesses to self-certify that they are still a small business when they acquire companies with set aside contracts.
When IBM spins off its PC teams to Lenovo Group next year for about $1.75 billion, "there will be a large number of collaborative elements," IBM's PC chief says.
<font color="CC0000"> (UPDATED) </font color> Long-time federal contractor Resources Consultants Inc. is being acquired for $215 million by a British company that specializes in government outsourcing.
Lockheed Martin Corp. will acquire Stasys Ltd., a U.K. network communications and defense interoperability services provider, that should strengthen Bethesda, Md.-based Lockheed Martin's network-centric capabilities.
With the announcement today that PeopleSoft Inc. has agreed to Oracle Corp.'s takeover bid, federal IT leaders can begin to act on plans they drafted during the last 18 months.
