Computer Sciences Corp. has entered into a definitive agreement to sell selected DynCorp business units for $850 million to private equity investment group Veritas Capital Management LLC, CSC said today.
I bet terms such as claims entry, system takeover, MMIS, fiscal agent or entitlements mean nothing to you. But multiyear contracts, recurring revenue, mega deals, ongoing operations, and guaranteed federally financed budgets ? now, there is language everyone understands.
SES Americom Inc. has completed its acquisition of Verestar Inc. for $18.5 million in cash, the company said today. SES Americom announced the transaction in April.
SI International Inc. has signed a definitive agreement to purchase Bridge Technology Corp. of Columbia, Md., for $30 million in cash, the company said today.
Science Applications International Corp. has completed the acquisition of ProcureNet Holdings Inc., the company announced this morning. Terms of the deal were not disclosed.
L-3 Communications Corp. has agreed to purchase the Electron Dynamic Devices Inc. unit of Boeing Co. for an undisclosed amount, the company said today.
The unprecedented, rapid pace of mergers and acquisitions continues in the aerospace and defense and government services sectors. While most of these transactions involve only U.S. companies, there has been a significant increase in cross-border deals.
Motorola Inc. agreed to acquire MeshNetworks, Inc., a developer of mobile mesh networking technologies, in an effort to offer more broadband wireless solutions.
BB&T Capital Markets of Richmond, Va., will acquire middle-market investment bank Windsor Group LLC and affiliate Windsor Advisory Services LLC, the company announced today. Terms of the deal were not disclosed.
Web-based collaboration products and services provider SiteScape Inc. agreed to purchase Imidio Inc., an audio and Web-collaboration company. Terms of the deal were not disclosed.
BAE Systems North America Inc. has made its second acquisition in less than month, buying information technology company Alphatech Inc. for $88.4 million cash.
Motorola will acquire Crisnet, a provider of records management and related systems, to build upon Motorola's customer and technology offerings for criminal justice and public safety software applications, the company said.
BAE Systems North America Inc. today completed its $693.25 million deal to acquire DigitalNet Holdings Inc. BAE picks up capabilities in network services and information assurance solutions.
Science Applications International Corp. has bought Presearch Inc., a provider of services such as signal processing, software and hardware engineering, intelligence analysis and antisubmarine warfare and mine countermeasures.
Three affiliated companies merged today to form a new entity specializing in information technology services and solutions for the federal marketplace. Arlington, Va.-based Centurum Inc. brings together Techplan Corp., TDS Inc. and Klein & Stump Inc.