Cisco Systems Inc. plans to acquire privately held P-Cube Inc. of Sunnyvale, Calif., for $200 million in cash and options. P-Cube develops software for analyzing and managing network traffic.
Computer Sciences Corp. acquired Porton International Inc.'s interest in biopharmaceutical company DynPort Vaccine Company LLC, for an undisclosed sum, the company said today.
BIO-key International Inc. will buy Aether Systems Inc.'s Mobile Government Division for $10 million in cash, creating the largest U.S. provider of wireless information technologies for law enforcement and public safety organizations, according to BIO-key officials.
The Air Force Office of Small and Disadvantaged Business Utilization and Lockheed Martin Corp. have signed a memorandum of understanding to improve their outreach to small businesses.
McAfee Inc. has agreed to buy Foundstone Inc. of Mission Viejo, Calif., for $86 million in cash, the company said today. The acquisition gives the security firm a foothold in the growing vulnerability management market.
A groundbreaking effort by Florida to turn welfare eligibility ruling over to the private sector is facing intense scrutiny by federal agencies that oversee public assistance programs.
As agencies put into place the first blueprints of their IT environments, systems integrators and other contractors face the question of what happens next. Agencies will need help creating more detailed versions of their architectures. SAIC, for example, is already helping DHS with a second version of its plan. But the importance of this work goes well beyond the creation of an enterprise architecture. Contractors now must focus on winning the follow-up -- and possibly more lucrative -- work of implementing enterprise architectures.
Wireless Facilities Inc. will acquire information technology and logistics automation services provider Defense Systems Inc. in a $6.6 million, all-cash deal, WFI announced this week.
The federal government's spending on information technology will slow down over the next five years, but the impact on IT contractors will be minimal, according to London market research firm Datamonitor plc.
The Agriculture Department's National Financial Center is looking for a vendor to provide support services for implementing Extensible Markup Language publishing extensions to its electronic publishing system.
No schedule or multiple-award contract has ever been dedicated to share in savings ? until now. The General Services Administration last month awarded blanket purchase agreements to six companies to sell share-in-savings information technology projects to 19 federal agencies.
After three consecutive quarters of improvement in business performance, commercial IT spending dropped in June. Dozens of commercial software and hardware companies preannounced weak second-quarter results, blaming customer purchase delays and a lack of large sales.