Following the collapse of its $2.2 billion merger agreement with Lockheed Martin Corp., Titan Corp. said it is not looking for another company to acquire it.
Titan Corp.'s shareholders this month overwhelmingly approved a $2.2 billion takeover bid by Lockheed Martin Corp., but some analysts said Lockheed Martin might lower its offering price a second time to complete the deal.
When Daly Computers Inc. was preparing to bid on Virginia's statewide computer and peripherals contracts, it called one of its distributors, Ingram Micro Inc., for help -- not that it was expecting much. "When we used to go to our distributors for help, they would usually just throw a list of products at us," said company president <b>Ryan Yu</b>. Not this time.
Dimensions International Inc., an IT and logistics firm serving the Defense Department and the Federal Aviation Administration, has acquired Sentel Corp.
The federal government plans to aggressively market cooperative purchasing to state and local governments until it receives widespread adoption, a congressman says.
Harris Corp. has signed a definitive agreement to acquire Orkand Corp., provider of technical services and information technology for federal agencies.