Anteon Corp. has sold its subsidiary Interactive Media Corp. to Form Inc., an affiliate of Pearson Publishing UK. Joseph Kampf, president and chief executive officer of Anteon, said the sale of the division furthered the company's concentration on its core market, the federal government.
With its planned purchase of Lockheed Martin IMS, Affiliated Computer Services Inc. moves from being a strong player in key state and local government niches to a broad-based integrator that can now reach big states and across large, complex projects.
Middleware, Larry Ellison said, is a "nitwit idea." Ellison, Oracle Corp.'s chairman and chief executive officer, was referring to the software that links legacy and other database systems with more advanced Internet applications and computer systems.
A public-private job competition at Lackland Air Force Base in Texas was so riddled with errors that the Air Force should consider holding a new competition, the Pentagon inspector general has concluded.
The concept of companies working together to deliver products or services isn't new. What's changing, however, is the nature and scope of corporate alliance arrangements, reflecting the explosion of this business tool across nearly all industry categories.
A unit of General Dynamics Corp. won a $2.4 billion contract to build the Bowman communications systems for the United Kingdom's Ministry of Defence, the company announced July 19.
Affiliated Computer Services Inc. plans to buy Lockheed Martin IMS, the state and local unit of Lockheed Martin Corp., for $825 million in cash, ACS announced this morning. The acquisition of IMS "further solidifies our place in this very exciting, fast-growing market and allows us to accelerate the achievement of our long-term objectives," Jeff Rich, ACS' president and chief executive officer.
The Federal Deposit Insurance Corp. is preparing to test cutting-edge "third-generation" wireless technology that will make possible the high-speed transfer of data over mobile devices.
With the acquisition of SCT Corp.'s government unit, Affiliated Computer Services Inc. is positioning itself to compete with the top-tier integrators for large-scale outsourcing projects in the state and local government market.
Once again in-vestors are focusing on earnings, with most companies reporting second quarter results over the next couple of weeks. I don't expect many surprises this quarter.
When government agencies rushed to put information on the Web, little did they realize how ill-prepared they were to answer specific questions from Internet users.
Several leading manufacturers of wireless hand-held devices are launching initiatives to enter the federal market, banking on long-term success in a market still facing significant obstacles to widespread adoption.
