Following an analyst report naming Computer Sciences Corp. as a prime target for buyout firms, the company fielded phone calls from investors yearning to take it private. The company's CEO contends that the computer-services provider will maintain its independence.
BAE Systems PLC is purchasing the Danish cyber and intelligence company ETI A/S, a provider of advanced technology products and services to government and commercial clients worldwide.
Computer Sciences Corp. has acquired a provider of systems engineering and intelligence analysis to bolster the work it can do with national security agencies. They also pick up access to a $6 billion contract vehicle.
Raytheon Co. has signed a definitive agreement to acquire Applied Signal Technology Inc., a processor of communications signals for tactical and strategic intelligence missions, for $38 a share in cash, for an aggregate purchase price of approximately $490 million.
TeleCommunication Systems Inc. has signed a definitive agreement to acquire privately held Trident Space and Defense LLC, a provider of engineering and electronics solutions for global space and defense markets.
Dell Corp. will pay $27.75 per share in cash for each share of Compellent Technologies Inc., a provider of virtualized storage solutions, for a total equity value of approximately $960 million.
Computer Sciences Corp. has signed a purchase agreement to acquire Image Solutions Inc., a provider of regulatory submission management solutions and related outsourcing services. Financial terms of the deal were not disclosed.
KEYW Corp. has entered into a purchase agreement to acquire Everest Technology Solutions Inc., a privately held provider of cyber superiority solutions to the U.S. intelligence community, for $30 million.
ManTech International Corp. is acquiring MTCSC Inc., a Chula Vista, Calif., provider of C4ISR systems integration services, primarily to the Marine Corps.
The Enterprise Integration Group, which became an independent company after its formal divestiture from Lockheed Martin Corp. last week, has been renamed The SI Organization Inc., following its purchase by the private equity investment firm Veritas Capital for $815 million in cash.
Lockheed Martin Corp. completed the sale of its Enterprise Integration Group business to Veritas Capital for $815 million in cash. What drove the company to divest such a large business unit?