Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.
Hewlett Packard Co. is buying ArcSight Inc., a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion, HP announced today.
BAE Systems is acquiring Oasys Technology, a private company that specializes in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.
After a seesaw battle of competing bids, Hewlett-Packard Co. outbid Dell Corp. for 3PAR Inc. They have entered into a definitive agreement under which HP will purchase 3PAR, a leading global provider of utility storage, through a cash tender offer of $33 per share in cash, or an enterprise value of $2.35 billion.
Acquisition Solutions Inc., a public-sector consulting company, has formally changed its name today to ASI Government to reflect its intention to specialize in performance management solutions for the government.
Although nontraditional buyers dominate acquisition activity in the federal sector, traditional buyers are by no means out of the acquisition business, says John Allen of BB&T Capital Markets Windsor Group.
After Dell on Thursday increased its offer to $27 a share, Hewlett-Packard Co. has again upped the ante, agreeing to pay $30 a share, or $2 billion, for the Freemont, Calif., company.
Dell announced today that it has raised its bid to buy 3Par to $24.30 a share, or slightly more than the $1.6 billion that Hewlett-Packard Co. offered earlier this week to counter Dell’s initial offer of $18 a share, or $1.2 billion.
On Aug. 16, Dell announced an agreement to acquire 3PAR Inc. in a $1.15 billion deal. A week later, HP says it has submitted a proposal to buy 3PAR for $1.6 billion.
Health information technology and services provider Ingenix Inc. announced this week that it is buying health information exchange services provider Axolotl Corp.
Hewlett Packard Corp. is taking another step into the services arena by buying Fortify Software, a privately held software security assurance company in San Mateo, Calif. Terms of the deal were not disclosed.
CGI Group has effectively acquired Stanley Inc., having completed its cash tender offer for all outstanding shares of the government contractor based in Arlington, Va. Stanley will become a wholly owned subsidiary of CGI Federal.
Science Applications International Corp. has completed its acquisition of Reveal Imaging Technologies Inc., a provider of threat detection products and services. Financial terms were not reported.
