Dell Inc. announced today that the computer giant is buying Perot Systems Inc. in a transaction valued at approximately $3.9 billion. The merger is expected to close in Dell’s November-January fiscal quarter.
DRS Technologies Inc. has completed its purchase of Soneticom, a provider of geolocation systems, wireless communications protocols and digital signal processing.
Greg Baroni explains how his new venture will parlay its purchase of the remaining BearingPoint contracts and employees to aggressively find a niche in the federal contracting market.
Defense companies are planning to sell some of their subsidiaries so they don’t contravene the new acquisition reform legislation passed by Congress that bars contractors from owning companies that advise the government on acquisitions.
ServerVault has been acquired by Carpathia Hosting, a provider of managed hosting services for enterprises and federal agencies. Financial terms of the transaction were not released.
Raytheon will acquire BBN Technologies, a specialist in research and development, and a provider of critical solutions for national defense and security missions.
The $11 million purchase of BIO-key International Inc.'s law enforcement division is likely only the first of several to come for InterAct911 Mobile Systems Inc.
