EMC Corp. will acquire RSA Security Inc., a provider of technology for protecting and managing identities and digital assets, for about $2.1 billion in cash.
The rationale supporting acquisitions as a necessary component of business building in the government services market is often debated by executives, investors and owners. Evidence accumulated over the past 10 years confirms that the rewards of a targeted acquisition program outweigh the risks.
This year's pace of mergers and acquisitions has 2006 shaping up to be a continuation of the activity witnessed by government services companies in 2005.
Affiliated Computer Services Inc. has a well-established reputation as having a knack for growth through acquisitions. Over the years, the company has used its deal-making savvy to build a leading state and local business with annual revenue of nearly $2 billion.
With an eye on improving its modeling, simulation and engineering capabilities, Alion Science and Technology Corp. has acquired Micro Analysis and Design Inc.
CACI International Inc. stated emphatically that it has not been in talks with BAE Systems plc about a possible acquisition by the British aerospace and defense company.
Lockheed Martin Corp. has acquired a radio-frequency identification company that sells its tracking technology to the Defense Department and other agencies.
IT infrastructure services company Avocent Corp. has acquired LANDesk Group Ltd. for $416 million in a cash and stock transaction. Avocent expects to complete the acquisition within 75 days.
CACI International Inc. today reported record revenue of $435.4 million for its third fiscal quarter ended March 31, an increase of $20.4 million, or 4.9 percent, over revenue for the same period in fiscal 2005.
JDA Software Group Inc. will retain Manugistics Group Inc.'s clients in the federal government, aerospace and defense sectors after it completes its $211 million cash purchase of the supply-chain management company.
