ICF Consulting Group Inc. has acquired local consulting services firm Caliber Associates, a provider of IT consulting services to the federal government.
McNeil Technologies Inc. closed a pair of deals last week, one for a government contractor and a second for the government contracts held by another company.
FileNet Corp. signed an agreement to acquire Yaletown Technology Group Inc., a provider of content compliance software, in an all-cash transaction valued at about $11 million.
Oracle Corp. is expanding its customer relationship management capabilities with its agreement to buy Siebel Systems Inc. of San Mateo, Calif., for $5.85 billion.
DRS Technologies Inc. has signed a definitive agreement to acquire Engineered Support Systems Inc. for nearly $2 billion in a cash and stock deal, the company said today.
CompuDyne-Public Safety and Justice Inc., a subsidiary of CompuDyne Corp., has acquired Xanalys Corp., a provider of crime-solving and data-sharing tools.
Analysts say Oracle Corp.'s agreement to buy customer relationship management provider Siebel Systems Inc. is likely a sign of Oracle's desire to increase its footprint in the federal IT market.
The federal IT services industry has seen a lot of merger and acquisition activity, and I expect it will continue. Several factors are driving this activity: the industry's size, its high degree of fragmentation with no truly dominant players, relatively low total-market growth, good access to capital and strong free cash flow.
Merger and acquisition experts are hailing Science Applications International Corp.'s decision to shed its employee-ownership model and conduct an initial public offering in 2006.
Lockheed Martin Corp. has entered into a definitive agreement to buy remote sensing systems maker Coherent Technologies Inc. for an undisclosed amount.
Experts hailed Science Applications International Corp.'s plan to conduct an initial public offering and predicted the move will position the company for future acquisitions.
