Science Applications International Corp. is considering changing its long-standing tradition of employee ownership and sponsoring an initial public offering to raise cash for acquisitions.
Networking and IT security provider AEP Networks Inc. of Somerset, N.J., plans to buy V-One Corp., an Internet security company. Terms of the deal were not disclosed.
Sun Microsystems Inc.'s $4.1 billion purchase of Storage Technology Corp. is taking place against the backdrop of a rapidly growing data storage industry.
<font color="CC0000">(UPDATE) </font color> L-3 Communications' acquisition of Titan Corp. should extend L-3's prime contractor position in getting work from the federal government, says CEO Frank Lanza.
The top two executives for the Federal Supply Service announced yesterday they are retiring, as the consolidation of the Federal Supply Service with the Federal Technology Service looms.
Access Systems Inc. has formed a small business joint venture with Diamond Data Systems and Ultimate Solutions Inc. to pursue a contract at the Space and Naval Warfare Systems Center.