Accenture Ltd. of Hamilton, Bermuda, has acquired San Francisco-based Epylon Corp., a supplier of electronic procurement solutions for government and education.
Keane Inc. has signed a definitive agreement to purchase Metro Information Services Inc. in a stock-for-stock transaction valued at approximately $135 million.
General Dynamics Corp. is set to purchase Motorola Inc.'s Integrated Information Systems Group for $825 million in cash and assumption of certain liabilities and ongoing obligations.
With its planned purchase of Lockheed Martin IMS, Affiliated Computer Services Inc. moves to become a broad-based integrator that can now reach big states and across large, complex projects. ACS President and Chief Executive Officer Jeff Rich said ACS is now a leading provider of business process outsourcing in the state and local market.
More than half of global mergers fail to achieve their expected results, largely because of inadequate integration, a new Booz-Allen & Hamilton Inc. study revealed.
Government electronic payments company govOne Solutions LP will acquire the assets of Taxware International Inc. for $32 million in cash. Taxware's owners also will receive minority ownership in govOne Solutions of Englewood, Colo.
The concept of companies working together to deliver products or services isn't new. What's changing, however, is the nature and scope of corporate alliance arrangements, reflecting the explosion of this business tool across nearly all industry categories.
Affiliated Computer Services Inc. plans to buy Lockheed Martin IMS, the state and local unit of Lockheed Martin Corp., for $825 million in cash, ACS announced this morning. The acquisition of IMS "further solidifies our place in this very exciting, fast-growing market and allows us to accelerate the achievement of our long-term objectives," Jeff Rich, ACS' president and chief executive officer.
With the acquisition of SCT Corp.'s government unit, Affiliated Computer Services Inc. is positioning itself to compete with the top-tier integrators for large-scale outsourcing projects in the state and local government market.
Titan Corp. is acquiring Datron Systems Inc., a provider of radio and satellite-based communications systems and broadband communications products for government and commercial markets.
TRW Inc. plans to acquire Network Six Inc. for $5.3 million as part of a strategy to expand its human services expertise in the state and local government market, the company said June 7.
