Corporate consolidation has been a defining feature of the federal market over the past 10 years. Over the same period, past performance has become a prominent evaluation factor in all negotiated procurements.
Application Technologies Inc., an information technology consulting firm in Bethesda, Md., announced May 30 it would acquire Apprio Inc., an Oracle-based application service provider and systems integrator in Vienna, Va.
The Environmental Research Institute of Michigan has acquired Vector Research Inc. Both companies call Ann Arbor, Mich., home. Terms of the deal were not disclosed.
Motorola Inc. of Schaumberg, Ill., announced May 15 it is "exploring strategic alternatives, including a potential divestiture," of its government communication and information technology unit, the Integrated Information Systems Group, based in Scottsdale, Ariz.
L-3 Communications Corp. of New York announced May 16 that it will acquire EER Systems Inc. of Chantilly, Va., for about $105 million, plus up to an additional $10 million, based on EER's financial performance for 2001 and 2002. The acquisition is expected to close within 30 days, L-3 reported.
Gores Technology Group, a private investment firm in Los Angeles, has announced a purchase agreement for the PC manufacturing and government systems units of Micron Electronics Inc. of Nampa, Idaho. GTG chief executive officer Vance Diggins said Micron's strength in the government market was one of the qualities of that made it an attractive acquisition.
NCS Pearson Inc. of Minneapolis has acquired Kajax Engineering Inc. of Arlington, Va., as part of a strategy to expand its e-government and systems integration work in the federal and state government markets. KEI will be renamed KEI Pearson and become part of the NCS Pearson Government Solutions business unit based in Arlington, said NCS Pearson May 2.
TekInsight.com Inc. and DynCorp have signed a formal agreement to merge their state and local operations, creating a combined company of 400 employees and annual revenue approaching $100 million. The companies announced the agreement April 26.
Information technology companies Litton PRC and Litton TASC will become part of Logicon Inc. as a result of Northrop Grumman Corp.'s acquisition of Litton Industries Inc.
Science Applications International Corp. of San Diego has acquired three business units of Maxwell Technologies Systems Division Inc. for its Defense Technology Group, the company announced April 2.
Electronic Data Systems Corp. announced April 2 plans to purchase Systematics AG of Hamburg, Germany, a move that will double the company's presence in Germany.
The institutional brokerage firm and investment bank Jefferies & Company Inc. of Los Angeles has bought a 16 2/3 percent interest in Quarterdeck Investment Partners LLC. The value of the investment was not disclosed.
The institutional brokerage firm and investment bank Jefferies & Company Inc. of Los Angeles has bought a 16 2/3 percent interest in Quarterdeck Investment Partners LLC, the companies announced March 21. The value of the investment was not disclosed.