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Telcordia Restructures Tech R&D Unit into Subsidiary; John Hillen Joins Board

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Telcordia Technologies Inc. has reorganized its advanced technology solutions business unit into a wholly owned subsidiary, Telcordia announced Thursday. Telcordia said it separated the unit, now known as Applied Communication Sciences, to alleviate U.S. government concerns about the affects of Telcordia’s recent $1.5 billion takeover by Swedish telecommunications firm Ericsson. Telcordia said the subsidiary will [...]

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IBM Appoints New Head of M&A Department

According to Bloomberg, IBM has appointed Kevin Reardon as head of mergers and acquisitions. Reardon is said to be replacing former global head of corporate development, Elias Mendoza. Union Square Advisors LLC said in a July 20 statement Mendoza joined the firm as a partner. Reardon, whose previous role at IBM was general manager of [...]

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CRGT CEO Ferrando Gives Perspective on M&A

Mergers and acquisitions activity has been racing throughout the government contracting world lately. CRGT, an expert in emerging technology solutions, recently acquired managing and consulting firm Johnston McLamb (JM). CRGT President and CEO Tom Ferrando provided ExecutiveBiz a micro view of the M&A moves in the industry. With street-level detail but bird’s-eye insight, Ferrando answers [...]

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Sevatec Builds Cybersecurity Portfolio with Acquisition of Intrepics

Sevatec, Inc., a Northern Virginia based technology and consulting firm, announced last week it will be enhancing its cybersecurity capabilities with the acquisition of Intrepics, LLC., a cybersecurity systems company also based in Virginia. “We are very excited about our first strategic acquisition, and welcoming the great folks of Intrepics to our organization,” said President [...]

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Boeing Buys Argon ST for $775 Million

The Boeing Company announced today that they have entered into an agreement with Argon ST to acquire them for $775 million. The acquisition of Argon, a leading defense company, will enhance Boeing’s presence in the cyber and intelligence markets through furthering their capabilities in sensors, communications technologies and information management. Roger Krone, president of Boeing [...]

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CSC’s Jim Sheaffer: “Plan for the long run”

Insourcing. Organizational conflict of interest. Transparency. If ever industry had its share of issues on the table, this would be it. For ideas on how to navigate the hot button issues of the day, ExecutiveBiz recently caught up with industry veteran Jim Sheaffer, president of CSC – North American Public Sector. In a candid exchange, [...]

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Baroni Management to Prepare Strategic Assessment of Patriot Data Solutions Group

Patriot Scientific Corporation has announced that Baroni Management Company LLC of Potomac, Maryland has been hired by the Audit Committee of Patriot’s Board of Directors to prepare a strategic assessment of Patriot’s wholly owned subsidiary Patriot Data Solutions Group, Inc’s operations. Rumor has it though that Éclat Consulting, LLC, founded by Greg Baroni, is closing [...]

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