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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The U.S. Postal Service has chosen Veritas Technologies’ software platforms for the modernization of its data compliance system in a potential seven-year, $70 million contract. The company said Tuesday that Veritas Enterprise Vault, Merge1 and eDiscovery support products will be implemented in the agency’s legal department in an effort to reinforce its regulatory and litigatory […] More
Veritas Technologies has reached an agreement with the General Services Administration to help federal clients implement enterprise software products designed to support cloud management and data governance efforts. GSA said Tuesday government buyers can buy Veritas-made software platforms to manage and secure agencies’ data through the new enterprise software acquisition deal. Both parties negotiated the contract as part of […] More
Symantec has said the independent information management company to form from the company’s split announced in October will be called Veritas Technologies and that the security business will retain the Symantec name. The company said Wednesday Veritas will have its own logo that represents the strategy toward “open, heterogeneous technologies.” “While the name recalls the company’s heritage, the new logo signals that Veritas is […] More
Veritas Capital has completed its purchase of CAES Space Systems and changed the name of the acquired business to Frontgrade Technologies to reflect its objectives of creating technology platforms that support national security and addressing engineering challenges facing clients. Mike Elias, formerly senior vice president and general manager for the space division at CAES, will […] More
Guidehouse has completed its acquisition of Dovel Technologies and the combined enterprise is projected to generate over $2 billion in annual revenue as Dovel expands Guidehouse’s government and commercial service offerings. The Veritas Capital portfolio company said Monday it will add more than 1,900 individuals to its combined employee base as part of the acquisition, which […] More
Guidehouse announced on Wednesday that the portfolio company of Veritas Capital has entered into a definitive agreement to acquire Dovel Technologies for an undisclosed amount. The transaction is expected to close sometime in the fourth quarter of the 2021 fiscal year, and the combined enterprise is expected to generate more than two billion dollars in […] More

Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion. 

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Carolyn Hyde, former vice president of sales at Government Acquisitions, has joined Veritas Technologies as leader of federal healthcare and civilian sales at the data management software company, FedHealthIT reported Monday. She brings 25 years of experience managing teams for sales and support activities, having formerly held leadership positions at Attune Systems and Akira Technologies.

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