Latest Federal & Government Contracting Companies' News Coverage
NTT DATA has entered into an agreement to purchase all outstanding shares of Spain-based information technology and consulting services provider everis Group for an undisclosed sum. NTT DATA already owned a 64 percent stake in everis and intends for the buyout to expand its global portfolio of IT offerings, the companies said Monday. “Welcoming everis […] More
IBM has acquired CSL International for an undisclosed amount in a move to expand its cloud and virtualization offerings. The buy-out comes as new integrated software co-developed by the two companies is expected to be released under the IBM zEnterprise product portfolio by next year, IBM said Friday. Patrick Toole, IBM System z general manager, said […] More
Maximus Health Services has purchased Health Management at an undisclosed value in a move to expand its business in the United Kingdom, HealthInvestor reported Friday. The article says Maximus expects the acquisition to boost profit by $11 million by September this year discounting the transaction fees. “We are firmly committed to delivering exceptional service in […] More
Symantec Corp. has sold its stake in a Hong Kong-based joint venture to its former Chinese telecommunications partner for $530 million, the U.S. security company announced Friday. The companies established Huawei-Symantec Technologies Co. Ltd. in 2008, with Symantec owning 49 percent and Huawei owning 51 percent. Huawei now maintains sole proprietorship of all the venture’s […] More
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