Tag Archives: Mergers and Acquisitions

Matthew Ritchie Joins Aerospace & Defense Investment Firm Acorn

Matthew Ritchie, a former senior manager at Northrop Grumman‘s technology services sector, has been named managing director of mergers and acquisitions at Acorn Growth Companies. He is based in the investment firm’s Washington, D.C. office and has more than 10 years of aerospace, defense and government services industry experience, Acorn said Wednesday. Robert Hinaman, …

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Red Hat Acquires Codenvy

Red Hat, Inc. (NYSE: RHT), a provider of open source solutions, announced Thursday that it signed a definitive agreement to acquire Codenvy, a provider of cloud-native tools that developers use to create modern container-based and cloud-native applications. Tools like Codenvy allow software engineers to spend less time on environment management, administration and other …

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Sterling Global Operations Adopts ‘Janus’ Name After 3 Acquisitions

The stability services contractor formerly known as Sterling Global Operations has adopted the new name of Janus Global Operations after acquisitions of three risk management and security services providers. Janus Global said Tuesday it formed through the purchases of Janus Security International, SNE Special Projects and Tundra Security Afghanistan in an effort to expand global services in …

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PwC Report Details Increased Aerospace, Defense M&A Activity in 2014

A new PwC report on the mergers and acquisitions in aerospace-and-defense industry says deal activities increased in 2014 compared to 2013 and the number of transactions worth at least $1 billion doubled from the prior year. The firm’s Mission Control report, authored by PwC Global A&D Leader Guillaume Rochard and U.S. A&D Leader Chuck Marx, says the total deal value reached $22.3 billion in …

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Ken Asbury: M&A a Top Priority at CACI

CACI International CEO Ken Asbury has said the company is regularly looking at opportunities for mergers and acquisitions nearly seven months after its $820 million acquisition of Six3 Systems, the Washington Business Journal reported Thursday. “We’re continuing to look at companies in the M&A space to add a new customer, a new set of techniques, …

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Boeing to Acquire ETS Aviation, Provider of Fuel Efficiency Tools; Stan Deal Comments

Boeing is set to expand its fuel efficiency solutions offering through an acquisition of fuel-efficiency management and analytics software provider ETS Aviation, which serves at least 120 airlines and corporate flight agencies around the world. Boeing said Friday it expects to complete the transaction this quarter, after which the company will integrate ETS Aviation’s fuel …

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

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. …

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