Tag: Acquisition
11 Jan 2019
CDW to Acquire Scalar Decisions Inc.
Leading global IT solution provider CDW announced today it had an agreement to acquire Scalar Decisions, a major Canadian solution provider. Details of the transaction were not disclosed, but according to the press release Scalar's LTM revenue totalled C$250 million--compared with CDW's...
12 Nov 2018
SAP to Acquire Qualtrics
ERP giant SAP announced yesterday that it was acquiring research and survey SaaS provider Qualtrics for $8 billion. The deal comes just days before Qualtrics' planned IPO, at an indicated price of $18 - $21 per share (suggesting a market cap of $4.5 billion excluding shares available to)....
29 Oct 2018
IBM Acquires Red Hat
In a surprise development yesterday, IBM (NYSE:IBM) and Red Hat (NYSE:RHT) announced that the two companies had reached a definitive agreement for IBM to acquire Red Hat for $190.00 per share in cash...
02 Aug 2018
Cisco to Acquire Duo Security for $2.35B
Cisco (Nasdaq: CSCO) announced today its intent to acquire privately held Duo Security for $2.35B. The deal will be paid out in cash with some...
28 Jun 2018
C Spire, Nation’s Largest Privately Owned Carrier, Acquires TekLinks
C Spire, the largest privately owned wireless carrier and sixth largest carrier in the country, announced today its acquisition of Birmingham, Alabama-based managed service provider...
19 Mar 2018
CACI Makes Competing Bid for CSRA to Disrupt General Dynamics’ Deal
Virginia-based government contractor CACI (NYSE: CACI) announced Sunday its bid to buy federal solutions provider CSRA (NYSE: CSRA) for ~$7.2B, topping General Dynamics' $6.8B bid...
20 Feb 2018
ConvergeOne, Soon to Go Public, Acquires Arrow Electronics’ Systems Integration Business
Ahead of its imminent IPO, ConvergeOne announced last Thursday its agreement to acquire Arrow Systems Integration, a subsidiary of Arrow Electronics that specializes in unified...
12 Feb 2018
General Dynamics to Buy Government IT Contractor CSRA in Nearly $10B Deal
U.S. defense contractor General Dynamics (NYSE: GD) announced today its intent to buy federal solutions provider CSRA (NYSE: CSRA) for ~$6.8B. The deal, which includes...
13 Aug 2015
FIS Agrees to Buy SunGard for $9.1 billion
Fidelity National Information Services (NYSE:FIS), a financial services provider for banks, announced Wednesday that it had agreed to acquire financial software company SunGard for $9.1 billion...