News & Events

Business Wire
February 15, 2011

BAE Systems Completes Purchase of L-1’s Intelligence Services Group

BAE Systems has completed its acquisition of L-1 Identity Solutions, Inc.’s Intelligence Services Group (ISG), which is comprised of SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC, for a purchase price of approximately $297 million. The completed transaction, initially announced in September, will enhance BAE Systems’ ability to effectively meet the growing needs of government intelligence, defense and security customers. More

Reuters
February 14, 2011

Stone Key Drives Defense Technology Dealmaking

In a dealmaking world where big Wall Street investment banks rule, Denis Bovin and Michael Urfirer show that small can be beautiful. More

Lockhead Martin
November 23, 2010

Lockheed Martin Corporation Announces Completion Of Divesture Of Enterprise Integration Group To Veritas Capital

Lockheed Martin Corporation announced that it has completed the divestiture of its Enterprise Integration Group (EIG) business to Veritas Capital for USD815 million in cash. More

Reuters
October 13, 2010

Lockheed selling advisory unit for $815 million

Lockheed Martin Corp is selling a division that advises government agencies on weapons platforms for $815 million, responding to heightened Pentagon worries about potential organizational conflicts of interest. Lockheed decided to sell Enterprise Integration Group to private equity firm Veritas Capital as the Pentagon tightens rules aimed at removing potential conflicts of interest caused when contractors advise the government on weapons systems for which they end up bidding. More

Company Press Release
October 04, 2010

FLIR Systems Completes Acquisition of ICx Technologies for $268 Million

FLIR Systems, Inc. announced today that it has successfully completed its previously announced acquisition of ICx Technologies, Inc. for $7.55 per share, representing an aggregate purchase price of $268 million, or an enterprise value of $232 million including ICx’s closing cash balance. More

Press Release
September 20, 2010

L-1 Identity Solutions Announces Agreement to Be Acquired by Safran for $12.00 per Share

Safran announced today that it has entered into a definitive agreement with L-1 Identity Solutions, a leading identity management provider in the United States, for Safran to acquire the operating and holding company of L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services businesses, for a total cash amount of USD 1.09 billion. More

Company Press Release
August 24, 2010

Monster Completes Acquisition of HotJobs and Enters into Multi-year Traffic Agreement with Yahoo!

Monster Worldwide, Inc. announced today that it has completed its acquisition of Yahoo! HotJobs, a leading online recruitment website, from Yahoo! for $225 million in cash. More

Company Press Release
August 16, 2010

FLIR Systems Announces Agreement to Acquire ICx Technologies

FLIR Systems, Inc. announced today that it has entered into a definitive merger agreement pursuant to which it has agreed to acquire ICx Technologies, Inc. for an aggregate cash purchase price of approximately $274 million. More