BAE Systems has acquired Malloy Aeronautics, a Berkshire, U.K.-based manufacturer of all-electric, heavy-lift drones for civilian and military users. Malloy’s drone variations have interchangeable capabilities, offering flexibility, cost-reduction and more secure operations than traditional UAS, BAE said. The company sees the purchase further accelerating Malloy’s drone development to meet global customers’ advanced technology requirements. FalconWorks, the...
Tag: M&A activity
Airbus To Acquire Atos’ Cybersecurity Division for $1.97B
French IT company Atos has confirmed that it is in discussion with Airbus over the potential sale of its data and cybersecurity business BDS for $1.97 billion, including debt. According to a Wall Street Journal report, Atos said it is in preliminary negotiations with the French aircraft maker. Airbus also confirmed that it had submitted a...
Accenture Expands Cybersecurity Capabilities With 6point6 Acquisition
Accenture further expanded its footprint in cybersecurity following the completed acquisition of the U.K. technology consultancy 6point6, which specializes in cyber, cloud and data solutions. The newly acquired company, which operates from London and Manchester, brings in about 400 technologists to service clients’ needs, Accenture said in announcing the finalized deal on Wednesday. It did...
Xalles Advances Security Business With UK Defense Tech Firm Artemis Acquisition
Washington, D.C.-based fintech company Xalles Holdings has acquired U.K. firm Artemis Defense Technologies focused on unmanned systems and artificial intelligence solutions. It said Artemis is already operating as its fully integrated subsidiary and the first unit of the newly formed Xalles Security business group. According to Xalles, Artemis is geared to expand its U.S. footprint,...
Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
Accenture Acquires UK Government Digital Transformation Firm 6point6
Accenture has agreed to acquire technology consultancy firm 6point6. The acquisition, once completed, will expand Accenture’s presence and capability to support customers in the United Kingdom. Terms of the deal were not disclosed. London-headquartered 6point6 was founded in 2012. It offers digital transformation, cybersecurity and data services to the U.K. central government. Among its major...
CGI Expands in Florida Growth Market With Acquisition of Momentum Consulting
CGI announced on Wednesday that it has acquired information technology firm Momentum Consulting. Miami-based Momentum, which provides digital transformation, data analytics and managed services, adds to CGI’s Florida business presence, which already includes the cities of Melbourne, Orange Park and Tampa. Tim Hurlebaus, president of U.S. commercial and state government operations at CGI, noted that the two...
BAE Systems to Acquire Ball’s Aerospace Unit for $5.55B
BAE Systems has agreed to acquire Ball Aerospace from Ball Corp. for $5.55 billion. Ball Aerospace manufactures spacecraft, instruments and sensors, laser remote sensing systems, and microwave technologies. On Bloomberg, an earlier report cited people familiar with the talks said a deal could be reached within the next couple of days. Ball first mentioned plans...