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BAE buys L-1's Intelligence Services Group for $300 million
L-1 Identity Solutions’ Intelligence Services Group is a highly regarded supplier to the U.S. intelligence and defense communities; the acquisition will complement BAE Systems’ growing Intelligence & Security sector, which focuses on four key customer missions —- intelligence and counterintelligence, homeland security, law enforcement, and support to military operations
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Boeing hints at interest in buying Northrop
In the face of likely deep cuts in some areas of the U.S. defense budget, speculations circulate that Boeing is looking to purchase companies active in those areas of the defense budget which are growing — UAVs, cyber security, and intelligence and surveillance systems; a likely candidate for acquisition: Northrop Grumman, a key player in these fields
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GTEC buys Zytel, bolstering cyber, intelligence capabilities
GTEC pays $26.8 millions in cash for Maryland-based Zytel; little is known about Zytel’s actual products — all the company’s work is classified and all employees are cleared at the Top Secret/Sensitive Compartmented Information level — but it develops cybersecurity and mission systems in support of the critical intelligence, counterterrorism, and cyber-warfare missions of its national-security clients
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HP to buy security software company ArcSight for $1.5 billion
Hewlett-Packard agreed to buy security software company ArcSight for $1.5 billion; ArcSight’s software helps companies protect their digital assets from cyber attacks and fraud, and aids in regulatory compliance. While many analysts said HP overpaid, they also said the deal fits with its broader enterprise strategy. Some, though, questioned the company’s financial discipline; the deal is the latest in a rash of consolidation in the security technology sector; last month, Intel Corp agreed to buy McAfee for $7.7 billion, and in May, Symantec Corp bought Verisign Inc.’s payment authentication unit for about $1.3 billion
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The reason for Intel's acquisition of McAfee
The merger between the two companies takes place ahead of the release in 2011 of new — and as yet undisclosed — products developed by a joint venture the two companies have operated in the past eighteen months; those undisclosed products may be part of the reason why Intel decided to purchase McAfee instead of extending or expanding the two companies’ joint venture; says one analyst: “If what came out of that joint venture was revolutionary it could be that Intel wanted to lock that [intellectual property] down”
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Intel acquires McAfee for $7.68 billion
Intel says security is now a fundamental component of online computing, but today’s approach to security is not adequate for the growing availability of Internet connections on mobile phones, medical devices, ATMs, automobiles, and elsewhere; the industry needs a new approach that combines software, hardware, and services to meet tomorrow’s needs
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Flir to acquire sensor maker ICx for $274 million
Flir, maker of thermal imaging technology, is acquiring ICx for $274 million; the merger will give Flir the capability to expand into the market for advanced sensors for chemical, biological, radiological, and nuclear explosives (CBRN) detection for homeland security and defense
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Airport screening specialist Reveal Imaging acquired by SAIC
SAIC acquires Reveal Imaging Technologies of Bedford, Massachusetts; Reveal was founded in 2002 in response to the U.S. government’s mandate for aviation security screening after the attacks of 9/11. The company has developed imaging technologies for screening airport baggage and detecting explosives in checked luggage
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Safran in Talks to acquire most of L-1 Identity Solutions Inc.
Paris-based Safran SA is exploring the acquisition of Connecticut-based L-1 Identity Solution; L-1 is likely to be split up, with another buyer acquiring a separate unit that sells consulting services to U.S. intelligence agencies; L-1 had a stock market value of about $670 million as of last Thursday; L-1’s CEO, Robert LaPenta, formed the company after serving as president and chief financial officer of L-3 Communications Holdings Inc. from 1997 to 2005; LaPenta helped start L-3 with co-founder Frank Lanza after both men left Lockheed Martin Corp
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21st Century Technologies acquires D.C.-area cyber-security firm
21st Century Technology (21CT), a developer of advanced intelligence analytics software to combat terrorist threats and cyber threats, acquires a specialist in defenses against network intrusions
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Altegrity to buy Kroll for $1.13 billion in cash
Altegrity, which does a range of contract work, mostly for the U.S. federal government, including security clearance investigations for the U.S. government and training and consulting for police departments at home and abroad, will buy Kroll, the corporate intelligence unit of Marsh & McLennan Cos., for $1.13 billion in cash; acquisition will strengthen Altegrity’s business outside the United States
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General Dynamics acquires explosives disposal specialist
General Dynamics assesses that anti-U.S. militants will increase their activities both at home and against U.S. troops abroad; the company acquires a specialist in demilitarization, incineration, and disposal of munitions, explosives, and explosive wastes
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Onyx targets business continuity acquisitions
Energetic and acquisitive U.K. VAR Onyx refreshes DRS proposition after recent buy-out and aims for more consolidation; company claims that many disaster recovery packages do not cater effectively for smaller firms, particularly in London
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IBM completes acquisition of NISC
IBM is strengthening its position in the security services market by National Interest Security Company, a privately held company headquartered in Fairfax, Virginia; (NISC), which has 1,000 employees, has expertise in systems engineering, biometrics, document and media exploitation, systems integration, software development, enterprise architecture, security, information assurance, analysis support, and critical infrastructure protection
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As more U.S. embassies come under threat, ATG Access’ bollards offer a solution
ATG Access offers bollards to meet every security level required and has products impact-tested at 30, 40, and 50 mph with vehicles ranging from 7.5 ton up to 18 ton; the company says that the latest addition to the product family is a fixed bollard that will dead-stop a 7.5 ton truck traveling at 50 mph; what is more, the foundation of the company’s bollards is just 150 mm; with a foundation of only 20 cm (8 inches) deep — typical bollard requires 1.5 m (5 feet) — ATG’s shallow mount can be installed on pavements, on top of bridges, or in locations where other ordinary products may be impossible to install
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