Accenture has expanded its SAP and supply chain capabilities with the acquisition of Camelot Management Consultants, a SAP-focused management and technology consulting firm based in Germany. In a press release on Monday, the global professional services firm said customers will benefit from Camelot’s analytics, data strategy and modernization expertise at a time when more organizations...
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Tag: acquisition
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Hensoldt Creates Multi-Domain Solutions Unit Under New Operational Setup; Oliver Dorre Quoted
Germany-based defense contractor Hensoldt has announced an organizational streamlining, which calls for establishing a multi-domain solutions division integrating the capabilities of its newly acquired company, system integrator ESG Elektroniksystem- und Logistik. The company completed the ESG transaction in April. The new division will merge ESG with Hensoldt’s spectrum dominance and airborne solutions divisions to serve...
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IBM Buys SiXworks for $150M to Grow UK Public Sector Business
IBM expanded its market presence in the public sector with its acquisition of U.K. defense consultancy company SiXworks. The multinational technology firm said in a blog post on Tuesday that SiXworks’ digital, cyber and defense cloud capabilities complement its existing U.K. offerings on cybersecurity, data and artificial intelligence. IBM purchased SiXworks from London-based private equity...
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Airbus Working to Acquire Specific Spirit AeroSystems’ Aircraft Parts Production Activities
Airbus has announced an agreement with Spirit AeroSystems to acquire some of the latter’s operations, particularly the manufacture of key aircraft components. The “definitive agreement” could lead to the purchase of Spirit’s specific activities, including the production sites for A350 fuselage sections and A220 pylons in the United States, Airbus said. The ongoing transaction would also...
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ExoAnalytic Solutions Acquiring 3S Northumbria to Provide Enhanced SSA Services
ExoAnalytic Solutions is acquiring 3S Northumbria, a British startup specializing in space technology and data integration and providing solutions for space situational awareness. The acquisition is expected to improve ExoAnalytic’s data sharing and operational coordination capabilities and expand its SSA service portfolio and presence in the United Kingdom and other European countries. According to Douglas...
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Accenture Grows Italian Footprint With Intellera Acquisition; Mauro Macchi Quoted
Accenture has announced the completion of its purchase of Intellera Consulting, an Italian company that specializes in public sector consultancy services. The acquisition brings 1,400 professionals from Intellera, which has main offices in Rome and Milan, into Accenture’s workforce. The multidisciplinary services Intellera extends to its customers include facilitating organizational transformation and navigating access to...
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Austal Drops Hanwha Ocean’s Acquisition Proposal
Austal, a global shipbuilding company and defense prime contractor based in Australia, has rejected a $2.82-per-share acquisition offer from Hanwha Ocean. According to Austal, it considered the proposal with its advisers and concluded that Hanwha may encounter difficulties securing regulatory approvals as part of the acquisition process. In a press release, Austal explained that the...
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UK Regulator Clears Broadcom Plan to Acquire VMware
The Competition and Markets Authority in the U.K. said it has given the green light for U.S.-based computer chip and software maker Broadcom’s acquisition of cloud technology company VMware after determining that the deal does not weaken market competition. Reports said regulators launched an investigation over concerns that the combination of the two technology companies...
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Scan Global Logistics Set to Acquire Portuguese Defense and Government Logistics Company
Scan Global Logistics has signed an agreement to acquire Portugal-based company Freight & Logistics Solutions. The deal is the latest in a series of acquisitions SGL has made in 2023. The multinational logistics provider recently acquired Sand Road Freight, ETS Transport & Logistics, ETS Fulfillment and Belglobe. FLS, founded in 2014, specializes in defense and government...
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Thales Acquires Australia’s Tesserent as It Looks to Strengthen Its Global Cybersecurity Portfolio
French defense and aerospace company Thales has finalized its acquisition of Australian cybersecurity firm Tesserent, a deal that it said will contribute to building its cybersecurity business worldwide. Tesserent’s full suite of cybersecurity solutions and services delivered a 2022 turnover of $117.4 million, making it one of the leading industry players in the country. Its...