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M&A Activity

By Light to Acquire Cole Engineering Services; Bob Donahue Quoted

By Light Professional IT Services announced a definitive agreement to acquire Cole Engineering Services, Inc. (CESI) on Thursday. The terms of the acquisition have not been disclosed at this time. The transaction is subject to the approval of CESI shareholders and normal regulatory approvals and is expected to close in the fourth quarter of 2019.

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Deloitte, Oracle Collaborate to Accelerate Customer Innovation Through Oracle Cloud

Oracle Consulting and Deloitte announced on Monday that the two organizations are forming a strategic sales and delivery collaboration called “ELEVATE” to focus on accelerating customer innovation by helping them to rapidly migrate and manage workloads with Oracle Autonomous Database and Oracle Cloud Infrastructure.

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Pentagon to Free Up $3.6B to Support 11 Border Barrier Construction Projects; Jonathan Hoffman Quoted

Jonathan Hoffman, assistant to the secretary of defense for public affairs, said the Department of Defense has identified 127 domestic and overseas military construction projects that could be postponed to free up $3.6B in funds to support barrier projects at the southern U.S. border, DoD reported Wednesday.

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