Tag Archives: M&A activity

Accenture has agreed to acquire Pollux, a provider of industrial robotics and automation solutions, to expand Accenture’s capabilities across consumer goods, pharmaceutical and automotive industries. “Automation and human + machine collaboration are digitally transforming manufacturing and supply chain operations to be more flexible, resilient, sustainable and safe, and to better meet ever-changing customer demands,” said Nigel Stacey, global lead for Accenture Industry X. 

Applied Insight has acquired Bridges, a portfolio company of The Acacia Group and provider of cybersecurity, network engineering and big data analytics solutions for the Intelligence Community (IC). Under the transaction, Baird served as exclusive financial advisor to Bridges. “This is a true game changer because it means we can now deliver end-to-end hybrid and multicloud solutions, from infrastructure to actionable insight,” said Dede Dascalu, CEO of Applied Insight.

Kathy Warden, chief executive officer of Northrop Grumman and 2021 Wash100 Award recipient recently addressed how the development of defense technologies will drive industry mergers and acquisition (M&A) activity over the next two decades. Additionally, this development spike will present new entrants in the realm of cyber and artificial intelligence (AI), as well as increase government-industry collaboration.

NuWave Solutions has acquired ProModel Government Services, provider of mission critical predictive and prescriptive analytic software solutions for federal agencies, from the ProModel Corporation. Terms of the transaction were not disclosed. “ProModel Government Services is uniquely qualified to help federal government agencies with their decision making, and help ensure that their processes are more efficient and resources are better managed,” said Dr. Reggie Brothers, CEO of NuWave and GovCon Expert.

This week, Accenture  has announced two new international acquisitions. Accenture reported the acquisition of Zag, a SAP and cloud solutions technology firm based in New Zealand, and entered an agreement to acquire Avenai, an Ottawa-based provider of consulting and technology services. The two international companies will add to Accenture’s growing technology portfolio. 

Hon. Ellen Lord, undersecretary of defense for Acquisition and Sustainment and a 2020 Wash100 Award winner, discussed the Department of Defense’s (DoD) efforts to track the status of the defense industrial base during the COVID-19 pandemic. Lord said the DLA and DCMA help track approximately 20,000 contractors that are working with the Pentagon.

Accenture acquired Symantec’s Cyber Security Services division from Broadcom for undisclosed financial terms pending closing conditions, Accenture announced on Tuesday.

Amazon Web Services (AWS) announced a joint venture with Novaritis (NYSE:NVS) on Wednesday to revamp the pharmaceutical company’s manufacturing, supply and delivery operations.

Jean Stack, a managing director at Baird and 2019 Wash100 Award recipient, offered insight into market trends during the financial services company's annual Government and Defense Conference on Wednesday at the Ritz Carlton in Tysons Corner, Va.

Avaya Holdings Corp. announced on Wednesday that the company has extended its partnership with NVT Phybridge to provide its Long Reach, Single Pair PoE switches for IP modernization.