Tag Archives: merger

Octo and Sevatec Complete Branding Integration; Mehul Sanghani Quoted

Mehul Sanghani

Octo Consulting announced on Tuesday that it has completed its branding integration with Sevatec. The two companies combined in Dec. 2020, to the benefit of both. The merger reinforced crucial customer relationships and increased each company’s capabilities. The companies will immediately begin to operate under the Octo banner. Octo’s transaction with Sevatec illustrates Octo’s remarkable growth. 

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Tyto Athene Completes Acquisition of AT&T Government Solutions, Inc.; Chris Meilhammer Quoted

Tyto Athene

Tyto Athene announced on Thursday that the company has completed its acquisition of AT&T Government Solutions, Inc. (GSI). The acquisition to acquire GSI was announced on March 3rd and terms of the acquisition have not been disclosed. AT&T and Tyto have also agreed to enter into teaming agreements for opportunities in the DoD IT professional services market. 

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Accenture to Acquire Pollux to Advance Robotics, Automation Solutions

Accenture Acquires Glamit

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. 

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NuWave Merges with PCI to Form BigBear.ai; Reggie Brothers Quoted

Reggie Brothers

NuWave Solutions and PCI Strategic Management have merged to form BigBear.ai. BigBear.ai will be led by CEO Dr. Reggie Brothers, former CEO of NuWave, GovCon Expert and 2021 Wash100 Award recipient, and Sean Battle, vice chairman and chief strategy officer, who co-founded PCI and served as CEO. "This combination is a game changer for the industry," said Brothers.

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CGI Acquires HMB’s Professional Services Division to Expand End to End Services

CGI

CGI has acquired Harris, Mackessy & Brennan, Inc.’s (HMB) Professional Services Division, a technology consulting and services division for commercial and government clients. CGI will expand its end to end services for clients. “By merging with the global reach and resources of CGI, the result for clients is a powerful combination that is expected to accelerate profitable growth,” said Bernie Mongilio.

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Sevatec Merges with Octo to Advance Tech Services to Government Partners; Sonny Kakar Quoted

Sonny Kakar

Sevatec has merged with Octo to address technology challenges with innovation, high-touch service and substantial technical and operational resources across the federal government. "Customers are seeking highly specialized, mid-sized technology partners with deep experience in digital modernization, which is exactly what the combination of Octo and Sevatec offers,” Sonny Kakar, founder and CEO of Sevatec, said.

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Accenture Completes N3 Acquisition; Manish Sharma Quoted

Manish Sharma

Accenture has completed its acquisition of N3, a business-to-business (B2B) sales firm specialized in artificial intelligence (AI) and machine learning (ML) capabilities. “Together, our real-time insights will augment decision-making, deepen sales interactions and help our clients achieve sustainable growth. We are excited about the potential of what Accenture and N3 can achieve together,” said Manish Sharma.

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AECOM Moves Global Headquarters to Los Angeles; Troy Rudd Quoted

Troy Rudd

AECOM will relocate its global headquarters from the Century City business district in Los Angeles to downtown Los Angeles, effective January 1, 2021. The company will close its offices at 1999 Avenue of the Stars and consolidate its headquarters and Corporate employees into existing AECOM offices at 300 South Grand Avenue.

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Veritas Capital Completes $5B Acquisition of DXC’s HHS Business; Mike Salvino, Ramzi Musallam Quoted

Ramzi Musallam

DXC Technology has completed the sale of its State and Local Health and Human Services business to Veritas Capital for $5 billion to form Gainwell Technologies.  DXC will use the net proceeds from the cash consideration to strengthen its balance sheet and reduce debt by approximately 3.5 billion dollars. 

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CRA Acquires Security Weekly to Advance Cybersecurity; Doug Manoni Quoted

Doug Manoni

CyberRisk Alliance (CRA) has acquired Security Weekly, an authoritative podcast network serving the cybersecurity community, CRA reported on Tuesday. CRA purchased the company from Defensive Intuition. With the acquisition, CRA will consolidate its best-in-class services that advance collaboration throughout the cybersecurity sector. Security Weekly has produced podcast programs presenting insider’s views on how to develop effective cybersecurity strategies. 

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