General Dynamics completed its acquisition of Vangent Holding, the parent company of Vangent, a provider of healthcare information technology and business systems to federal agencies. The cash transaction, valued at approximately $960 million, was announced on August 16 and is expected to be accretive to General Dynamics’ earnings in 2012. Vangent was majority-owned by The Veritas Capital Fund III. Vangent now becomes part of General Dynamics Information Technology, headquartered in Fairfax, Virginia, said General Dynamics in a statement.
General Dynamics Completes Acquisition of Vangent Holding
693 views
Also see:
TransUnion to acquire Neustar for $3.1B
TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.
Uncategorized
Huvr raises $5M
Huvr, a cloud-based industrial asset management solution company, has raised $5 million.
American Express acquires fintech company Kabbage
American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.
AP to equip visual journalists globally with Sony imaging products
Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.
Equifax acquires Ansonia
Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.