Investment firms Veritas Capital and KKR have agreed to invest in Cotiviti, a provider of data analytics services to health care organizations, to support the latter's commercial expansion and product development efforts. Veritas Capital and KKR will own equal ownership stakes in Cotiviti and allocate capital through their venture capital funds to help accelerate the company's fund growth and technology innovation investments, Cotiviti said Wednesday.

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Affiliates of private equity firms Clayton, Dubilier & Rice and KKR have agreed to acquire Cloudera for approximately $5.3 billion in an all-cash transaction. The acquisition is expected to conclude in the second half of 2021, subject to the approval of Cloudera shareholders, antitrust approval and other customary closing conditions, Cloudera said Tuesday. Jeff Hawn, […] More

Digital twins are tools that create replicas of physical objects so that users can have a better sense of the limits and possibilities of the original device without actually modifying it. Scientists define them as “an attempt to copy all the characteristics of a physical entity into the digital world” and they’re fast on the […] More

David Petraeus, former CIA director and nearly four-decade U.S. Army veteran, has been appointed as a strategic adviser at Semperis, a company that develops enterprise identity protection and cyber resilience products for hybrid and multi-cloud environments. As a member of the Semperis advisory board, the retired Army general will provide guidance on enhancing identity threat […] More

Godspeed Capital Management officially launched Wednesday as a private equity firm that will focus on investing in defense and government services companies in the lower middle market. The firm also partnered with New York City-based East Rock Capital to help carry out its strategy in identifying potential investment opportunities with a focus on buy-and-builds, control buyouts, special situations and corporate carve-outs.

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David Kerko and Katrina McFarland will join Science Applications International Corp.‘s board of directors once SAIC completes its $2.5B all-stock acquisition of Engility, where they currently serve as board members. Their appointments will bring SAIC’s board membership count to 11, the company said Tuesday. McFarland previously held the roles of assistant secretary for acquisition at the Defense […] More

Denver, Colorado-based cybersecurity platforms provider Optiv Security has named Dave DeWalt, formerly CEO of FireEye, and David Petraeus, a retired U.S. Army general, to its board of directors. DeWalt, a 25-year technology industry veteran, will also serve as vice chairman of the board at Optiv, the company said Thursday. DeWalt previously served as president and […] More

Neil Albert serves as vice chairman of MCR‘s board of directors where he oversees strategic growth, business development, community outreach and a number of other company functions. The 26-year company veteran is the former president and CEO and has served in many leadership roles at the McLean,Va.- based firm including VP and director. Albert caught […] More

Dr. Melvin Greer serves as senior fellow and chief strategist for service-oriented architecture and cloud computing at Lockheed Martin, where he brings more than 25 years of experience leading systems and software engineering efforts to the contractor’s advanced technology office. Greer is a principal investigator in advanced research studies, and has dedicated his efforts towards […] More