Industry News

Deloitte has released its first annual report on mergers and acquisitions activity in the U.S., indicating a generally positive M&A outlook among 2,500 companies and private equity firms over the next two years. Deloitte’s “M&A Trends Report 2014: A comprehensive look at the M&A market” shows 84 percent of corporate executive respondents see a sustained or increased […] More

Many Fortune 500 companies are seeking to hire chief information security officers or board directors who have experience and skills in cybersecurity, Reuters reported Friday. Nadia Damouni writes that Cardinal Health, Deere & Co., JPMorgan Chase, PepsiCo and The United Services Automobile Association are among the firms that are searching data security professionals in order […] More

Alion Science and Technology will help the Defense Threat Reduction Agency develop a boron-coated straw  system to detect dirty bombs and special nuclear materials under a $2.8 million contract. Alion said Thursday that agencies have traditionally used Helium-3 neutron detectors but a shortage of the rare isotope is driving agencies to seek a replacement technology. The company will […] More

IBM and the Philippines’ department of science and technology have collaborated to build a central hub for coordinating emergency response and relief efforts in the event of a natural disaster in the Philippines. The Quezon City-based Intelligent Operations Center was built through the company’s impact grant program and will work to help Philippine government agencies with disaster […] More

The Northrop Grumman-built unmanned aircraft Global Hawk recorded 665 flight hours during exercise and operational activities for the week that ended Feb. 23, 2014. To date, the high altitude long endurance drone has flown more than 110,000 hours to support global missions of the Air Force, Navy and NASA, Northrop said Wednesday. Global Hawk logged 433.8 hours […] More

Red Hat Inc. has opened a new office in Jakarta, Indonesia, in a move to provide open source services to existing and new customers in the country. Red Hat seeks to train local talent and engage local OpenStack and open source developer communities as part of its expansion in Indonesia, Red Hat said May 12. […] More

ICF International‘s London-based subsidiary GHK has adopted the “ICF International” brand in an effort to reflect both the parent company’s and subsidiary’s consulting work in the private and public sectors. GHK has been part of ICF since 2012 and offers advisory services to government organizations, donor agencies and multilateral development institutions, ICF said Wednesday. “Changing the […] More

BlackBridge has received $20.2 million from the Bank of Montreal and the Business Development Bank of Canada to finance the development of the company’s RapidEye+ satellites and the renewal of credit facilities. BlackBridge said Thursday it plans to use the funds for its geospatial product expansion efforts. “We are seeking strong long-term partners as we continue to grow our business, and both […] More

Parsons has completed work on modernizing the Dalma Mall in Abu Dhabi by using a fresh transportation design technology. Parsons worked to design the mall improvements by implementing the diverging diamond interchange approach, the company said Thursday. “The use of the diverging diamond interchange for this project is an example of a successful collaboration between […] More

Siemens is seeking to target data center customers in the Asia Pacific region with its new Mumbai, India-based center, Infotech Lead reported Friday. Philip Krause, data center lead for the center of competence of Siemens, said the CoC is open for Siemens customers in the Asia Pacific region to test the company’s data center products […] More