M&A Deal Summary

General Dynamics Information Technology Acquires VIPS

On July 22, 2008, General Dynamics Information Technology acquired information technology company VIPS from HLTH for 225M USD

Acquisition Highlights
  • This is General Dynamics Information Technology’s 1st transaction in the Information Technology sector.
  • This is General Dynamics Information Technology’s largest (disclosed) transaction.
  • This is General Dynamics Information Technology’s 1st transaction in the United States.
  • This is General Dynamics Information Technology’s 1st transaction in Maryland.

M&A Deal Summary
Date 2008-07-22
Target VIPS
Sector Information Technology
Buyer(s) General Dynamics Information Technology
Sellers(s) HLTH
Deal Type Divestiture
Deal Value 225M USD

Target

VIPS

Baltimore, Maryland, United States
website
ViPS, Inc., an information technology company, provides healthcare data management, analytics, decision support, process automation, and related information technology solutions for governmental and commercial healthcare payers.

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Buyer(S) 1

Buyer

General Dynamics Information Technology

Fairfax, Virginia, United States

website

Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

General Dynamics Information Technology provides information technology (IT), systems engineering, professional services and simulation and training to customers in the defense, federal civilian government, health, homeland security, intelligence, state and local government and commercial sectors.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 General Dynamics Information Technology - Federal Citizen Engagement Centers

Fairfax, Virginia, United States

General Dynamics Information Technology, Inc. - Federal Citizen Engagement Centers is a provider of IT services.

Sell $400M

Seller(S) 1

SELLER

HLTH

Elmwood Park, New Jersey, United States

website

Category Company
Sector Information Services
DESCRIPTION

HLTH Corp. is a provider of health information services, serving consumers, physicians, healthcare professionals, employers and health plans through its public and private online portals and health-focused publications.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 2
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 2 of 3
Year (2008) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-16 Emdeon Business Services

Nashville, Tennessee, United States

Emdeon Business Services is a provider of revenue cycle management and clinical communication solutions that enables payers, providers and patients to improve healthcare business processes. Emdeon Business Services is based in Nashville, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-18 Porex

Fairburn, Georgia, United States

Porex is a developer and manufacturer and distributor of porous plastic products. The company primarily serves the healtcare and surgical end markets, and also supports high-performance applications in the consumer and industrial sectors. Porex was founded in 1961 and is based in Fairburn, Georgia.

Sell $142M
Mergr

Product

Company

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