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  6. Exelis Acquires Celestech

M&A Deal Summary

Exelis Acquires Celestech

On June 12, 2014, Exelis acquired information technology company Celestech

Acquisition Highlights
  • This is Exelis’ 1st transaction in the Information Technology sector.
  • This is Exelis’ 3rd transaction in the United States.
  • This is Exelis’ 1st transaction in Virginia.

M&A Deal Summary
Date 2014-06-12
Target Celestech
Sector Information Technology
Buyer(s) Exelis
Deal Type Add-on Acquisition

Target

Celestech

Chantilly, Virginia, United States
Celestech, Inc., is a technology development and engineering firm. Celestech develops tailored technical solutions for government and commercial customers, with specific expertise in advanced signal processing and communications systems. The company provides engineering services and product development for next generation satellite and terrestrial wireless solutions.

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Buyer(S) 1

Buyer

Exelis

McLean, Virginia, United States
Category Company
Founded 2011
Sector Information Technology
Employees17,200
Revenue 4.8B USD (2013)
DESCRIPTION

Exelis, Inc. is a global aerospace, defense and information solutions company. Exelis is a provider in positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems, and focused on strategic growth in the areas of critical networks, ISR and analytics, electronic warfare and composite aerostructures.

DEAL STATS #
Overall 5 of 6
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: Virginia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2014 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-31 C4i Pty.

South Melbourne, Australia

C4i Pty. Ltd., provides advanced communications software that supports mission critical communications for a range of applications including air traffic management, defense, public safety, mining and homeland security.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Barco Orthogon

Bremen, Germany

Barco Orthogon GmbH is a provider of applications for air traffic flow management and decision making to airport operators and air navigation service providers (ANSPs) globally.

Buy -
Mergr

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