Ultra I&C Acquires Expeditionary Engineering

Eaton Acquires Ultra PCS Limited from Cobham Ultra Group for $1.55 Billion

January 24, 2026

Aerospace & Defense

Eaton has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group for $1.55 billion. The deal brings Ultra PCS’s electronic controls, sensing, stores-ejection and data-processing solutions into Eaton’s Aerospace portfolio to expand capability in mission-critical aerospace and defense systems and is expected to be accretive to Eaton’s Aerospace margins and growth.

Enlightenment Capital and Razor's Edge Make Strategic Investment in Expedition Technology

September 9, 2025

Aerospace & Defense

Expedition Technology has received a strategic growth investment from Razor's Edge and Enlightenment Capital to accelerate the company's AI/ML-powered C5ISR, signals, and geospatial intelligence capabilities. The partnership will support scaling Expedition's offerings to the Intelligence Community and Department of Defense.

Siemens Acquires UltraSoC Technologies

June 23, 2020

Software

Siemens has signed an agreement to acquire Cambridge, UK–based UltraSoC Technologies Ltd., a provider of embedded instrumentation and analytics for system-on-chip (SoC) monitoring, cybersecurity and functional safety. Siemens will integrate UltraSoC into its Xcelerator portfolio within the Tessent product suite to create a unified design-for-lifecycle management solution; the deal is expected to close in Siemens' fiscal Q4 2020 and terms were not disclosed.

Accenture Acquires XtremeEDA to Expand Silicon Design and Edge Capabilities

June 27, 2022

Engineering Services

Accenture has completed the acquisition of XtremeEDA, an Ottawa-based silicon design services firm, adding roughly 40 engineers to bolster Accenture Cloud First's silicon and edge computing capabilities in North America. Financial terms were not disclosed; the deal aims to expand Accenture's specialized semiconductor engineering, verification and hardware security capabilities for clients in consumer devices, cloud/datacenter and AI/ML platforms.

PMC Capital Partners Acquires UniversalPegasus International from Huntington Ingalls Industries

February 3, 2021

Industrial Services

PMC Capital Partners has acquired UniversalPegasus International (UPI) from Huntington Ingalls Industries. UPI, a Houston-headquartered engineering, procurement and construction management (EPCM) firm with roughly 600 employees and an office in Calgary, will be operated as a standalone business to pursue growth in the oil & gas and energy markets.

Cadence Acquires Secure-IC

October 30, 2025

Cybersecurity

Cadence Design Systems has completed its acquisition of Secure-IC, a provider of embedded security IP, security evaluation tools and related services. The deal enhances Cadence’s embedded cybersecurity capabilities and positions the company to better address security and regulatory requirements across end markets such as automotive, aerospace, data center and IoT.