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

Booz Allen Hamilton Acquires Ultra I&C Mission Solutions for $720 Million

June 23, 2026

Cybersecurity

Booz Allen Hamilton completed its $720 million acquisition of Ultra I&C Mission Solutions (Ultra Mission Solutions) from Cobham Ultra Group, an Advent portfolio company. The deal expands Booz Allen’s defense technology platform with Ultra’s mission-critical software, encryption, and edge-compute capabilities, which will be integrated into Booz Allen’s defense technology business.

Airbus U.S. Space & Defense, Inc. to Acquire Ultra Cyber Limited from Ultra Electronics Holdings Limited

March 23, 2026

Cybersecurity

Airbus U.S. Space & Defense, Inc. entered into a definitive agreement to acquire Ultra Cyber Limited from Ultra Electronics Holdings Limited on March 23, 2026. Closing is subject to customary regulatory approvals and is expected in the second half of 2026.

Ultra I&C Acquires Expeditionary Engineering

April 23, 2025

Aerospace & Defense

Ultra Intelligence & Communications (Ultra I&C) has acquired San Diego-based Expeditionary Engineering, a designer and manufacturer of rugged 3U VPX hardware for airborne and expeditionary Department of Defense applications. The deal brings Expeditionary Engineering's SPOC-compliant embedded computing platforms into Ultra I&C's secure communications and software-defined systems to enhance tactical edge processing, command-and-control, and software deployment capabilities.

Eaton Acquires Tripp Lite for $1.65 Billion

January 29, 2021

Electrical Services

Eaton has signed an agreement to acquire Tripp Lite, a Chicago-based supplier of power quality products and connectivity solutions, for $1.65 billion. The purchase expands Eaton's edge computing and single-phase UPS product portfolio and is expected to close mid-2021.

PCS Software Acquires UltraShipTMS

November 19, 2020

Transportation

PCS Software acquired UltraShipTMS to extend its transportation management capabilities into shipper private fleets and create a combined shipper-carrier TMS platform. The deal expands PCS’s SaaS offering for shippers across food, packaging, manufacturing and retail end markets and will integrate UltraShipTMS's optimization and private-fleet capabilities into PCS’s platform.

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.