Huntington Ingalls Industries Acquires Alion Science and Technology

Siemens Industry Software Acquires Altair Engineering

March 26, 2025

AI & Machine Learning

Siemens has signed an agreement to acquire Altair Engineering Inc. for $113 per share in cash, valuing the deal at about USD 10 billion. The transaction will combine Altair’s simulation, HPC, data science and AI capabilities with Siemens Xcelerator to create a more comprehensive AI-powered industrial software and digital twin portfolio.

Integrated Water Services and Sciens Water Acquire Hyperion International Technologies

March 7, 2023

Infrastructure

Integrated Water Services, in partnership with Sciens Water Opportunities Management (an affiliate of Sciens Capital), acquired 100% of Hyperion International Technologies, a control-systems and engineering services provider for water and wastewater markets. The deal expands IWS’s product and digital services capabilities in modular MBR and wastewater reuse technologies; Hyperion’s General Manager Scott Johnson will lead the business as Al Ouchie transitions to retirement.

African Leadership International Acquires Holberton Inc.

July 13, 2022

Education

African Leadership International (ALI) has entered into an agreement to acquire Holberton Inc., a Silicon Valley-founded, project-based software engineering school. The acquisition will integrate Holberton's advanced technology program into ALI's ALX skills acceleration and placement network to scale training and connect African software engineering talent with global employers.

Industrial Inspection & Analysis Acquires IHI Southwest Technologies

May 11, 2020

Industrial Services

Industrial Inspection & Analysis, Inc. (IIA), a portfolio company of Sunny River Management, has acquired IHI Southwest Technologies, Inc. (ISwT) from IHI Corporation. The acquisition, which closed April 24, 2020, expands IIA's capabilities and reach into the nuclear power generation market; ISwT will rebrand as IIA Nuclear Services and continue operating from San Antonio, Texas.

Titan Acquisition Holdings Acquires Huntington Ingalls' San Diego Shipyard

February 12, 2020

Industrial Services

Titan Acquisition Holdings, a PE-backed ship repair and fabrication platform formed by The Carlyle Group and Stellex Capital Management, has signed an agreement to acquire Huntington Ingalls Industries' San Diego Shipyard. The acquisition expands Titan's ship repair capabilities and geographic footprint in a major U.S. naval port to better serve defense and commercial maritime customers; closing is expected in Q2 and financial terms were not disclosed.

Huntington Ingalls Industries Acquires Fulcrum IT Services

February 26, 2019

IT Services

Huntington Ingalls Industries (HII) acquired Fulcrum IT Services, LLC from private equity owners Boyne Capital and Grindstone Partners for $193 million. Fulcrum, headquartered in Centreville, Virginia, provides IT and government consulting (software development, data analytics, cyber security and advanced engineering) primarily to federal defense, intelligence, education and healthcare customers and will join HII's Technical Solutions division.