DELRAY BEACH, Fla.—Communicate, communicate, communicate. That was the primary advice from two integrators and two specifiers who spoke on a panel Tuesday at TechSec Solutions here on the topic of how integrators and consultants can work most effectively together. Other advice included thorough vetting of integrators during the pre-specification phase to make sure they have the experience and expertise to successfully complete the project.
PALM SPRINGS, Calif.—With the official close of the Kratos/Henry Brothers deal on Dec. 15, the integration of Henry Brothers is underway and Jim Henry, former owner of Henry Brothers, will attend the Kratos’ annual management off-site meeting which kicks off here today.
SAN DIEGO—Kratos Defense & Security Solutions announced Dec. 16 that it has completed its acquisition of Henry Bros. Electronics. Under the terms of the transaction, HBE stockholders will receive $8.20 in cash for each share of HBE common stock they own.
FAIR LAWN, N.J.—The price that Kratos Defense and Security Solutions will pay for Henry Bros. Electronics went up this week, from $7 per share to $8.20 per share, as the result of a rival offer from Diebold.
Henry Bros. and Kratos on Oct. 6 announced a $45 million merger agreement.