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SAIC Acquires CloudShield; Boosts Cybersecurity

Science Applications International Corp. (SAIC) has announced the acquisition of CloudShield Technologies, Inc., a cybersecuirty and management solutions provider.

Cloudshield will boost SAIC’s cybersecurity capabilitiesCloudShield will operate within SAIC’s Intelligence and Information Solutions Business Unit, part of SAIC’s Intelligence, Security and Technology Group headed by Stu Shea.  

“We are pleased to welcome CloudShield to SAIC and our cyber team, ” said Shea. “This acquisition is an integral component of our enterprise cyber strategy and provides us with technology to help build a solid foundation for the development of solution-focused applications.”

The acquistion is on schedule to be finalized by mid-February. 

“As the technological landscape becomes more complex, our customers need to identify new ways to manage high-bandwidth IP-based data services. The increasing demands of file sharing, steaming videos and other services on existing infrastructure are driving the sales of our solutions, ” said Matt Jones, CEO of CloudShield. “We are pleased to become a part of SAIC, combining technologies, services and expertise that will enable us to develop more robust solutions for current and future customers.”

Terms of the deal were undisclosed.

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