Home / M&A Activity / Tetra Tech Purchases IT Services Contractor Indus in Data Analytics Market Push

Tetra Tech Purchases IT Services Contractor Indus in Data Analytics Market Push

big data2Pasadena, California-based engineering services contractor Tetra Tech (NASDAQ: TTEK) has purchased information technology services contractor Indus Corp. for an undisclosed sum in a push to expand footprints in markets such as data analytics and geospatial analysis.

Vienna, Virginia-headquartered Indus has become a part of Tetra Tech’s water, environment and infrastructure business segment as a result of the transaction announced Monday.

“Integrating Tetra Tech’s top-ranked water management consulting experience with INDUS’s spatial and water information management capabilities expands our services for key clients such as the U.S. Environmental Protection Agency, ” said Tetra Tech CEO Dan Batrack.

“It is an extraordinary opportunity for us to join a firm that broadens our IT technical capabilities focused on data analytics, cloud provisioning, and mobility services for projects across Tetra Tech’s end markets, ” Indus CEO Shiv Krishnan said.

Indus has more than 150 employees and holds positions on IT product and services contract vehicles such as the Air Force‘s NETCENTS-2 and the National Institutes of Health‘s CIO-SP3.

Check Also

KBR Subsidiary Lands Potential $128M NOAA Observation Network Mgmt Support IDIQ

KBR’s (NYSE: KBR) Stinger Ghaffarian Technologies subsidiary has secured a potential five-year, $128.4M contract to provide data processing and technical services for a National Oceanic and Atmospheric Administration network system used to process Earth observation data.

Raytheon Awarded Potential $353M Navy Contract for Rolling Airframe Missile Components

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system. The contract includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.