Home / M&A Activity / Arlington Capital Partners Merges EOIR With Proteus Technologies, Intelligent Software Solutions to Form Polaris Alpha

Arlington Capital Partners Merges EOIR With Proteus Technologies, Intelligent Software Solutions to Form Polaris Alpha

big data2Arlington Capital Partners has established a new company known as Polaris Alpha after the Washington-based private equity firm merged its portfolio company EOIR Technologies with cybersecurity firm Proteus Technologies and data analysis platforms provider Intelligent Software Solutions.

Polaris Alpha will work to provide software and other technology platforms across ground, maritime, aerial, space, electromagnetic spectrum and cyber domains in support of clients in the defense and intelligence communities, Arlington Capital said Monday.

Polaris Alpha has more than 1, 100 employees and is expected to generate approximately $250 million in revenue for 2017.

“EOIR, ISS and PROTEUS bring together complementary technologies and diverse customers that enable cross-selling of capabilities in high demand areas of the DoD and Intelligence Communities such as advanced analytics, big data and cyber, ” said Pete Cannito, CEO of Polaris Alpha.

Arlington Capital acquired Fredericksburg, Virginia-based big data analytics and cloud platforms provider EOIR Technologies in June two months after it purchased and renamed iRobot‘s (Nasdaq: IRBT) defense and security segment to Endeavor Robotics.

Check Also

Honeywell Awarded $111M to Provide Hardware for Army Tank Engine Overhaul

Honeywell (NYSE: HON) has received a potential $110.9M contract modification to provide hardware required to overhaul engines that power the U.S. Army's Abrams tanks. Services under the contract are intended to address Advanced Gas Turbine 1500 production requirements at Anniston Army Depot and support field repair efforts under the Total Integrated Engine Revitalization program, the Department of Defense said Thursday.

Amyx Secures $105M in DHA Program, Acquisition Support Contracts

Amyx has won a pair of fixed-price contracts worth $104.7M combined to support procurement and program management functions at the Defense Health Agency.