Author: Jane Edwards|| Date Published: March 17, 2020
Nazzic Keene
Science Applications International Corp. (NYSE: SAIC) on Friday finalized its purchase of Unisys’ (NYSE: UIS) federal arm for approximately $1.2B in cash as part of efforts to expand the delivery of digital transformation support to the U.S. government.
Nazzic Keene, CEO of SAIC and a 2020 Wash100 award winner, said in a statement published Monday the acquisition comes as the company continues on its journey to become a leading information technology modernization services provider to government agencies.
“We are thrilled to welcome approximately 2,000 new colleagues to SAIC,” Keene said. “As one organization, we will make a profound difference for our customers through digital transformation.”
The completion of the acquisition first announced in early February came a day after the expiration of the required waiting period for the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
