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Article: QinetiQ North America Strengthens Presence in Cyber Security Market Through Acquisition of Cyveillance, Inc.
- Article from:
- PR Newswire
- Article date:
- May 6, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MCLEAN, Va., May 6 /PRNewswire/ -- QinetiQ North America today announced it has signed an agreement to acquire Cyveillance, Inc., a provider of online monitoring technology to identify and track data in cyberspace. This acquisition positions QinetiQ North America well in cyber-intelligence in both the U.S. and International markets. It is in line with QinetiQ North America's strategic focus on key high-value, high-growth segments of the U.S. defense and security market.
Under the terms of the deal, QinetiQ North America will acquire 100 percent of Cyveillance, Inc. in an all cash transaction. There will be potential further consideration depending on the ...