Monday, June 4, 2012

Boeing to acquire eXMeritus - Philadelphia Business Journal:

cicugaha.wordpress.com
which sells secure hardware and software to the government and lawenforcementy organizations, for an undisclosed sum. Executives at Boeing BA) say the purchase will help extend its abilitgy to serve the federakl cyber security andintelligence markets. “The additiob of eXMeritus to our team is a stronvg enhancement to the Boeinv capabilities developed through years of experiencde on secure networks for some of the most complexx systems in nationalsecurity today,” said Boeing Integratex Defense Systems President and CEO Jim Albaugh. Fairfax-basedc eXMeritus is the fourthj company that Boeing will add to its securityand intelligence-related lines of business since 2008.
Last year Boeinh acquired Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-baseed . eXMeritus, founded in 2000, will add fewed than 30 employeesto Boeing’es Integrated Defense Systems’ Network and Space Systems unit. The company’e products are certified and accredited bythe U.S. governmenty to operate on the government’s trusted Boeing said the transaction, expected to closde by the endof June, won’t affect Boeing’x financial guidance. Boeing’s Integrated Defense Systemzs unit, headquartered in St. is a $32 billion business with 70,000 employeesa worldwide.

No comments:

Post a Comment