TMCNet:  CRGT Acquires Guident Technologies

[January 10, 2013]

CRGT Acquires Guident Technologies

Jan 10, 2013 (Close-Up Media via COMTEX) -- CRGT Inc., a provider of full life-cycle IT services and technology solutions, announced that it has acquired Guident Technologies, Inc.

In a release dated Jan. 7, Ramzi Musallam, Managing Partner at Veritas Capital, said, "This is the third acquisition by CRGT in just over two years. We have strategically added highly differentiated capabilities in vital growth segments of the Federal IT marketplace. Both organically and through acquisition, CRGT has expanded its expertise to match the mission-critical growth areas that are transforming the landscape of Federal IT." "In addition to a number of new customers, such as the U.S. Environmental Protection Agency, U.S. Department of Transportation, U.S. Patent and Trademark Office and the U.S. Securities and Exchange Commission, Guident adds exciting new capabilities for CRGT in the area of big data that many of our customers are seeking. Data volume is currently generated at an exponential level and is expected to double every two years with an expected compound annual growth of over 40 percent. Fragmented sources of data continue to complicate the challenge of aggregating, synthesizing and storing that data in an economical fashion," said CRGT CEO and President Tom Ferrando. "The acquisition of Guident will help us provide compelling solutions to manage both structured and unstructured data challenges for our clients, which is the top ranked technology priority within government agencies for 2013." ((Comments on this story may be sent to newsdesk@closeupmedia.com)) -U.S. Army Communications-Electronics Command Selects BAE Systems The U.S. Army Communications-Electronics Command has selected BAE Systems to provide software and systems engineering services under an Indefinite Delivery Indefinite Quantity contract.


In a release dated Jan. 7, the Company said BAE Systems will offer systems and software engineering support for CECOM's Software Engineering Center.

BAE Systems has been selected as one of the prime contractors on the five year, multi-award IDIQ.

"Our team offers C4ISR domain expertise and the global footprint necessary to execute CECOM's software and systems sustainment mission," said DeEtte Gray, president of BAE Systems' Intelligence and Security sector. "From evaluating software capabilities for enterprise cloud computing systems, to integrating mobile cybersecurity solutions for tactical battlefield communications, we are committed to supporting the daily mission of U.S. Army CECOM." ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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