SAIC and Its Acquisition Hat Trick
November 29, 2010
SAIC is a reasonably big, low profile outfit. You can get some quick facts at this link or directly from the SAIC Web site at www.saic.com.
Science Applications International Corporation (SAIC) is seems very pleased with itself at buying out three other companies, as reported in “SAIC Acquired Intellectual Property and Other Assets from Three Companies.” We have some curiosity about the deals. The firms are not household names: AppTek Partners, LLC, Applications Technology, Inc. and MediaMind, LLC. Their URLs are not listed in this article.
We’d also like to know why, exactly, SAIC believes this makes them “well positioned for growth in the rising market segment.” Our view is that SAIC needs to ramp up staff quickly and buying these firms deliver bodies, some customers, and maybe some useful technology.
As you may recall, SAIC was the force behind the search system Teratext, a low profile repository approach to managing and accessing data. Just get one of those low- or mid-tier consulting firms to fill you in about Teratext and the source of its underlying technology.
Oh, SAIC does lots of work for various low profile agencies in the US government.
Cynthia Murrell, November 29, 2010
Freebie
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