CACI International Inc., a multinational professional services and information technology company, has announced its acquisition of Azure Summit Technology for $1.275 billion. This move is aimed at strengthening CACI’s presence in the signals intelligence and cybersecurity market.
Azure Summit Technology, based in Fairfax, Virginia, specializes in providing signals intelligence, electromagnetic spectrum management, and cyber operations solutions to the U.S. intelligence community. Their advanced technology and skilled team have established them as a leader in the industry.
With this acquisition, CACI will be able to enhance its capabilities in delivering advanced intelligence solutions to its government clients. The company’s President and CEO, John Mengucci, stated that adding Azure Summit Technology’s expertise to CACI’s portfolio will allow them to better serve their customers’ evolving needs.
The $1.275 billion deal is expected to be completed by the end of the year, pending regulatory approvals and customary closing conditions. CACI has a history of successful acquisitions, and this latest move is seen as a strategic investment in expanding their presence in the national security market.
This acquisition marks a significant milestone for both CACI and Azure Summit Technology. It will enable CACI to offer a broader range of services and solutions to its clients, while providing Azure Summit Technology with more resources and opportunities for growth.
Overall, this acquisition solidifies CACI’s position as a leading provider of signals intelligence and cybersecurity solutions in the government sector. It highlights the company’s commitment to innovation and excellence in delivering high-quality services to its customers.
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