Combination Creates Next-Generation Mid-Market Company Providing
Cybersecurity, Advanced Analytics and Secure Cloud Computing Solutions
MCLEAN, Va.--(BUSINESS WIRE)--
Technology Inc., a developer of next-generation analytics and cloud
computing solutions, today announced that it has acquired NetCentrics
Corporation, a leader in cybersecurity and network management
solutions for defense and federal customers. The acquisition provides
immediate scale to create a single company capable of driving greater
innovation and positioning itself as a premier high-tech provider,
specializing in big data analytics, cloud computing, real-time threat
assessment, cybersecurity and IT enterprise management for defense,
intelligence and commercial markets. Together, the companies are poised
to leverage a multi-billion dollar market opportunity.
With a revenue of more than $100 million, the companies will effectively
address the top technology growth sectors, including cybersecurity,
analytics, cloud computing, IT infrastructure modernization and secure
mobility solutions. With the Haystax Technology Accelerator and
NetCentrics’ OVO consulting group, the company will continue to focus on
delivering next generation disruptive products and services.
“We have very strong cultural alignment and focus on bringing leading
edge technology to our customer’s most difficult missions by providing
differentiated solutions with innovation and agility,” said William B.
Van Vleet III, CEO of Haystax. “The NetCentrics team has proven
expertise, strong leadership and complementary skills and capabilities.
Their size, scale and infrastructure, along with a strong contract base,
provide a formidable foundation for acceleration of growth in a number
of critical areas.”
"Since founding NetCentrics almost 20 years ago, we’ve worked to offer
top-notch technical solutions to our clients and create a corporate
culture that has strong core values and a commitment to employees,” said
Bob Dougherty, CEO of NetCentrics. “We look forward to extending our
culture to Haystax and building an environment where creative thinking,
imaginative engineering and thoughtful leadership will take our combined
organization to new levels.”
NetCentrics will operate as a wholly owned subsidiary of Haystax,
maintaining its current brand, employee base and customer portfolio.
Together the companies have offices in Northern Virginia; Northern
California; Raleigh, N.C.; and Sierra Vista, Ariz.
Haystax Technology, Inc. provides next-generation intelligence and
analytics solutions that deliver up-to-the-minute situational awareness
and actionable intelligence for government and commercial markets.
Haystax uses a combination of software and human analysis to turn large,
disparate and unstructured data volumes into comprehensive and
actionable information. In essence, these technologies allow users to
find “the needle in the haystack” quickly and reliably. For further
information about Haystax Technology, visit www.haystax.com
or on Twitter @haystaxtech.
for Haystax Technology, Inc.
Ellen Backus, 612-616-2991
Source: Haystax Technology, Inc.