News

Deal Announcements

SAIC to Acquire AMTI For Undisclosed Sum

Thursday, November 9, 2006 7:15:00 AM PDT | VentureDeal Staff

SAN DIEGO, CA and MCLEAN, VA --

Science Applications International Corporation (NYSE: SAI) has signed an agreement to acquire Applied Marine Technology Inc., a Virginia-based government contractor in the Homeland Security and national defense markets.  Financial terms were not disclosed.

AMTI employs over 500 people supporting government and private sector customers.  SAIC expects to integrate AMTI with its Intelligence and Security group.

The transaction is scheduled to close in December, 2006, after expiration of the customary waiting periods.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1