CRGT Acquires CIBER's Federal Division
Poster: SySAdmin
Posted on January 23, 2012 at 9:28:01 AM
CRGT Acquires CIBER's Federal Division
CRGT Continues Strategic Growth Plan with M&A activity
RESTON, Va., Jan. 23, 2012 /PRNewswire/ -- CRGT Inc., a leading provider of full life-cycle IT services and expert in emerging technology solutions for the Federal government, announced today that it has signed a definitive agreement to acquire the Federal division of CIBER, Inc. (NYSE: CBR), which is based in Greenwood Village, Colorado. The transaction is expected to close within 90 days. CIBER's Federal division ("CIBER Federal") brings over 25 years of experience supporting the U.S. Federal Government, including a broad base of customers spanning every major federal government agency and various civilian customers. CIBER Federal offers a full spectrum of IT services, solutions, and support to include enterprise architecture, application development, systems implementation and integration, operations support, and security. CIBER Federal has over 1,000 employees in 45 states and 6 countries worldwide.
(Logo: http://photos.prnewswire.com/prnh/20101005/PH76754LOGO )
"We are very excited about the combination of CIBER Federal with CRGT. CIBER Federal brings a broad customer base, a seasoned management team, and an outstanding track record of success providing a wide range of IT and business process services to the Federal Government," said CRGT CEO and President Tom Ferrando. "This acquisition continues our strategic growth plan, positions CRGT to better serve a broader spectrum of the Federal marketplace, and adds unique capabilities that are provided to a diverse customer base." Ferrando concluded, "Among the many synergies and benefits we see in this combination is that both CRGT and CIBER Federal have demonstrated success helping customers become more secure, efficient, mobile, virtual, green and smart. These reflect increasingly important objectives for our customers in the federal market. We look forward to working with all of the CIBER Federal customers, employees, and partners."
CRGT has earned a proud track record of success delivering focused emerging technology solutions for the on-going operation of large-scale, high-volume information technology systems that solve the most challenging problems and connect vital agencies to their large constituencies. The acquisition of CIBER Federal brings numerous new customer relationships and an impressive array of government contract vehicles that extends CRGT's reach throughout the Federal marketplace.
About CRGT Inc.
CRGT is a leading expert in emerging technology solutions for the Federal government. Working as a close partner with government agencies spanning national defense, domestic security and civilian services, CRGT has earned a proud track record of success with integration and operations for large-scale, high-volume solutions that connect these vital agencies to their diverse constituencies. CRGT is best known for programs such as Army Knowledge Online (AKO), an enterprise-scale, cloud-based, knowledge management solution serving over 2.2 million users globally. More broadly, CRGT is known for its work across numerous innovative technology domains, including secure mobile computing, multimedia-rich services, business intelligence and cyber security in support clients such as the Department of Justice, Department of Homeland Security, the U.S. Army, the Veterans Administration, United States Postal Service, Montgomery County, MD and more. Spun out from CherryRoad Technologies in 2008, CRGT is a uniquely positioned, nimble organization that offers customers the flexibility and agility they have valued for over 25 years combined with the strength that comes from being part of the Veritas Capital group. For additional information on CRGT, please visit http://www.crgt.com.
SOURCE CRGT Inc.
Photo:http://photos.prnewswire.com/prnh/20101005/PH76754LOGO
http://photoarchive.ap.org/
CRGT Inc.
CONTACT: John Scott, +1-703-905-1238, jscott@crgt.com
Web Site: http://www.crgt.com
CRGT Continues Strategic Growth Plan with M&A activity
RESTON, Va., Jan. 23, 2012 /PRNewswire/ -- CRGT Inc., a leading provider of full life-cycle IT services and expert in emerging technology solutions for the Federal government, announced today that it has signed a definitive agreement to acquire the Federal division of CIBER, Inc. (NYSE: CBR), which is based in Greenwood Village, Colorado. The transaction is expected to close within 90 days. CIBER's Federal division ("CIBER Federal") brings over 25 years of experience supporting the U.S. Federal Government, including a broad base of customers spanning every major federal government agency and various civilian customers. CIBER Federal offers a full spectrum of IT services, solutions, and support to include enterprise architecture, application development, systems implementation and integration, operations support, and security. CIBER Federal has over 1,000 employees in 45 states and 6 countries worldwide.
(Logo: http://photos.prnewswire.com/prnh/20101005/PH76754LOGO )
"We are very excited about the combination of CIBER Federal with CRGT. CIBER Federal brings a broad customer base, a seasoned management team, and an outstanding track record of success providing a wide range of IT and business process services to the Federal Government," said CRGT CEO and President Tom Ferrando. "This acquisition continues our strategic growth plan, positions CRGT to better serve a broader spectrum of the Federal marketplace, and adds unique capabilities that are provided to a diverse customer base." Ferrando concluded, "Among the many synergies and benefits we see in this combination is that both CRGT and CIBER Federal have demonstrated success helping customers become more secure, efficient, mobile, virtual, green and smart. These reflect increasingly important objectives for our customers in the federal market. We look forward to working with all of the CIBER Federal customers, employees, and partners."
CRGT has earned a proud track record of success delivering focused emerging technology solutions for the on-going operation of large-scale, high-volume information technology systems that solve the most challenging problems and connect vital agencies to their large constituencies. The acquisition of CIBER Federal brings numerous new customer relationships and an impressive array of government contract vehicles that extends CRGT's reach throughout the Federal marketplace.
About CRGT Inc.
CRGT is a leading expert in emerging technology solutions for the Federal government. Working as a close partner with government agencies spanning national defense, domestic security and civilian services, CRGT has earned a proud track record of success with integration and operations for large-scale, high-volume solutions that connect these vital agencies to their diverse constituencies. CRGT is best known for programs such as Army Knowledge Online (AKO), an enterprise-scale, cloud-based, knowledge management solution serving over 2.2 million users globally. More broadly, CRGT is known for its work across numerous innovative technology domains, including secure mobile computing, multimedia-rich services, business intelligence and cyber security in support clients such as the Department of Justice, Department of Homeland Security, the U.S. Army, the Veterans Administration, United States Postal Service, Montgomery County, MD and more. Spun out from CherryRoad Technologies in 2008, CRGT is a uniquely positioned, nimble organization that offers customers the flexibility and agility they have valued for over 25 years combined with the strength that comes from being part of the Veritas Capital group. For additional information on CRGT, please visit http://www.crgt.com.
SOURCE CRGT Inc.
Photo:http://photos.prnewswire.com/prnh/20101005/PH76754LOGO
http://photoarchive.ap.org/
CRGT Inc.
CONTACT: John Scott, +1-703-905-1238, jscott@crgt.com
Web Site: http://www.crgt.com