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Veridian Completes Acquisition of Trident Data Systems, MRJ Technology
Solutions and ERIM International
Provides a unique set of end-to-end information assurance technologies
required to protect government agencies and private businesses from
cyber threats
Solidifies market leadership in information technology and security,
and applied science and engineering
Creates a company of more than 4,500 professionals with pro-forma
revenues of $600 million
With the closing of its most recent acquisitions this week, Veridian
Corporation now offers the comprehensive information technology
and protection capabilities needed to guard public institutions
and private companies from the growing dangers presented by cyber-crime,
cyber-terrorism, and hackers. The information security capabilities,
knowledge management tools, and other technologies of Trident Data
Systems, MRJ Technology Solutions and ERIM International, combined
with Veridian's existing competencies, produce a company uniquely
qualified to protect government agencies and private companies from
cyber threats.
The expanded information and infrastructure protection resources
will provide Veridian's government and commercial customers with
direct access to world-class capabilities addressing the most vital
emerging business needs, such as network integrity and e-commerce
security. These capabilities will be especially useful in those
infrastructure areas and markets where Veridian's more than 50 years
of experience and reputation for integrity yield considerable domain
knowledge and leadership.
Veridian now employs more than 4,500 computer scientists and software
development engineers, systems analysts, scientists, engineers and
other professionals serving customers at more than 45 locations
in the U.S. and overseas. The company occupies a leadership position
in the information technology and advanced engineering segments
of the government and commercial markets. Pro-forma revenues for
this privately held company will reach $600 million. Terms of the
transactions were not disclosed.
"The acquisition of these three superb companies MRJ,
Trident and ERIM Internationalrepresents a significant strategic
achievement in our effort to build an unparalleled set of information
security, information technology and advanced engineering solutions
for our government, commercial and international customers,"
said David H. Langstaff, Veridian chief executive officer. "With
the combined knowledge base of Veridian, Trident, ERIM and MRJ,
we have created a unique ability to design, develop, deliver, operate
and maintain trusted information solutions for the network-enabled
future."
While these acquisitions extend Veridian's information assurance
and security, and infrastructure protection capabilities significantly,
they also complement and enhance the company's capacity in other
important markets and business areas. In fact, the transactions
provide comprehensive and complementary capabilities for delivering
full-service information and engineering solutions that include:
Critical infrastructure protection.
Secure network integration.
Information warfare.
Simulation, modeling and training.
Data mining and information fusion.
High-performance computing.
Advanced imaging and sensor technology.
Space systems support.
Aeronautics engineering support
Nuclear, biological, and chemical test and detection.
Human factors engineering.
Intelligent transportation systems.
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