Science Applications International Corporation (SAIC) has signed a definitive agreement to acquire a cybersecurity and management suite provider CloudShield Technologies.
SAIC said that the acquisition will enhance its cybersecurity offering and help it to bring to market DPI offering for high speed networks, enabling it to meet emerging customer requirements in the US federal government and commercial markets.
Founded in 2000, CloudShield provides services management and infrastructure security offerings to service providers and national governments worldwide. The company’s deep packet inspection (DPI) platform and applications enable customers to inspect, analyse and control all network traffic. The platform consists of computer hardware, secure operating systems, application development environments and deployed applications.
Under the acquisition, CloudShield will join the company’s Intelligence and Information Solutions Business Unit, part of SAIC’s Intelligence, Security and Technology Group led by Stu Shea.
Shea said: “We are pleased to welcome CloudShield to SAIC and our cyber team. This acquisition is an integral component of our enterprise cyber strategy and provides us with technology to help build a solid foundation for the development of solution-focused applications.”
Matt Jones, CEO of CloudShield, said: “We are pleased to become a part of SAIC, combining technologies, services and expertise that will enable us to develop more robust offerings for current and future customers.”
The acquisition is expected to close by mid-February 2010, subject to customary closing conditions, including expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
