Deltek, a provider of enterprise applications software and offerings for project-focused businesses, plans to acquire INPUT for $60m in an all cash transaction which is expected to close on 1 October 2010.
The addition of INPUT’s opportunity intelligence and business development capabilities to Deltek’s portfolio of government contracting solutions and its govWin network expands Deltek’s product offerings to manage all facets of the government contracting value chain from opportunity identification to project delivery.
INPUT powers an active network of over 30,000 members that collaborate on federal, state and local government opportunities, develop teaming relationships and win new business.
Deltek and INPUT will provide broad range of technology offerings, specialised content and services, all focused on meeting the different needs of government contractors.
INPUT chairman Peter Cunningham said that the company’s services provide a unique combination of content and context (software).
"Deltek’s enterprise software capability, industry expertise, and customer list are completely synergistic with INPUT’s capabilities and customer base, creating a combined organization that no competitor can match," Cunningham said.
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"Our association with Deltek will provide a wonderful opportunity for our 2,100 member organisations to get increased value from our services and for our staff to have an almost unlimited career growth opportunity."
Deltek president and CEO Kevin Parker said, the company is fully committed to investing in INPUT to expand its offerings, deliver new capabilities, and ensure that its customers continue to receive tremendous value from its products and services.
"We also look forward to combining INPUT’s world-class business development and market research capabilities with our existing solutions," Parker said.
"Together, we are now powering the entire government contracting value chain, while providing our customers with the timely, data-driven market research they need to navigate their way to success.
"This move solidifies Deltek’s standing as the premier government contracting solutions provider and thought leader in the market today."
