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Cybersecurity acquisition as CACI agrees to buy SystemWare

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CACI International
: 20 January, 2010  (Company News)
By acquiring SystemWare, CACI is positioning itself in the Government cyber security and counter intelligence software markets
CACI International has signed a definitive agreement to acquire SystemWare. SystemWare designs, manufactures, and provides state-of-the-art signals acquisition and analysis systems that enable users to monitor and detect cybersecurity and physical security vulnerabilities and enhance operational security. Closing is anticipated by February 1, 2010.

Founded in 1988, SystemWare is headquartered in Camarillo, California, near CACI’s Oxnard facility, with East Coast operations directed from Elkridge, Maryland, where CACI also has a strong presence. More than half of the company’s employees hold Secret-level security clearances and above, and its clientele includes the Department of Defence (DoD), the Intelligence Community, federal civilian agencies, and US allies. SystemWare solutions include proprietary technologies that combine advanced software and analytical toolsets with cutting-edge, customisable hardware configurations to deliver industry-leading counterintelligence systems. Its quality management system has been awarded ISO 90002:2000 certification, assuring clients of high-quality software development. SystemWare’s revenue in calendar year 2009 was $16 million. The acquisition is expected to be accretive to CACI’s earnings per share during its first 12 months.

CACI President of US Operations Bill Fairl said, “CACI is pleased to announce our intent to bring SystemWare into the CACI family. As both a company and individual employees, SystemWare has an enviable, 20-year track record of dedicated national service. They will be a good match with our CACI culture of quality and excellence, and will expand CACI’s ability to offer comprehensive and integrated solutions for our clients’ most critical missions.”

Paul Cofoni, CACI President and Chief Executive Officer, stated, “Our intent to acquire SystemWare demonstrates CACI’s continuing leadership as a strategic consolidator. We are committed to strategic growth that enhances national security, expands CACI capabilities, enhances our shareholder value, and increases our presence in important and well-funded markets.”

SystemWare Chief Executive Officer Kelly Dunn said, “We are very enthusiastic about joining the CACI team. We believe SystemWare is a great fit with CACI, and our solutions will complement CACI’s ability to provide additional offerings to our combined client base. At the same time, CACI’s deep resources will enable us to expand our current support while sustaining the excellence on which we have built our company.”

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