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SAIC Signs Agreement to Acquire SM Consulting, Inc.

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: 21 March, 2008  (Company News)
Science Applications International Corporation has announced that it has signed a definitive agreement to acquire SM Consulting, Inc. (SMC). Headquartered in Linthicum, Md., SMC provides services in language, intelligence, information technology, management consulting, business process outsourcing, training, and logistics to federal, state and local governments and private industry.
SMC offers extensive domain expertise in linguistic services, providing foreign language translation, interpretation and training services in the defense and intelligence communities. The company is a leading provider on the General Services Administration Language Services schedule, and its training services program is accredited by the nationally recognized Accrediting Council for Continuing Education and Training.

'We have established an ideal relationship with SAIC -- a firm whose corporate values, commitment to the customer, and focus on employees mirror our business philosophies,' said Sheila Heinze, SMC president and chief executive officer. 'This transaction will allow us to provide a broader range of capabilities to support our customer's critical missions. In addition, we believe SAIC will provide our employees greater opportunities for further personal and professional development. We are very pleased to become part of the SAIC team.'

SMC will join SAIC's Mission Integration Business Unit, headquartered in Reston, Va.

'By combining SMC's expertise with that of SAIC, we will offer enhanced capabilities, particularly in language and analytical services, to support the mission-critical programs in the markets we serve,' said John P. Hynes, Jr., SAIC senior vice president and business unit general manager. 'SMC's customer focus and commitment to innovation align well with our mission and heritage. We look forward to welcoming the SM Consulting employees to the SAIC team.'

SMC employs more than 460 people and has offices in Linthicum, Md., Reston, Va., and other U.S. locations.

The acquisition is expected to close by the end of April 2008, subject to customary closing conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
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