Earlier this week ManTech International Corporation announced that it is officially acquiring HBGary, headquartered in Sacramento, California. Final closing and asset purchases are scheduled to be finalized by the end of March.
The company will be integrated with ManTech’s cybersecurity practice, specializing in Advanced Persistent Threats (APT) as well as the financial services, energy and critical infrastructure sectors.
“This acquisition enhances our capabilities in the growing cyber security market,” said President and COO of ManTech’s Mission, Cyber L. William Varner. “Our recent hire of Ken Silva, who will lead this new business unit, was instrumental in enabling ManTech to further develop its cyber security strategy. The HBGary leadership team are recognized thought leaders in this market. The combination of ManTech and HBGary will create a broader cyber security solution capability for both our commercial and government customers.”
“ManTech will give HBGary significant and positive growth, expanding our opportunities,” said the CEO of HBGary, Greg Hoglund. “HBGary’s commercial customers will benefit from the addition of ManTech’s world-class incident response services, and ManTech’s government business will be bolstered with a cutting edge set of products to protect mission-critical IT assets.”
“We’re taking steps to expand in new growth markets, just as we have always done,” said ManTech Chairman and CEO George J. Pedersen. “ManTech has a history of taking the skills we have gained in our core business and applying it to new customers and new missions. We look forward to adding HBGary into the ManTech family as we apply our combined cyber capabilities to important commercial customers.”