CRGT Inc. has acquired Guident Technologies, Inc., continuing CRGT’s expansion into key technology growth markets and bringing high-end capabilities in big data analytics and business intelligence solutions to CRGT’s existing IT service offerings.
“In addition to a number of new customers, such as the U.S. Environmental Protection Agency, U.S. Department of Transportation, U.S. Patent and Trademark Office and the U.S. Securities and Exchange Commission, Guident adds exciting new capabilities for CRGT in the area of big data that many of our customers are seeking,” said CRGT CEO and President Tom Ferrando. “Data volume is currently generated at an exponential level and is expected to double every two years with an expected compound annual growth of over 40%. Fragmented sources of data continue to complicate the challenge of aggregating, synthesizing and storing that data in an economical fashion. The acquisition of Guident will help us provide compelling solutions to manage both structured and unstructured data challenges for our clients, which is the top ranked technology priority within government agencies for 2013.”
Guident, which provides end-to-end data analytics strategy and planning services, along with data warehouse, data management, and business analytics solutions, has systems engineering capabilities which are highly complementary to CRGT’s existing capabilities.
CRGT, a leading provider of full life-cycle IT services and emerging technology solutions for the Federal Government, and a Veritas Capital portfolio company, is working at the forefront of several key technology market segments, including a geospatial predictive analytics solution for the U.S. Postal Service.
“This is the third acquisition by CRGT in just over two years,” said Ramzi Musallam, Managing Partner at Veritas Capital. “We have strategically added highly differentiated capabilities in vital growth segments of the Federal IT marketplace. Both organically and through acquisition, CRGT has expanded its expertise to match the mission-critical growth areas that are transforming the landscape of Federal IT.”
