Professional Services Council (PSC) announced Feb. 2 its acquisition of the TechAmerica Foundation, including its Vision Forecast and Conference, Defense Strategic Planning Forum, annual CIO survey and the American Technology Awards. The IT industry trade association, CompTIA, acquired the foundation and those activities when it acquired TechAmerica last spring. The transaction is effective immediately.
“This transaction will enhance PSC’s effectiveness and our ability to deliver greater value to our members,” PSC President and CEO Stan Soloway said. “The TechAmerica Foundation, its programs and research are all highly regarded. Moreover, they naturally align with our mission and our organizational model. As such, there is enormous potential to build on those legacies and we are committed to doing so.”
“As we evaluated our strategic direction, we recognized that the activities of the TechAmerica Foundation could be better served by an organization aligned to maximize the value of these key resources,” CompTIA President and CEO Todd Thibodeaux said. “We committed ourselves to ensuring the future of Vision and the other associated foundation programs and, even more importantly, to doing all we could to support the terrific people associated with the foundation and its work. We are pleased that PSC was able to take on these programs, which will benefit the members that are part of the sector. This transaction is the ideal fit to continue these signature programs.”
The TechAmerica Foundation is known for its annual Vision Forecast and Conference, and conducts a widely read annual survey of federal chief information officers, hosts a major technology awards dinner and has convened numerous research projects to examine critical technology issues within the federal sector. All of those activities will continue under PSC.
“PSC’s mission is to be the most effective and valued resource for the federal technology and professional services sector,” Soloway said. “This transaction brings us another step closer to achieving that goal. We greatly appreciate that CompTIA, like PSC, came to the table committed to finding a solution that is in the best interests of our collective memberships.”