Technology integrator Science Applications International Corp. announced it has completed its acquisition of Unisys Federal for $1.2 billion in cash.
First announced Feb. 6, this transaction aims to further differentiate SAIC in the government services market, the company said.
“This is an exciting time for our company as we continue on our transformative journey to become the leading IT modernization provider to the U.S. government,” SAIC CEO Nazzic Keene said. “We are thrilled to welcome approximately 2,000 new colleagues to SAIC.”
“As one organization, we will make a profound difference for our customers through digital transformation,” she continued. “Our people represent some of the brightest minds in our industry, focused on innovation and excellence, delivering high-demand technology-driven solutions to customers.”
A Unisys operating unit, Unisys Federal provides infrastructure modernization, cloud migration, managed services and enterprise IT-as-a-service through scalable and repeatable solutions serving U.S. federal civilian agencies and the Defense Department.
“With compelling financial benefits, including higher growth and profitability profiles, Unisys Federal brings new customers and differentiated solutions in areas of increasing marketing demand,” Keene said. “Following our acquisition of Engility and now Unisys Federal, we are well positioned to take the lead in two of the fastest growing segments in government — space and IT modernization.”