Jacobs Acquires The Van Dyke Technology Group, Inc.
April 12 2016 - 3:00PM
Business Wire
Acquisition Positions Company as Premier
Provider of Cybersecurity Solutions
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it
acquired The Van Dyke Technology Group, Inc. (Van Dyke), a
180-person cybersecurity firm specializing in identity and access
management, threat mitigation and other cybersecurity solutions for
enterprise networks and cloud-based IT environments.
The terms of the acquisition were not disclosed.
Based in Maryland, Van Dyke provides advanced cybersecurity
services and solutions designed to protect sensitive information
within classified networks, with a focus on supporting the U.S.
Intelligence Community (IC). As a leading provider of identity and
access management expertise, Van Dyke continues to develop data
management technologies that enable seamless and secure information
sharing within demanding environments.
Commenting on the announcement, Jacobs Senior Vice President
Aerospace and Technology Darren Kraabel stated, “I am thrilled to
welcome the Van Dyke team to Jacobs. The unique cybersecurity
solutions developed by Van Dyke strengthen our IT solution
offerings to public sector clients, such as those across the IC and
Department of Defense, and provide a differentiating capability
across our private sector client base. Cybersecurity is a critical
and growing need for clients in every market we serve, particularly
private sector clients who own critical infrastructure in the heavy
process, transportation and industrial manufacturing industries.
Our clients are looking to protect their increasingly
interconnected capital investments.
“This acquisition complements other investments we have made
over the past few years, including our cloud-based technology
solutions; enhanced capability to connect industrial control
systems to enable advanced data analytics; and leading-edge
solutions to protect critical infrastructure – all of which we are
offering under our ‘Connected Enterprise’ service package. Our
objective is to help clients assure system and data integrity,
reduce operating costs, increase productivity and profitability,
improve safety and enhance their business’ agility.”
Jed Van Dyke, CEO of Van Dyke added, “The opportunity to expand
our cybersecurity expertise and solutions across the public and
private sector industries served by Jacobs is tremendous. As an
integrated technology and engineering company with deep customer
relationships across a variety of industries critical to our
national infrastructure, Jacobs is uniquely positioned to enhance
our collective cybersecurity resilience on a truly national, if not
international, scale.
“With a proven record for delivering cutting-edge technology
solutions that drive critical business outcomes, Jacobs represents
a technical, cultural and philosophical fit for the Van Dyke
team.”
Jacobs is one of the world's largest and most diverse providers
of technical, professional and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management’s current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements.
For a description of some of the factors which may occur that could
cause actual results to differ from our forward-looking statements
please refer to our 2015 Form 10-K, and in particular the
discussions contained under Items 1 - Business, 1A - Risk Factors,
3 - Legal Proceedings, and 7 - Management's Discussion and Analysis
of Financial Condition and Results of Operations. We do not
undertake to update any forward-looking statements made herein.
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version on businesswire.com: http://www.businesswire.com/news/home/20160412005941/en/
Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
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