Jacobs Acquires Blue Canopy; Expands Data Analytics and Cybersecurity Services
August 31 2017 - 5:13PM
Business Wire
Acquisition further enhances Jacobs Connected
Enterprise (JCE) solutions
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it has
acquired Blue Canopy, a data analytics, cybersecurity and
application development firm, as part of ongoing investments to
expand Jacobs Connected Enterprise (JCE) solutions. JCE offers
digital solutions to connect critical infrastructure, analyze data
to optimize operations and protect that data and associated
infrastructure from internal and external threats. The terms of the
acquisition were not disclosed.
Blue Canopy, a 2016 GovCon Contractor of the Year award winner,
specializes in customized cybersecurity, data analytics and
application development solutions for the Federal civilian
financial, education, and healthcare sectors as well as the defense
and intelligence communities. Their Security Operations Center
solutions garnered top Federal Government cybersecurity program
awards for the Federal Deposit Insurance Corporation (FDIC) and
Centers for Medicare & Medicaid Services (CMS). Additionally,
their data analytics solutions have received top awards from the
Department of Homeland Security and National Science Foundation.
The company has 450 employees and reported $104 million in revenue
in 2016.
“We welcome the Blue Canopy team to Jacobs and the capabilities
they bring to the table to help our clients work smarter while
being safer and more secure,” said Jacobs Aerospace and Technology
Senior Vice President Darren Kraabel. “When discussing digital
solutions with our public and private sector clients, we encounter
two recurring themes. First, the need to deliver data visualization
and analytic solutions that allow operators to quickly identify
areas for improvement and unlock the power of the data. Second, the
need for comprehensive cybersecurity solutions that span the
spectrum of compliance to managed services to forensics and
resiliency. Blue Canopy brings solutions in all these areas to
expand Jacobs’ capabilities.
“Blue Canopy also expands our client base into the federal
civilian financial and healthcare sectors, as well as broadening
our market penetration across the intelligence community. Every
element of this investment supports our growth strategy,” added
Kraabel.
“Combining Blue Canopy’s technology enabled solutions with the
Jacobs Connected Enterprise will accelerate client adoption around
automation, analytics and innovation in commercial, civilian and
national security markets,” said CEO of Blue Canopy Brad Schwartz.
“Our complementary capabilities in cybersecurity, data analytics
and cloud practice will make us a driving force in the market and
allow us to bring new solutions to Jacobs’ existing customer base.
Without a doubt, the combination is both compelling and
powerful.”
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 Form 10-K for the year ended September 30,
2016, 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/20170831006410/en/
Jacobs Engineering Group Inc.Salim Rahimi, 214-583-8428
Jacobs Engineering (NYSE:JEC)
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