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CACI Announces Intent To Acquire TechniGraphics, Inc.

October 19th, 2010 elifemagz Leave a comment Go to comments

ARLINGTON, Va. – (Business Wire) CACI International Inc (NYSE: CACI) voiced currently that it has sealed a decisive consent to pick up TechniGraphics, Inc., a heading provider of imagery and geospatial services, inclusive digital maps, to the U.S. Intelligence Community. TechniGraphics’ products form the basement for comprehension analysis, army functional planning, catastrophe comfort planning, and operations and other mapping requirements. This merger solidifies CACI’s competency in the mission-critical comprehension space and sustains a long-term undertaking to complex comprehension solutions. Closing is expected by November 1, 2010.

Founded in 1982, TechniGraphics is a 450-person firm headquartered in Wooster, Ohio, with extra locations in Fort Collins, Colorado and Madrid, Spain. TechniGraphics provides mission-essential geospatial data, services and solutions. They have renowned themselves on long-term contracts by energetic management, high quality production, and foreword of egghead skill to complement IT solutions. TechniGraphics has a seasoned administration group with elegant insights in to elaborating needs and capabilities inside of supervision and industry. Their rarely created recruiting and practice model attracts well-developed gift that is then lerned at “TechniGraphics University.” Approximately 85 percent of the 426 employees retain safety clearances and the company’s principal customers are the U.S. Intelligence Community, Department of Defense, Department of Homeland Security, and associated governments. TechniGraphics’ income in monthly calendar year 2010 is expected to be $46 million. The merger is expected to be completely accretive to CACI’s gain per share during its initial 12 months.

Acquisition of TechniGraphics furthers CACI’s plan to blossom and deposit in capabilities that offer the comprehension market. Key elements of this plan are to variegate CACI’s work and offerings inside of the Intelligence Community, concentration on core comprehension assignment areas with specific stress on those that are enduring, and rise capabilities in marketplace segments adjoining to those where CACI has a presence. TechniGraphics increases CACI’s already burly participation in this auditorium and adds an necessary geospatial component to its core competencies.

CACI President of U.S. Operations Bill Fairl said, “We are gratified to publicize our vigilant to bring TechniGraphics, Inc. in to CACI. Their burly income expansion is a coherent protest of their high quality performance, glorious care and rarely veteran workforce. The company’s enlightenment and stress on their customers’ assignment success creates them a best fit for CACI.”

Paul Cofoni, CACI President and Chief Executive Officer, stated, “Acquisition of TechniGraphics creates CACI a prominent provider of geospatial information is to Intelligence Community and those it serves. This pierce in to a core comprehension assignment area affirms our undertaking to providing and office building world-class comprehension capabilities and builds on more than a decade of experience providing end-to-end comprehension solutions for our supervision patron base. We look deliver to integrating TechniGraphics in to CACI and optimizing expansion opportunities in imagery and geospatial products and services is to Intelligence Community and other patron spaces.”

CACI provides veteran services and IT solutions indispensable for defense, intelligence, homeland security, and IT modernization and supervision transformation. We deliver craving IT and network services; data, information, and ability administration services; business network solutions; logistics and material readiness; C4ISR formation services; cyber solutions; integrated safety and comprehension solutions; and module administration and SETA encouragement services. CACI services and solutions help our sovereign customers give for national security, upgrade communications and collaboration, secure the honesty of information systems and networks, complement information gathering and analysis, and enlarge effectiveness and assignment effectiveness. CACI is a associate of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides energetic careers for roughly 12,900 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at and .

There are statements done herein that do not residence chronological facts, and thus could be interpreted to be forward-looking statements as that tenure is tangible in the Private Securities Litigation Reform Act of 1995. Such statements are theme to factors that could result in real results to deviate materially from expected results. The factors that could result in real results to deviate materially from those expected include, but are not paltry to, the following: informal and national mercantile conditions in the United States and the United Kingdom, inclusive conditions that result from a enlarged recession; militant actions or war; changes in fascination rates; banking fluctuations; poignant fluctuations in the equity markets; changes in our efficient taxation rate; gratefulness of fortuitous consideration in connection with business combinations; failure to accomplish stipulate awards in connection with recompetes for present business and/or contest for new business; the risks and uncertainties associated with client fascination in and purchases of new products and/or services; one after another appropriation of U.S. supervision or other open zone projects, formed on a change in spending patterns, or in the eventuality of a priority need for funds, such as homeland security, the fight on terrorism or rebuilding Iraq, or an mercantile impulse package; supervision stipulate buying (such as bid protest, tiny business set asides, loss of work due to organizational conflicts of interest, etc.) and close risks; the results of supervision investigations in to allegations of unsuited actions connected to the provision of services in encouragement of U.S. army operations in Iraq; the results of supervision review and reviews conducted by the Defense Contract Audit Agency or other bureaucratic entities with responsive oversight; the insourcing of executive positions by the government; individual business decisions of our clients; model shifts in technology; aggressive factors such as pricing pressures and/or contest to sinecure and retain employees (particularly those with safety clearances); marketplace conjecture concerning our one after another independence; material changes in laws or regulations germane to our businesses, quite in connection with (i) supervision contracts for services, (ii) outsourcing of actions that have been achieved by the government, and (iii) contest for charge orders beneath Government Wide Acquisition Contracts (“GWACs”) and/or report contracts with the General Services Administration; the ability to confederate the operations of our new acquisitions; our own ability to accomplish the objectives of nearby tenure or long operation business plans; and other risks described in the Company’s Securities and Exchange Commission filings.

CACI International IncCorporate Communications and Media:Jody Brown, Executive Vice President, Public Relations703-841-7801.(JavaScript contingency be enabled to perspective this email address) orInvestor Relations:David Dragics, Senior Vice President, Investor Relations866-606-3471.(JavaScript contingency be enabled to perspective this email address)

Source : Directions Magazine