CACI International (CACI) Acquires Enterprise Modernization and Secure Communications Provider ID Technologies

CACI International Inc (NYSE: CACI) announced today it acquired Ashburn, Virginia-based ID Technologies, an innovative enterprise IT, Infrastructure-as-a-Service, and network modernization provider with NSA-compliant Commercial Solutions for Classified (CSfC) technology. The acquisition of ID Technologies expands CACI’s secure network modernization capabilities with CSfC software equipping U.S. Government workers with modern devices to operate virtually anywhere within essential systems that are vital to national security. Additionally, CACI will leverage ID Technologies’ capabilities in product and engineering solutions to deliver cloud, network, and end-user initiatives to customers.

The combined companies will offer Department of Defense, federal civilian agencies, and Intelligence Community customers with complementary software- and Agile-at-scale solutions that support next generation use cases, including digital transformation, mobile and tactical solutions at the edge, and space. With ID Technologies’ CSfC-compliant solutions, customers can support more dispersed workforces by directly addressing today’s secure network and remote access challenges while also leveraging scalable, repeatable technology to deliver the future of network modernization.

John Mengucci, CACI President and Chief Executive Officer, said, “The joining of our companies enhances CACI's technology for both enterprise and mission customers who require CSfC-compliant device solutions and access to sensitive or classified data from remote locations. With ID Technologies, CACI can accelerate end-user mobility and the use of communication outside of secure government-run facilities using secure software-at-scale. ID Technologies' innovative offerings include Infrastructure-as-a-Service business models making it easy for customers to embrace the technology and positioning CACI to expand the customer portfolio."

Prior to the acquisition, ID Technologies was part of The Acacia Group (“Acacia”) portfolio. Gibson, Dunn & Crutcher served as legal advisors to CACI on the transaction. The acquisition closed on December 29, 2021 with a total purchase consideration of $225 million.

You May Also Be Interested In

• Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
• ContextLogic (WISH) Receives Stockholder Approval of Transaction with Qoo10
• Mondi Says It Does Not Intend To Make An Offer For DS Smith