Sotera Completes the Acquisition of Potomac Fusion, Inc.
Poster: SySAdmin
Posted on January 3, 2012 at 8:07:01 AM
Sotera Completes the Acquisition of Potomac Fusion, Inc.
HERNDON, Va., Jan. 3, 2012 /PRNewswire/ -- Sotera Defense Solutions (Sotera), a provider of mission-critical, technology-based systems, solutions and services for national security customers announced that on December 30, 2011 the company completed the acquisition of Potomac Fusion, Inc. Potomac Fusion develops data fusion, data analytics, cyber and visualization solutions for U.S. Intelligence Community (IC) and Department of Defense (DOD) Tactical ISR mission systems operating in a cloud computing environment.
(Logo: http://photos.prnewswire.com/prnh/20110405/PH77108LOGO )
John Hillen, Sotera President & CEO commented, "This business combination is a natural fit - joining two organizations with the same emphasis on agility, ingenuity and integrity and a strong commitment to the national security mission. The addition of Potomac Fusion's expertise in cloud computing architectures, data fusion and data analytics expands the broad range of support we can provide to help our national security customers achieve their missions at home and abroad."
The Chantilly, Virginia-based company was founded in 2002 with a focus on developing software frameworks for data fusion and big data analytics for DOD customers. With the accelerated demand for cloud architectures and data analytics, Potomac Fusion has grown steadily and now has over 200 employees delivering leading-edge cloud architecture and software engineering solutions to the U.S. IC and DOD. The company is projecting revenues of $40 million for 2011.
Potomac Fusion will now be known as Potomac Fusion, a Sotera Defense Solutions Company and will be led by Russell Richardson.
Terms of the deal were not disclosed.
About Sotera Defense Solutions, Inc.
Sotera Defense Solutions, Inc. (Sotera) is an agile, mid-sized national security technology company that delivers innovative systems, solutions and services in support of the critical missions of the Intelligence Community, Department of Defense, Department of Homeland Security and federal law enforcement agencies charged with ensuring the safety and security of our nation. Sotera provides essential counterterrorism, cyber operations, intelligence, C4ISR and force mobility solutions to our customers throughout the national security community. Learn more about Sotera at http://www.soteradefense.com.
Sotera Media Contact
Lauren Peduzzi
t: +1.703.230.8265
e: media@soteradefense.com
SOURCE Sotera Defense Solutions
Photo:http://photos.prnewswire.com/prnh/20110405/PH77108LOGO
http://photoarchive.ap.org/
Sotera Defense Solutions
Web Site: http://www.soteradefense.com
HERNDON, Va., Jan. 3, 2012 /PRNewswire/ -- Sotera Defense Solutions (Sotera), a provider of mission-critical, technology-based systems, solutions and services for national security customers announced that on December 30, 2011 the company completed the acquisition of Potomac Fusion, Inc. Potomac Fusion develops data fusion, data analytics, cyber and visualization solutions for U.S. Intelligence Community (IC) and Department of Defense (DOD) Tactical ISR mission systems operating in a cloud computing environment.
(Logo: http://photos.prnewswire.com/prnh/20110405/PH77108LOGO )
John Hillen, Sotera President & CEO commented, "This business combination is a natural fit - joining two organizations with the same emphasis on agility, ingenuity and integrity and a strong commitment to the national security mission. The addition of Potomac Fusion's expertise in cloud computing architectures, data fusion and data analytics expands the broad range of support we can provide to help our national security customers achieve their missions at home and abroad."
The Chantilly, Virginia-based company was founded in 2002 with a focus on developing software frameworks for data fusion and big data analytics for DOD customers. With the accelerated demand for cloud architectures and data analytics, Potomac Fusion has grown steadily and now has over 200 employees delivering leading-edge cloud architecture and software engineering solutions to the U.S. IC and DOD. The company is projecting revenues of $40 million for 2011.
Potomac Fusion will now be known as Potomac Fusion, a Sotera Defense Solutions Company and will be led by Russell Richardson.
Terms of the deal were not disclosed.
About Sotera Defense Solutions, Inc.
Sotera Defense Solutions, Inc. (Sotera) is an agile, mid-sized national security technology company that delivers innovative systems, solutions and services in support of the critical missions of the Intelligence Community, Department of Defense, Department of Homeland Security and federal law enforcement agencies charged with ensuring the safety and security of our nation. Sotera provides essential counterterrorism, cyber operations, intelligence, C4ISR and force mobility solutions to our customers throughout the national security community. Learn more about Sotera at http://www.soteradefense.com.
Sotera Media Contact
Lauren Peduzzi
t: +1.703.230.8265
e: media@soteradefense.com
SOURCE Sotera Defense Solutions
Photo:http://photos.prnewswire.com/prnh/20110405/PH77108LOGO
http://photoarchive.ap.org/
Sotera Defense Solutions
Web Site: http://www.soteradefense.com