Pair of Maryland cyber acquisition deals start 2017 - Technical.ly Baltimore

Business

Jan. 5, 2017 7:37 am

Pair of Maryland cyber acquisition deals start 2017

Enlighten IT Consulting was acquired, and all-Maryland deal brought VOR Technology and the Sintel Group together.

Inside U.S. Cyber Command.

(Photo by Michael L. Lewis/U.S. Army)

With breaches everywhere, cybersecurity seems poised to stay on the upswing in 2017. And as Maryland looks to become a cyber capital, we’ll be looking for companies making moves.

To start the year, a trio of Maryland companies working in the federal space announced cybersecurity-related acquisition deals on Tuesday.

Linthicum-based Enlighten IT Consulting was acquired by MacAulay-Brown. Terms of the deal were not disclosed, and Bluestone Capital Partners advised EITC in the deal.

Enlighten is a firm focusing on cloud engineering, analytics and big data, that works with the U.S. Department of Defense, as well as intelligence and commercial clients. The company just opened new offices last month. Under the terms of the deal, the company will become a wholly-owned subsidiary of the national security contractor MacAulay-Brown.

EITC is looking to grow its cybersecurity capabilities.

“MacB’s EITC acquisition not only complements our current cybersecurity offerings, but also adds additional engineering capabilities and scale that will have a significant impact on our ability to support National Security customers,” said EITC CEO Shawn Justice, who will now report to MacB CEO Sid Fuchs.

For MacB, it’s the third acquisition in four years.

A separate deal announced Tuesday was all Maryland.

Intelligence tech contractor VOR Technologies made its first acquisition, bringing on Columbia-based Sintel Group, which provides offensive cyber tools and intelligence analysis. Terms were not disclosed.

“Sintel’s strong customer relationships and contract vehicles fit exceptionally well within the VOR Technology structure,” said VOR Technologies CEO Anthony Lawrence.

In the deal, Hanover-based VOR will add 25 employees.

The company has been growing quickly since 2015, when it received a $50,000 loan from the Maryland Department of Commerce. The announcement says VOR has more than 70 employees supporting the U.S. intelligence community.

Advertisement

-30-
LEAVE A COMMENT

Advertisement

Columbia-based Tenable reveals plans to go public

Booz Allen has a new innovation hub in Annapolis Junction

The Cyber Warrior Diversity Program is expanding to more Maryland colleges

SPONSORED

Baltimore

Win up to $360,000 for your startup at the WeWork Creator Awards

Philadelphia or Baltimore Area

Enigma Technologies

Director, Data Acquisition & Strategy

Apply Now
Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now
Baltimore, MD 21201

14 West

Software Trainer

Apply Now

A dozen companies are representing Maryland at a big European cybersecurity conference

Howard County–based Blackpoint Cyber raises $6M

Lifebridge Health says 500,000 patients could be affected by data breach

SPONSORED

Baltimore

How Think|Stack and Year Up are cultivating local tech talent

Baltimore, MD 21201

14 West

Technical Course Specialist

Apply Now
3500 Boston St, Baltimore, MD 21224

SmartLogic

Sales and Business Analyst

Apply Now
Baltimore, MD 21201

14 West

System Engineer

Apply Now

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!