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.