Acquisition Positions Company as Premier Provider of Cybersecurity
Solutions
PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it acquired The
Van Dyke Technology Group, Inc. (Van Dyke), a 180-person cybersecurity
firm specializing in identity and access management, threat mitigation
and other cybersecurity solutions for enterprise networks and
cloud-based IT environments.
The terms of the acquisition were not disclosed.
Based in Maryland, Van Dyke provides advanced cybersecurity services and
solutions designed to protect sensitive information within classified
networks, with a focus on supporting the U.S. Intelligence Community
(IC). As a leading provider of identity and access management expertise,
Van Dyke continues to develop data management technologies that enable
seamless and secure information sharing within demanding environments.
Commenting on the announcement, Jacobs Senior Vice President Aerospace
and Technology Darren Kraabel stated, “I am thrilled to welcome the Van
Dyke team to Jacobs. The unique cybersecurity solutions developed by Van
Dyke strengthen our IT solution offerings to public sector clients, such
as those across the IC and Department of Defense, and provide a
differentiating capability across our private sector client base.
Cybersecurity is a critical and growing need for clients in every market
we serve, particularly private sector clients who own critical
infrastructure in the heavy process, transportation and industrial
manufacturing industries. Our clients are looking to protect their
increasingly interconnected capital investments.
“This acquisition complements other investments we have made over the
past few years, including our cloud-based technology solutions; enhanced
capability to connect industrial control systems to enable advanced data
analytics; and leading-edge solutions to protect critical infrastructure
– all of which we are offering under our ‘Connected Enterprise’ service
package. Our objective is to help clients assure system and data
integrity, reduce operating costs, increase productivity and
profitability, improve safety and enhance their business’ agility.”
Jed Van Dyke, CEO of Van Dyke added, “The opportunity to expand our
cybersecurity expertise and solutions across the public and private
sector industries served by Jacobs is tremendous. As an integrated
technology and engineering company with deep customer relationships
across a variety of industries critical to our national infrastructure,
Jacobs is uniquely positioned to enhance our collective cybersecurity
resilience on a truly national, if not international, scale.
“With a proven record for delivering cutting-edge technology solutions
that drive critical business outcomes, Jacobs represents a technical,
cultural and philosophical fit for the Van Dyke team.”
Jacobs is one of the world's largest and most diverse providers of
technical, professional and construction services.
Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our 2015 Form 10-K, and in
particular the discussions contained under Items 1 - Business, 1A - Risk
Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations. We do not
undertake to update any forward-looking statements made herein.
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Source: Jacobs Engineering Group Inc.