Sotera Acquires Software Process Technologies, Inc.

  • Aug 10, 2011
Sotera Defense Solutions (Sotera), a provider of mission-critical, technology-based systems, solutions and services for national security agencies and programs of the U.S. government, recently announced that it entered into a definitive agreement to acquire Software Process Technologies, Inc. (SPT) on August 8, 2011. SPT delivers a range of mission-focused, specialized software engineering capabilities to support the cyber intelligence missions of its customers.

John Hillen, Sotera's President & CEO, stated, "SPT, with a strong software engineering pedigree and expertise in content exploitation and defense analytics, combined with its strong culture of innovation, is a natural fit for Sotera and the company's addition is a key element in fulfilling our vision to become a leading mid-size, mission-focused partner for our national security customers. Adding SPT to our team doubles our presence in the Ft. Meade, Md. area and further expands our capabilities in the growing areas of cyber intelligence and cyber operations.  We look forward to leveraging these new capabilities to provide even greater mission support to our customers."

Based in Columbia, Md., the company has grown rapidly and employs approximately 140 professionals in the Ft. Meade, Md. area. The company expects to generate approximately $35 million in 2011 revenue and its outstanding financial performance is driven by its unique solutions focus, leading edge technical expertise and direct exposure to programs addressing the pressing mission requirements of the cyber community.

Christine Dockstader, SPT President & CEO commented, "We are pleased to join forces with Sotera - a mission-oriented and customer focused prime-contractor recognized within the industry for its responsiveness and ingenuity. Our leadership team is excited about the expanded opportunities for all of our employees through the combination with Sotera. Sotera's established expertise in cyber security, counterterrorism and C4ISR are a strong complement to our competencies and will allow us to offer even greater support to existing and future customers."

Terms of the deal were not disclosed and Sotera expects the transaction to close in September 2011. Houlihan Lokey served as the advisor to SPT on the transaction.

SOURCE Sotera Defense Solutions

Featured

  • Pragmatism, Productivity, and the Push for Accountability in 2025-2026

    Every year, the security industry debates whether artificial intelligence is a disruption, an enabler, or a distraction. By 2025, that conversation matured, where AI became a working dimension in physical identity and access management (PIAM) programs. Observations from 2025 highlight this turning point in AI’s role in access control and define how security leaders are being distinguished based on how they apply it. Read Now

  • Report: Cyber Attackers Continue to Turn to AI-Based Tools to Avoid Detection

    Comcast Business recently released its 2025 Cybersecurity Threat Report, a comprehensive analysis of 34.6 billion cybersecurity events detected between June 1,2024 and May 31, 2025. Now in its third year, the report offers business leaders a unique perspective into the evolving threat landscape and provides actionable insights to help organizations strengthen their defenses and align cybersecurity with business risk. Read Now

  • Axis Communications Creates AI-powered Video Surveillance Orchestra

    What if cameras could not only see the world, but interpret it—and respond like orchestra musicians reading sheet music: instantly, precisely, and in perfect harmony? That’s what global network technology leader Axis Communications set to find out. Read Now

  • Just as Expected

    GSX produced a wonderful tradeshow earlier this week. Monday was surprisingly strong in the morning, and the afternoon wasn’t bad at all. That’s Monday’s results and asking attendees to travel on Sunday. Just a quick hint, no one wants to give up their weekend to travel and set up an exhibit booth. I’m just saying. Read Now

    • Industry Events
    • GSX

  • NOLA: The Crescent City

    Twenty years later we finds ourselves in New Orleans. Twenty years ago the aftermath of Hurricane Katrina forced exhibitors and attendees to look elsewhere for tradeshow floor space. Read Now

    • Industry Events
    • GSX
Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.