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

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • 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. 3