Sotera Acquires Software Process Technologies, Inc.

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

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • Survey: Only 13 Percent of Research Institutions Are Prepared for AI

    A new survey commissioned by SHI International and Dell Technologies underscores the transformative potential of artificial intelligence (AI) while exposing significant gaps in preparedness at many research institutions. Read Now

  • Survey: 70 Percent of Organizations Have Established Dedicated SaaS Security Teams

    Seventy percent of organizations have prioritized investment in SaaS security, establishing dedicated SaaS security teams, despite economic uncertainty and workforce reductions. This was a key finding in the fourth Annual SaaS Security Survey Report: 2025 CISO Plans and Priorities released today by the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment. Read Now

  • Mobile Applications Are Empowering Security Personnel

    From real-time surveillance and access control management to remote monitoring and communications, a new generation of mobile applications is empowering security personnel to protect people and places. Mobile applications for physical security systems are emerging as indispensable tools to enhance safety. They also offer many features that are reshaping how modern security professionals approach their work. Read Now

Featured Cybersecurity

Webinars

New Products

  • 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

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation. 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