IBM’s Chuck Prow on Finalizing Purchase of NISC
IBM (NYSE: IBM) has completed the acquisition of National Interest Security Company, LLC (NISC). Financial terms were not disclosed. The companies had announced a definitive agreement in January to pursue the acquisition.
The business will be integrated into IBM Global Business Services, operating initially as a wholly-owned subsidiary.
IBM’s public sector BAO team works with government agencies utilizing advanced analytics to transform ordinary data into predictive intelligence, helping agencies improve the speed and quality of their decision making.
“With IBM’s analytic and innovation prowess, and NISC’s industry knowledge and experience in defense, healthcare, energy and infrastructure management services, we’ll bring an unprecedented level of service and support to our government clients,” said Chuck Prow, managing partner, public sector, IBM Global Business Services.
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Check out what others are saying about this post...[...] This week’s GovCon M&A activity was headlined by IBM finalizing their deal to purchase NISC. IBM boss Chuck Prow shared his thoughts. [...]