Hello, Guest!
  • Friday, November 22, 2024
Photo from Amyx Official Website

Tetra Tech Buys Amyx to Expand Federal IT Business; William Schaefer, Dan Batrack Quoted

Tetra Tech (Nasdaq: TTEK) has acquired Reston, Virginia-based management consulting firm Amyx for an undisclosed sum as part of efforts to expand its cybersecurity and enterprise technology service offerings.

Tetra Tech said Thursday Amyx will become part of its government services group as a result of the transaction.

“The addition of Amyx to our Federal Information Technology Division enables us to expand the use of advanced data analytics, cybersecurity, digital transformation, and agile software development solutions for our government and commercial customers,” said Dan Batrack, chairman and CEO of Tetra Tech.

William Schaefer, president and CEO of Amyx, said the transaction will enable the company to gain access to Tetra Tech’s contract vehicles and global platform.

“Leveraging Tetra Tech’s expertise in areas such as Artificial Intelligence and experience supporting customers with very similar mission needs to our own, not only creates more value for our clients, but also establishes exciting opportunities for our employees to grow professionally,” Schaefer added.

Video of the Day

Related Articles

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted M&A Activity

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted

IBM (NYSE: IBM) has agreed to acquire HashiCorp (Nasdaq: HCP) for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities designed to help organizations automate their multicloud and hybrid cloud environments amid the rapid deployment of artificial intelligence technologies. IBM said Wednesday the boards of directors

SAIC’s Jay Meil on Joint Warfighting & AI Artificial Intelligence

SAIC’s Jay Meil on Joint Warfighting & AI

Joint warfighting is a major focus for the Department of Defense as it works to adapt to the challenges of the modern battlefield, a constantly shifting landscape in which success is determined by data and digital capabilities. Interested in getting a comprehensive look into the intricacies of joint warfighting initiatives? The Potomac Officers Club’s Joint Coalition

Microsoft Federal’s Jason Payne on Tackling Cloud Security Challenges With Zero Trust, AI News

Microsoft Federal’s Jason Payne on Tackling Cloud Security Challenges With Zero Trust, AI

Jason Payne, chief technology officer at Microsoft Federal, said implementing zero trust, artificial intelligence, machine learning and other emerging technologies and techniques could help government agencies address threats to cloud environments. In an article published in Carahsoft.com, Payne wrote that zero trust enables agencies to prevent unauthorized access, implement granular security policies and block lateral