Wednesday, October 27, 2004

SAIC Acquires Systems Engineering Firm

San Diego-based Science Applications International Corporation (SAIC) announced that it has acquired a Washington DC-based systems engineering firm, Presearch Incorporated. The defense giant will combine Presearch's naval systems engineering and data mining expertise with SAIC's own practices. SAIC said that all of Presearch's 150 employees will join SAIC's Research and Intelligence group. Terms of the acquisition were not disclosed.