CACI to buy CMS
- By Michael Hardy
- Jan 01, 1990
CACI International Inc. officials have announced their intention to acquire all of the outstanding shares of CMS Information Services, Inc., an information technology consulting firm specializing in enterprise network solutions, enterprise financial management systems, and software engineering and integration.
CMS, primarily a federal contractor, has about 250 employees, 78 percent of whom have security clearances, according to CACI officials. The company recorded $38.7 million in revenue in 2003.
J.P. (Jack) London, CACI chairman, president, and chief executive officer, said the acquisition will strengthen CACI's own offerings in CMS's areas of expertise.
"We are proud to join the CACI team," said David Lucien, CMS's chairman and CEO, in a statement. "In addition to synergy in our solutions we have a striking correlation in our business cultures and orientation to customer satisfaction."
Terms of the acquisition were not disclosed.