IceWeb buys True North Solutions' government business
- By David Hubler
- Nov 02, 2006
IceWeb, a Herndon, Va.-based provider of hosted Microsoft Exchange services, enterprise software and network security services, has acquired the federal government business operations of True North Solutions, a wholly owned subsidiary of American Systems Corp.
According to an announcement from IceWeb, True North’s federal business is a profitable, government-focused information security solutions company that produced $28.2 million in federal sales in 2005.
Financial terms of the sale were not disclosed.
“True North delivers important services to meet the needs of protecting critical assets for our customers,” said John Signorello, chairman and chief executive officer of IceWeb, in the statement. “True North’s customer list represents a Who’s Who of federal government agencies.”
IceWeb will also acquire several vendor relationships with companies such as Secure Computing, F5 Networks and Citrix, a General Services Administration Schedule contract, and a federal agency pipeline for 2006 to 2007, he said.
Key employees from True North will immediately join IceWeb to ensure continuity of ongoing opportunities, Signorello said.
“Our areas of expertise as well as our vendor relationships are complementary and will serve to enhance and elevate our recognition within the federal government marketplace,” said Harold Slover, True North’s director of federal sales. “We believe that this acquisition will enable IceWeb to become the premier network security solution provider for the U.S. government.”
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.