Data Systems Analysts, Inc. (DSA) announced Aug. 14 it completed an asset purchase agreement to acquire the federal IT services practice of Symbolic Systems, Inc.
The purchase will augment DSA’s U.S. Army Knowledge Management (KM) practice and allow increased scale in a price sensitive market, the company said.
Symbolic Systems is a 48 year old company headquartered in Tinton Falls, N.J. with proficiency in KM, IT services, and data management. DSA and Symbolic Systems started a relationship in the mid-1960s, DSA said.
“We are very excited about the Symbolic Systems acquisition. DSA and Symbolic Systems have worked together for many years which made this acquisition a perfect fit for DSA, both technically and culturally,” Fran Pierce, DSA CEO and chairman of the board, said in a statement.
“The move enables both organizations to extend enhanced Federal IT service offerings to both current and new customers.”
“The government customers, our employees, and respective companies are all winners by what DSA and Symbolic Systems have accomplished. After our long history together, this made sense,” Frank Ponzio, Symbolic Systems’ owner, added.
Concurrently, Robert Wheeler, the former chief operating officer (COO) for Symbolic Systems, joined the DSA leadership as a vice president. Wheeler is to provide leadership for the company’s support of the Program Executive Office for Command, Communications Tactual (PEO C3T) MilTech Solutions Office.
Wheeler has over 20 years of IT and executive management experience and previously supported PEO C3T for over 18 years, DSA said.
DSA’s work with the office will include milSuite, one of the largest SharePoint instances in the Army, the company said.
DSA provides secure information management solutions that encompass program management, knowledge management, business process engineering and security. Services include cyber security, software development, SharePoint solutions, data analytics, and systems engineering and integration, the company said.