Sotera Defense Solutions recently said it has agreed to acquire Potomac Fusion, Inc., a small information technology services firm that provides customers in the intelligence community and Defense Department with data fusion, data analytics, cyber and visualization solutions for tactical intelligence, surveillance and reconnaissance (ISR) systems operating in a cloud computing environment.
Terms of the deal, which is expected to close in December, were not disclosed. Potomac Fusion, which is based in Northern Virginia, has more than 200 employees and expects to have $40 million in sales this year.
A Sotera spokesman said the acquisition will give it “new capabilities in the hot growth areas of cloud architecture, big data analytics and tactical ISR, which we believe is a natural complement to the mission IT, intelligence analysis, cyber, C4ISR and force mobility solutions we currently deliver to our national security customers.”
The deal will also add to Sotera’s presence in the intelligence community and DoD.
“Potomac Fusion’s significant expertise in cloud computing architectures, data fusion and data analytics solutions will bolster the broad range of support we can provide to our customers operating on the front lines of cyber warfare, intelligence and tactical ISR,” John Hillen, president and CEO of Sotera, said in a statement.
The Chertoff Group‘s investment banking affiliate Chertoff Capital was the financial adviser to Potomac Fusion on the deal.