Fergie's Tech Blog

QinetiQ Buys Secure-Messaging Company

Alice Lipowicz writes on Washington Technology:

QinetiQ Group plc announced it has completed its purchase of Boldon James Holdings Ltd., a United Kingdom provider of secure messaging solutions for military and government customers.

QinetiQ paid $32 million cash, and plans to pay an additional $8.8 million for the performance of specific criteria. It did not spell out the criteria.

posted by Fergie @ 10/25/2007 06:55:00 PM