San Diego, CA-based
Titan Corporationis to acquire
Intelligence Data Systems(IDS), a high-technology and professional services firm supporting the
intelligence community, for $42.5 million in cash.
IDS, a provider of data mining, high-performance computing, data analysis, information fusion, and information sharing technologies will be immediately integrated into one of Titan's existing operating units that primarily serves the intelligence community.
Last month, the $2 billion Titan Corporation pled guilty to violating the anti-bribery and the books and records provisions of the US Foreign Corrupt Practices Act (FCPA) and aiding and assisting in the preparation of a false tax return.
As a result, the company agreed to pay a fine of $13 million to the US Department of Justice (DOJ), and payments to the Securities and Exchange Commission (SEC) of almost $15 million.
First seven members join NG’s Great Grid Partnership
Agreed. It is all pretentious posturing and trite branding with no meaning or gravitas. Prepare to be disappointed by all of these greats/grates.