Boeing's buy will bolster its C4ISR and cybersecurity portfolio
SMSi is known for data integration framework products
The Boeing Co. is acquiring Solutions Made Simple Inc. (SMSi), a privately held information services provider to the U.S. government and the intelligence community. Financial terms of the acquisition were not disclosed.
Known for its Twister data integration framework products, SMSi's technology allows users to easily extract, share and query information stored in an unlimited number of data sources and applications, according to an announcement by Boeing on July 21.
SMSi will add important vertical content to Boeing's product portfolio for two high-growth markets that are key priorities for our customers: C4ISR and cybersecurity, said John Hinshaw, Boeing’s vice president and general manager of Information Solutions.
"We've worked with SMSi for a number of years and see their team and products as strong complements to our existing capabilities,” he added.
Once the acquisition is completed, the Reston, Va., company and its approximately 65 employees will operate within the Information Solutions division of Boeing's Network & Space Systems business.
The McLean Group represented SMSi in the transaction, which is expected to be completed during the third quarter of 2011.
Boeing Co., of Chicago, ranks No. 3 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.
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David Hubler is senior editor of Washington Technology. Follow him on Twitter: @DavidHubler.