Criterion acquires small business, gains Alliant contract
TEM Solutions deal brings lucrative IDIQ contract on board
- By Mark Hoover
- Aug 28, 2013
Criterion Systems has acquired TEM Solutions, and through doing so, has gotten an Alliant small business contract. Financial terms of the deal were not disclosed.
TEM Solutions provides information technology services, primarily software development and infrastructure support, to federal agencies, a Criterion spokesperson said.
The Alliant Small Business government-wide acquisition contract is a multiple-award task order contract awarded to small businesses. So far, $3.5 billion has come from this vehicle, Criterion said.
“The acquisition of TEM and the Alliant Small Business contract helps expand our business base and provides another vehicle to pursue the nearly $500 million worth of opportunities in our current pipeline, said Promod Sharma, Criterion president and CEO.
Mark Hoover is a staff writer with Washington Technology. You can contact him at email@example.com, or connect with him on Twitter at @mhooverWT.