Stanley snaps up Techrizon
Stanley Inc. acquired Techrizon LLC in a move designed to strengthen its offerings to military customers.
Stanley Inc. acquired Techrizon LLC, a provider of software, training, simulation and information security solutions, in a move designed to strengthen its offerings to military customers.
The two companies, which provide complementary information technology services, together will offer an expanded suite of solutions for their combined customer base, Stanley officials said.
The acquisition reinforces Stanley's strategy to expand its presence in markets positively influenced by the Base Realignment and Closure process.
Techrizon of Lawton, Okla., has annual revenues of about $29 million and 300 employees in Oklahoma, Georgia, New Jersey, Virginia, Washington, South Korea and Iraq, who support the Army's Communications-Electronics Life Cycle Management Command, Joint Fires Center of Excellence and the Field Artillery School.
Stanley of Arlington, Va., has more than 2,400 employees and ranks No. 58 on Washington Technology's 2006 Top 100 list of the largest federal IT contractors.
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