Ciber closes Knowledge Systems acquisition

Ciber Inc. has completed its acquisition of Knowledge Systems Private Ltd., the company announced this week.

Ciber of Denver paid about $2.5 million cash for all of the outstanding shares of the Bangalore, India-based company. The agreement also calls for an earn-out provision of $600,000 that can be achieved over two years.

The acquisition will further enhance Ciber's ability to deliver service around the globe and meet the demands of its growing offshore work, said Mac Slingerlend, Ciber's president and chief executive officer.

Knowledge Systems is a professional services firm specializing in custom application development.

Ciber, a provider of systems integration and consulting services for the commercial and government sectors, has about 8,000 employees and annual sales of $975 million. The company ranks No. 94 on Washington Technology's 2005 Top 100 list, which measures federal contracting revenue.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.