Boeing acquires small hardware, software engineering firm
- By Mark Hoover
- Jun 27, 2014
Boeing Co. has acquired Ventura Solutions Inc. in a move that boosts Boeing’s information and security capabilities.
Financial terms of the deal were not disclosed.
Annapolis Junction, Md.-based Ventura Solutions, a hardware and software engineering company specializing in custom solutions for federal customers, and its 140 employees will become part of Boeing’s Network and Space Systems business unit.
Ventura is developing REDHAWK, a software-defined radio framework designed to support the development, deployment and management of real-time software radio applications, according to the company’s website. The company also specializes in DSP engineering and system engineering.
According to USASpending.gov, the majority of Ventura's work goes through GSA schedules.
Aronson Capital Partners served as financial advisor to Ventura Solutions for this transaction.
Mark Hoover is a senior staff writer with Washington Technology. You can contact him at firstname.lastname@example.org, or connect with him on Twitter at @mhooverWT.