M&A

Qualys reaches initial deal to acquire Second Front

Silicon Valley cloud computing company Qualys has entered a non-binding agreement to acquire Arlington, Virginia-based IT consulting firm Second Front Systems to further build domain expertise in the federal marketplace.

Terms of the transaction were undisclosed and both parties will need to enter definitive agreements before they can proceed on the deal. Qualys said Monday it could close the transaction in either the third or fourth quarter of this year pending those agreements being reached, regulatory approvals and other closing conditions.

Second Front Systems would operate as an independent subsidiary within Qualys’ federal division, which is seeking to increase its footprint with agencies in the defense, intelligence and law enforcement communities.

Second Front advises other technology companies that want to offer their product or other service to national security agencies. They are in Qualys’ channel partner network to deliver services to federal agencies that use the Qualys Gov Platform.

Government-backed organizations such as In-Q-Tel and the Army Venture Capital Initiative have made investments in Second Front, which partners with other venture-backed commercial companies.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our July 12 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. 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.