KEYW plans Poole acquisition
Poole is to be bought by KEYW.
The KEYW Holding Corporation may be using merger and acquisition advisors to support it in its planned purchase of Poole & Associates.
Poole delivers software and systems engineering services to organisations within the US' intelligence community, while KEYW provides defence and intelligence markets with geospatial tools, cyber-security and cyber-superiority devices.
KEYW president and chief executive officer Leonard Moodispaw said his company is "extremely pleased to be adding Poole to the KEYW family".
The acquisition adds a number of prime contract details that could have a significant potential for expansion, he stated.
Chief executive officer and founder of Poole & Associates Mike Poole said KEYWs's focus on employee satisfaction, customer mission and innovation makes it an "ideal match" for his enterprise.
"We are excited to be joining forces with them," he added.
KEYW has a similar culture to Poole & Associates, Mr Poole claimed, noting his company has known KEYW's team for "many years".
Posted by Ken Hayes
Source: KEYW press release, September 10th