CACI to acquire health-care IT company
- November 14, 2012
CACI International Inc. has signed an agreement to purchase a provider of emerging technology solutions for national health organizations.
CACI plans to acquire Emergint Technologies Inc., a Louisville, Ky.-based firm, whose costumers include the Centers for Disease Control and Prevention, National Institutes of Health, and the U.S. Food and Drug Administration. The acquisition is expected to close by Dec. 1.
The acquisition will build on CACI’s health-care IT capability and expand its presence in the growing health-care IT market.
Emergint is expected to have 2012 revenue of about $42 million, and will be accretive to CACI’s earnings per share during its first 12 months. The company mostly provide health data integration and analysis solutions, data analytics, management and IT consulting, and data and records management.
“The federal government is increasingly requiring high-value solutions to improve healthcare IT practices and systems that will, in turn, contribute to the public health and safety of our nation’s citizens,” Dan Allen, CACI president and CEO, said in a statement. “CACI’s acquisition of Emergint opens new opportunities in our high-growth healthcare IT market and enables us to serve an even greater share of this market.”