Arlington tech contractor acquires Herndon software company
Two Six Technologies' acquisition of Trusted Concepts Inc. is its first
Arlington-based national security technology contractor Two Six Technologies announced Tuesday its first acquisition, of Herndon-based software and analytics company Trusted Concepts Inc.
Financial details of the transaction were not disclosed.
“I’m absolutely thrilled to welcome Trusted Concepts into the Two Six team,” Two Six Technologies CEO Joe Logue said in a statement. “Trusted Concepts’ co-founders and entire staff are top-tier professionals with world-class expertise. The two companies are extraordinarily complementary, with a shared strategic vision and strong cultures focused on innovation, mission impact and attracting the industry’s best talent.”
Trusted Concepts is a technology services contractor that focuses on U.S. national security missions. The company has more than 130 employees and developed TrustedKeep, a security product that provides object-level encryption for federal customers.
“Two Six Technologies is the ideal strategic partner for Trusted Concepts, and joining Two Six enables us to reach the next stage of our growth and our long-term goals,” Michael Frazier, co-founder and CEO of Trusted Concepts, said in a statement.
The Carlyle Group combined IST Research and Two Six Labs to form Two Six Technologies in February 2021. Two Six Technologies now has more than 430 employees and a technical presence in more than 40 countries.
Two Six Technologies recently announced its hire of Daniel J. “Rags” Ragsdale as vice president — architect.