Reston IT company acquires cybersecurity firm
Intelligent Waves buys Ski Systems
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc.
Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise.
Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared Shepard, who served in the U.S. Army as an infantryman. The company provides systems engineering, cloud computing and managed services, cyber and security architecture, mobility and operations and intelligence analytics. The company won more than $200 million in government contracts in 2019, and is expected to receive $300 million in contracts this year.
Ski Systems has worked with the Department of Defense and Intelligence Community on network security.
“We are excited to add Ski Systems as part of our strategic growth in delivering trusted innovation to government,” Shepard said in a statement. “This acquisition plays a major role in fulfilling our vision of helping secure our nation’s most critical communications infrastructures.”