M&A CORNER
Cyber AB forms training and certification subsidiary.
The Cyber AB has announced the formation of a subsidiary organization that will independently oversee training and certification programs for credentialed DOD individuals supporting the CMMC initiative. Read more
DOJ wants Booz Allen’s EverWatch acquisition delayed until NSA awards Optimal Decision contract.
The DOJ is urging that Booz Allen Hamilton’s acquisition of EverWatch be on hold until NSA’s $17M Optimal Decision contract is awarded. An attorney with DOJ’s Antitrust Division argued, “Their merger agreement removes the incentive to compete, which is likely to lead to anticompetitive effects such as increased price or reduced quality…” Read more
Booz Allen Hamilton announces launch of Booz Allen Ventures.
The Ventures was launched with an initial fund of $100M. This corporate venture capital initiative will actively invest in startups in artificial intelligence/machine learning, cyber defense, defense tech, and deep tech, including quantum computing, 5G, augmented reality/virtual reality (AR/VR), and edge computing.   Read more
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