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Business/Financial

SAIC Plans ‘Bolder’ Acquisitions Amid Market Changes, Havenstein Says

DDN

Friday, March 25th, 2011

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By Calvin Biesecker SAIC [SAI] is taking a more aggressive approach to acquisitions as market growth concentrates in certain areas and other companies divest assets to reshape their businesses, creating opportunities for the company to become a consolidator, Walt Havenstein, SAIC's CEO, said this week. Look for SAIC to become "a bit bolder" in its acquisition strategy, particularly in going after companies and assets that are larger than the "bolt-on" deals that previously defined its acquisitions, Havenstein said during SAIC's…

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