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Booz Allen Acquires Software Services Unit Of SPARC

Booz Allen Acquires Software Services Unit Of SPARC
Booz Allen Hamilton President and CEO Horacio Rozanski. Photo: Booz Allen

Booz Allen Hamilton [BAH] on Monday said it has acquired the software services unit of SPARC to strengthen and complement its growing capabilities in Agile software development.Terms of the deal were not disclosed. Booz Allen said the acquisition of the unit, its assets, and about 27 staff is expected to be accretive to earnings and add about $50 million in annual revenue to the company’s fiscal year 2017, which begins in April 2016.Booz Allen said that Agile software development is…

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