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KEYW Selling SETA Business To Quantech Services

Cal Biesecker By
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KEYW Selling SETA Business To Quantech Services

KEYW Corp. [KEYW] on Wednesday said it has agreed to sell its systems engineering and technical assistance (SETA) business to Quantech Services for $12 million in cash.KEYW said the transaction is expected to close within two weeks.“As part of an ongoing strategic review of our business, we came to the conclusion that the growth potential of both KEYW’s core business and the SETA business can be maximize if the two were separated,” Bill Weber, president and CEO of KEYW, said…

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