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Business/Financial

SAIC Acquires Small Technology Company SET

DDN

Tuesday, January 26th, 2010

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SAIC [SAI] yesterday said it has acquired Science, Engineering and Technology Associates Corp. (SET), a small firm specializing in the development and commercialization of information and sensor technologies. Terms of the deal were not disclosed. SAIC said that SET will enhance its capabilities in intelligence, surveillance and reconnaissance (ISR), in particular forward processing of sensor data, advance processing, exploitation and dissemination (PED) tools and technology, and real-time information integration. SET also brings with it a number of advanced technology systems…

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