[July 04, 2011] CACI International acquires Pangia Technologies Tweet Jul 04, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- CACI International, Inc. has acquired Pangia Technologies, LLC, a provider of software engineering, information technology and security and advanced engineering services. Both the companies are based in the US. CACI is a provider of systems integration, managed network services, knowledge management, engineering services, and simulation and information assurance services. Announcement (June 20, 2011): CACI International has signed a definitive agreement to acquire Pangia Technologies. The acquisition is anticipated to close by July 1, 2011. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-07-01 Deal Participants Target (Company) Pangia Technologies, LLC Acquirer (Company) CACI International, Inc. Deal Rationale The acquisition will expand CACI's cyber security solutions and increases its already strong presence in the intelligence community. The acquisition will provide new growth opportunities for CACI and increases its technical offerings in the vitally important area of cyber security. [ Back To TMCnet.com's Homepage ]