Acquisition further enhances Jacobs Connected Enterprise (JCE) solutions
Engineering Group Inc. (NYSE:JEC) announced today it has acquired
Blue Canopy, a data analytics, cybersecurity and application development
firm, as part of ongoing investments to expand Jacobs Connected
Enterprise (JCE) solutions. JCE offers digital solutions to connect
critical infrastructure, analyze data to optimize operations and protect
that data and associated infrastructure from internal and external
threats. The terms of the acquisition were not disclosed.
Blue Canopy, a 2016 GovCon Contractor of the Year award winner,
specializes in customized cybersecurity, data analytics and application
development solutions for the Federal civilian financial, education, and
healthcare sectors as well as the defense and intelligence communities.
Their Security Operations Center solutions garnered top Federal
Government cybersecurity program awards for the Federal Deposit
Insurance Corporation (FDIC) and Centers for Medicare & Medicaid
Services (CMS). Additionally, their data analytics solutions have
received top awards from the Department of Homeland Security and
National Science Foundation. The company has 450 employees and reported
$104 million in revenue in 2016.
“We welcome the Blue Canopy team to Jacobs and the capabilities they
bring to the table to help our clients work smarter while being safer
and more secure,” said Jacobs Aerospace and Technology Senior Vice
President Darren Kraabel. “When discussing digital solutions with our
public and private sector clients, we encounter two recurring themes.
First, the need to deliver data visualization and analytic solutions
that allow operators to quickly identify areas for improvement and
unlock the power of the data. Second, the need for comprehensive
cybersecurity solutions that span the spectrum of compliance to managed
services to forensics and resiliency. Blue Canopy brings solutions in
all these areas to expand Jacobs’ capabilities.
“Blue Canopy also expands our client base into the federal civilian
financial and healthcare sectors, as well as broadening our market
penetration across the intelligence community. Every element of this
investment supports our growth strategy,” added Kraabel.
“Combining Blue Canopy’s technology enabled solutions with the Jacobs
Connected Enterprise will accelerate client adoption around automation,
analytics and innovation in commercial, civilian and national security
markets,” said CEO of Blue Canopy Brad Schwartz. “Our complementary
capabilities in cybersecurity, data analytics and cloud practice will
make us a driving force in the market and allow us to bring new
solutions to Jacobs’ existing customer base. Without a doubt, the
combination is both compelling and powerful.”
Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit www.jacobs.com.
Statements made in this release that are not based on historical fact
are forward-looking statements. We base these forward-looking statements
on management’s current estimates and expectations as well as currently
available competitive, financial and economic data. Forward-looking
statements, however, are inherently uncertain. There are a variety of
factors that could cause business results to differ materially from our
forward-looking statements. For a description of some of the factors
which may occur that could cause actual results to differ from our
forward-looking statements please refer to our Form 10-K for the year
ended September 30, 2016, and in particular the discussions contained
under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and
7 – Management’s Discussion and Analysis of Financial Condition and
Results of Operations. We do not undertake to update any forward-looking
statements made herein.
Jacobs Engineering Group Inc.
Salim Rahimi, 214-583-8428