Capgemini is acquiring federal government solutions provider VariQ. Financial terms of the deal, which is pending U.S regulatory approvals, were not disclosed.This is technology M&A deal number 646 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.VariQ, founded in 2003, provides software development, cybersecurity and cloud services for federal government departments and agencies across the United States. VariQ also has M&A experience. The company acquired Rivet Logic in 2020 to support commercial clients.VariQ will tuck into Capgemini Government Solutions LLC. The government-focused business unit, formed in 2002, is based in Mclean, Virginia. The deal is expected to close before the end of 2021.
Capgemini Acquires VariQ: Executive Commentary
Jim Bailey, CEO, Capgemini Americas strategic business unitIn a prepared statement about the deal, Jim Bailey, CEO of Capgemini’s Americas strategic business unit, said:
“As a company we are continuing to find ways to expand our ability to serve U.S. government agencies and this acquisition would augment our digital and agile capabilities while growing our talent base. This acquisition marks an important moment for Capgemini Government Solutions and our vision for growth in the Americas.”
Added Ben Edson, founder and CEO of VariQ:
“At VariQ, we have continued to prioritize digital-first, secure agile capabilities and build a highly skilled team to deliver on priorities that align well to Capgemini and Capgemini Government Solutions. Joining Capgemini would provide the scale and expansive capabilities to enable us to better serve our 20+ client agencies. We look forward to delivering end to end solutions in support of our clients’ missions.”
Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.
After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.
Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!
