CACI Acquires Applied Insight In An All-Cash Transaction; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
CACI International Inc has acquired Applied Insight, a company specializing in cloud migration and transformation for the Department of Defense and Intelligence Communities. The acquisition aligns with CACI's mission to enhance its national security offerings.
October 01, 2024 | 8:31 pm
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CACI International Inc has acquired Applied Insight to enhance its cloud migration and transformation capabilities, particularly for the Department of Defense and Intelligence Communities.
The acquisition of Applied Insight is likely to positively impact CACI's stock price in the short term as it enhances CACI's capabilities in cloud migration and transformation, which are critical for its national security offerings. This strategic move aligns with CACI's mission and could lead to increased business with the Department of Defense and Intelligence Communities.
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