Science Applications to buy SilverEdge Government Solutions in $205M deal

[SAIC office building in Tysons Corner, Virginia, USA]
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Science Applications International (NASDAQ:SAIC [https://seekingalpha.com/symbol/SAIC]) said post-market Monday it agreed to acquire [https://seekingalpha.com/pr/20256103-saic-to-acquire-silveredge-government-solutions] software provider SilverEdge Government Solutions from private equity firm Godspeed Capital for $205 million in cash.

SilverEdge is a provider of mission-driven technology solutions and products, and has long-standing relationships that serve the U.S. intelligence and defense communities with capabilities across digital transformation, generative artificial intelligence, and data analytics; its flagship Software-as-a-Service product suite, SOAR, is "a highly disruptive model that provides fully customizable, low-risk software solutions tailored to customer specifications through commercial marketplaces," and it recently unveiled MynAI, "a secure and responsible agentic AI product specifically designed for operation in highly regulated and secured government environments."

SAIC (NASDAQ:SAIC [https://seekingalpha.com/symbol/SAIC]) said the SilverEdge acquisition continues to strengthen its position as a premier mission integrator and reflects its commitment to pursuing strategic investments in accretive and complementary tuck-ins.

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