BBN Technologies and Digital Force Technologies Partner for GrowthJune 24, 2008
BBN Technologies, an advanced technology solutions firm, and Digital Force Technologies, an engineering firm providing rapid tactical solutions and products for customers with special requirements, announced today that they have entered into a strategic acquisition agreement designed to support the growth of both organizations. Under the agreement, Digital Force Technologies will become a wholly-owned subsidiary of BBN Technologies.
Digital Force Technologies has provided rapid tactical engineering solutions and products for US government customers with special requirements since 1999 and is best known for rapid prototyping and production of small electronic devices for surveillance, reconnaissance, and communication in challenging environments. Digital Force Technologies will continue to operate from its San Diego, Calif. office, and founder Justin MacLaurin will remain as president and CEO. Under his guidance the company has shown consistent growth and profitability.
"We are fortunate to have found such a complementary partner," said MacLaurin. "The technology expertise and exceptional technical staff at BBN Technologies will help us to better serve our existing customers and create opportunities for us to work with new customers. Our customers are demanding and have unique needs, and BBN's technology expertise will enhance our ability to deliver high-quality, sophisticated solutions and products, even on tight deadlines."
Tad Elmer, president and CEO, BBN Technologies, said, "The acquisition of Digital Force Technologies supports BBN's growth strategy by providing us with additional opportunities to leverage the substantial intellectual property and technologies we create here."
"Digital Force Technologies has been tremendously successful at developing solutions that are fielded rapidly, and adding them to the BBN organization strengthens our leadership position in specialty solutions for the US government," added Alex Laats, president, Delta Division, BBN Technologies. BBN's Delta Division is best known for its Boomerang Shooter Detection system, which is currently deployed in Iraq and Afghanistan. The Boomerang system immediately alerts troops to incoming fire and pinpoints the shooter's location.
BBN now employs over 700 people in seven locations in the US. In addition to the Digital Force Technologies location in San Diego, California, BBN is located in Cambridge, Massachusetts (headquarters); Arlington, Virginia; Columbia, Maryland; Middletown, Rhode Island; St. Louis Park, Minnesota; and O'Fallon, Illinois.
About BBN Technologies
BBN Technologies solves real problems through the creation and disciplined application of advanced technology. With expertise spanning information security, speech and language processing, networking, distributed systems, and sensing and control systems, BBN scientists and engineers have amassed a substantial collection of innovations and patented solutions. Today, BBN is managing the planning and design of GENI, an advanced network facility spanning the United States; is saving lives in Iraq and Afghanistan with its Boomerang Shooter Detection System; operates the first metro quantum cryptography network; has deployed the first real-time foreign broadcast monitoring system; and has demonstrated the benefits of the world's first stereoscopic digital mammography system in clinical trials. For more information, visit www.bbn.com.
Digital Force Technologies (DFT) combines broad engineering and design expertise with specialized manufacturing capabilities. With extensive expertise in custom engineering and product development, specialty electronics integration, software development, and full system design and fabrication, Digital Force Technologies rapidly provides mission critical reconnaissance, surveillance, and communications solutions to US government customers with special requirements. As of June, 2008, Digital Force Technologies is a wholly-owned subsidiary of BBN Technologies.[Top]