Detica Group
Detica is an international business and technology consulting firm owned by BAE Systems.
It specialises in collecting, managing and exploiting information to reveal actionable intelligence. Its areas of expertise are information exploitation, security and resilience, fraud containment, threat intelligence and customer insight
1971 The business was founded as Smith Associates carrying out research on Defence matters for the UK Government.
1977 It was incorporated
2001 Renamed Detica
2002 It was first listed on the London Stock Exchange in 2002.
In 2003 the Company acquired Rubus, an IT services business.
2004 It went on to launch Streamshield, an internet security product.
In 2005 Detica acquired Extraprise UK, a systems integrator.
In 2006 it went on to buy Evolution (a consultancy), Inforenz (a computer forensics business) and m.a. partners (a consultancy serving the capital markets)
In 2007 it acquired DFI International (a consultancy serving the US National Security sector).
On 18 July 2008, the prospect of a bidding war for Detica emerged after BAE Systems made an informal offer. On 28 July 2008 the board of Detica and BAE Systems jointly announced that the latter had made a formal cash offer of £4.40 for all issued and to-be-issued share capital. Having been approved by shareholders, BAE declared its offer for Detica unconditional on 25 September 2008 after acquiring over 92% of outstanding shares
See Also
Sources of Information
- [1] Wikipedia