Tetra Tech (TTEK) Acquires Segue Technologies
Get Alerts TTEK Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: -23.4%
Join SI Premium – FREE
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has acquired Segue Technologies, Inc.® (Segue), a leading Information Technology (IT) management consulting firm based in Arlington, Virginia.
“The integration of high-end technology applications with our subject matter expertise in water, environment and sustainable infrastructure continues to expand Tetra Tech’s ability to provide innovative solutions for our clients,” said Dan Batrack, Tetra Tech Chairman and CEO. “The addition of Segue enables us to apply exciting cutting-edge techniques that incorporate advanced data analytics, cloud services, and enterprise-wide software applications for our government and commercial customers. Segue also brings additional capabilities with system modernization tools that are critical for our Department of Defense customers.”
Brian W. Callahan, Segue President and CEO, said, “We are excited about joining our more than 200 employees with the Tetra Tech family, gaining access to their global platform and numerous contract vehicles. Now as part of Tetra Tech, we are able to combine our expertise to deliver greater value to our clients, while increasing opportunities for our employees on projects around the world.”
The terms of the acquisition were not disclosed. Segue is joining Tetra Tech’s Government Services Group.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Perpetuals.com ends pursuit of AI Financial Corporation deal
- ESGold agrees to acquire 44 mineral claims in Québec for cash and shares
- SonicStrategy signs LOI to acquire AI assets from ARKLAB AI
Create E-mail Alert Related Categories
Corporate News, Management Comments, Mergers and AcquisitionsRelated Entities
Twitter, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share