Sale of Cyveillance business to LookingGlass Cyber Solutions
QinetiQ Group Plc announces today it has reached an agreement to sell Cyveillance, Inc. (“Cyveillance”). Cyveillance was previously a business unit in the US Services division (sold on 23 May 2014).
The business has been bought by LookingGlass Cyber Solutions, Inc. for a cash consideration of $35 million before transaction expenses. In the full year ending 31 March 2015 the Cyveillance business had revenue of $18m.
About QinetiQ Group plc
A FTSE250 company, QinetiQ uses its world class knowledge, research and innovation to provide high-end technical expertise and advice, to customers in the global aerospace, defence and security markets. QinetiQ's unique position enables it to be a trusted partner to government organisations, predominantly in the UK and the US, including defence departments as well as other international customers in targeted sectors.
QinetiQ Group plc: David Bishop +44 (0) 7920 108675
Press Office +44 (0) 1252 393500
Citigate Dewe Rogerson (PR adviser) Chris Barrie +44 (0) 7968 727289
First Quarter Trading Update
21 Jul 2021
QinetiQ Satellite to Support European Union Horizon 2020 Programme
07 Jul 2021
Chief Financial Officer succession
02 Jul 2021
First major delivery milestone in RW Fleet Review
25 Jun 2021
Adarga and QinetiQ announce strategic partnership
08 Jun 2021