SAIC buying CloudShield
SAIC (NYSE: SAI) has agreed to acquire CloudShield Technologies Inc., a Sunnyvale, Calif.-based provider of IP services control and security solutions. No financial terms were disclosed for the deal, which is expected to close in the middle of next month. CloudShield has raised over $65 million in VC funding since 2002, from firms like Tektronix Inc., ComVentures, TPG Growth, Foundation Capital and Paladin Capital.
14 January 2010•2 mins read
