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M&A Deal Summary

Empower AI Acquires Computech

On December 29, 2014, Empower AI acquired information technology company Computech

Acquisition Highlights
  • This is Empower AI’s 3rd transaction in the Information Technology sector.
  • This is Empower AI’s 4th transaction in the United States.
  • This is Empower AI’s 3rd transaction in Maryland.

M&A Deal Summary
Date 2014-12-29
Target Computech
Sector Information Technology
Buyer(s) Empower AI
Deal Type Add-on Acquisition

Target

Computech

Bethesda, Maryland, United States
Computech provides agile software application development; IT system modernization; application portfolio management; agile operations and maintenance; data strategy, analytics and visualization; and big data processing to federal civilian customers, including the Federal Communications Commission, Department of Homeland Security, Executive Office of the President, Internal Revenue Service, U.S. House of Representatives and U.S

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Buyer(S) 1

Buyer

Empower AI

Reston, Virginia, United States
Category Company
Founded 1989
Sector Information Technology
Employees2,000
Revenue 322M USD (2016)
DESCRIPTION

Empower AI provides AI-enabled solutions to government agencies, leveraging deep technical expertise and decades of experience in health, defense, and civilian missions. Empower AI was founded in 1989 and is based in Reston, Virginia.

DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Maryland M&A 3 of 3
Country: United States M&A 4 of 4
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-04 Advancemed

Baltimore, Maryland, United States

AdvanceMed is a provider of healthcare program integrity services focused on the detection and prevention of fraud, waste, and abuse in healthcare programs, providing investigative services to the Centers for Medicare and Medicaid Services (CMS).

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