IT Support: Emtec Buys Secure Data
June 11, 2010 (FinancialWire) — Emtec, Inc. (OTCBB: ETEC), a systems integrator, said that it has acquired through its subsidiary, Emtec Federal, Inc., all of the outstanding stock of Secure Data, Inc.
Illinois-based SDI is an application services consulting firm specializing in developing financial and custom web business applications. SDI’s focus has been on agencies within the federal government, primarily the Department of Defense and certain commercial clients.
This is the second application development acquisition made by Emtec this year. According to Emtec, SDI adds project-based application development capabilities for Emtec in the U.S. and will be a cornerstone of its application services practice in North America.
The company also said that the acquisition enhances Emtec’s presence in the Mid-West. According to Emtec, SDI is a strategic regional complement to Emtec’s current office in the Chicago suburb of Naperville, Illinois and will increase the company’s ability to offer its full portfolio of services in the region.
New Jersey-based Emtec provides IT services and products to the federal, state, local, education and commercial markets.
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