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There’s some news on the homeland security front today. Reveal Imaging Technologies, based in Bedford, MA, said it is being acquired by SAIC, the McLean, VA-based government contractor giant also known as Science Applications International Corporation (NYSE: SAI). Financial terms of the deal weren’t released, but the acquisition is expected to close by the end of this month.
One of the investors in Bedford-based Reveal Imaging tells me this week's purchase of the company by Science Applications International Corp. is "a very positive acquisition," though the price wasn't disclosed.
Vitrue opened its doors in 2006 in Atlanta with the aim to connect marketers to consumers using social web services. It has expanded to Facebook in recent years, and expanded geographically from its home base in Atlanta to New York, Palo Alto and most recently Chicago.