Stanley, Inc. to Acquire Oberon Associates

Today’s announcement that Stanley, Inc. has entered into a definitive agreement to acquire Oberon Associates, Inc. for approximately $170 million in cash brings together two high-fliers that have experienced significant growth and success in the past few years. Stanley, a leading systems integrator to the U.S. Federal government, has swelled to 3,500 employees while Oberon Associates, which delivers engineering, intelligence operations and information technology services, ranked #1 on Washington Technology’s 2007 Fast 50 list with a compound annual growth rate of 191.75 percent.

According to the press release, the transaction should close during Stanley’s fiscal second quarter ending Sept. 30, 2008, subject to approval by Oberon’s shareholders. (Shareholders representing approximately 67 percent of Oberon’s common stock have entered into a voting and irrevocable proxy agreement to vote their shares in favor of the proposed transaction).

Manassas, Va.-based Oberon, with 600 employees spread across the U.S. and seven countries abroad, immediately strengthens Stanley’s capabilities in the intelligence and defense community, and bolsters expertise related to biometrics systems engineering, integration and operational deployment; intelligence community support; communications engineering; and information technology and enterprise data management. Oberon employees should certainly not find a drop-off in the workplace conditions, as Stanley is a regular on the Fortune 100 Best Companies to Work For list.

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