KEYW Closes Divestiture of Its Systems Engineering & Technical Assistance Business to Quantech Services
HANOVER, Md., March 15, 2016 (GLOBE NEWSWIRE) -- The KEYW Corporation, a wholly-owned subsidiary of The KEYW Holding Corporation (NASDAQ:KEYW), announced today it has closed the previously announced sale of its systems engineering and technical assistance (SETA) business to Quantech Services, Inc. As described in our press release dated February 24, 2016, the divestiture came after a strategic review of KEYW's business that concluded that the growth potential of both KEYW’s core business and the SETA business could be maximized if the two were separated.
KEYW is a total solutions provider for the Intelligence Community’s toughest challenges. We support the collection, processing, analysis and dissemination of information across the full life cycle of the Intelligence Community’s mission. We employ and challenge the most talented professionals in the industry with solving such complex problems as preventing cyber threats, transforming data into intelligence, and combating global terrorism. For more information contact KEYW Corporation, 7740 Milestone Parkway, Suite 400, Hanover, Maryland 21076; Phone 443-733-1600; Fax 443-733-1601; E-mail email@example.com; or on the Web at www.keywcorp.com.