SAIC to Spin-Off into Two Companies | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

SAIC to Spin-Off into Two Companies

August 30, 2012
by Gabriel Perna
| Reprints

Science Applications International Corporation (SAIC), a McLean, Va.-based IT firm that specializes in healthcare and other solutions and services (Ranked 18 in the 2012 HCI 100) has announced it is splitting into two separate publicly-traded companies, both independent of each other. The spin-off, expected to occur in the latter half of next fiscal year, will lead to a technical services business and solutions-focused business.

The technical services business, SAIC estimates, will have revenue of $4 billion for the fiscal year ending Jan. 31, 2013, and focus on systems engineering and technical assistance, financial analysis and program office support. The solutions-focused business, estimated at $7 billion for the fiscal year ending Jan. 31, 2013, will work on science and technology solutions for national security, engineering and health.

SAIC, a noted government contractor, has made its investments in the health IT well-known. Recently, the company acquired maxIT Healthcare, a consulting firm, in a deal for an undisclosed amount. In 2011, it made other health IT-based acquisitions.

The Health IT Summits gather 250+ healthcare leaders in cities across the U.S. to present important new insights, collaborate on ideas, and to have a little fun - Find a Summit Near You!


/news-item/saic-spin-two-companies

See more on

betebettipobetngsbahis bahis siteleringsbahis