Jacobs, an international civil engineering firm based in Dallas, announced Monday its plans to acquire Maryland-based BlackLynx. Terms of the acquisition were not made publicly available.
Founded in 2018, BlackLynx operates on a software-as-a-service (SaaS) business model and provides solutions for cloud integrations, cybersecurity management and IT. It also creates software that accelerates real-time data collection by increasing processing speed between software and physical sensors. According to its website, BlackLynx’s data computing functions can be used for radar, missiles and thermal detection.
Jacobs, on the other hand, is a tech and engineering company that provides services to multiple governmental agencies across the globe. A metro expansion in Canada and a wastewater treatment facility in Arizona are some of its recent projects. The company also offers cybersecurity, renewable energy, infrastructure and transportation solutions.
“As edge computing proliferates across all domains, rapidly gaining actionable insights from the vast volumes of data becomes essential,” Steve Demetriou, CEO and chair of Jacobs, said in a statement. “The combination of Jacobs’ deep domain knowledge and BlackLynx’s next-generation technology will unlock new opportunities to create a more connected and sustainable world.”
Once the acquisition is finalized, it will expand Jacobs’ tech capabilities going forward. Both companies hope to provide tech and software solutions to support government services like infrastructure, transportation and water.
“With our shared values and strong cultures of performance excellence and innovation, our combination creates new opportunities for our people, our clients, our industries and the communities where we live and work,” BlackLynx CEO Doug Wolfe said in a statement.
News of the acquisition comes at the end of a strong third quarter for Jacobs. In October, the company was awarded an $8 billion contract by the U.S. Department of Energy to perform environmental clean-up at the Oak Ridge Reservation, federally owned land that was the site of a nuclear weapons manufacturing facility in the 1950s. Jacobs also hit $3.6 billion in revenue in Q3.
