Business Services Industry
ESRI Announces Acquisition of CACI's U.S. Marketing Systems Group; Involves Software, Data Assets, Methodologies and the Creation of ESRI Business Information Solutions
Business Wire, Jan 22, 2002
Business Editors & High-Tech Writers
REDLANDS, Calif.--(BUSINESS WIRE)--Jan. 22, 2002
ESRI is pleased to announce the acquisition of CACI's U.S.-based Marketing Systems Group, a business unit of CACI International Inc. (Nasdaq:CACI).
This acquisition involves the creation of the ESRI Business Information Solutions (ESRI BIS) group and the purchase of software, data assets and methodologies. The new ESRI unit will retain all of the CACI Marketing Systems Group staff and will serve existing CACI customers, in addition to new customers. The companies have also agreed on a joint partnership to pursue future business opportunities.
"We believe this acquisition provides ESRI an opportunity to better serve our existing users both in business as well as in public sector and utility organizations," said Jack Dangermond, president, ESRI.
"The integration of CACI's leading data and business specialties with ESRI's geographic information system (GIS) technology will provide users with more integrated and complete data and information services. We expect our combined capabilities will result in further use of GIS as a critical decision making framework for businesses similar to the way it is being used in government.
"Traditionally, ESRI has focused on creating the best GIS technology and has not offered integrated business data with its GIS offerings. The packaging of premanipulated business data with business software applications is exactly what existing users and the market in general want us to provide."
"This acquisition and the creation of ESRI Business Information Solutions strengthens my team's ability to serve the business community," said David Huffman, director of ESRI Business Information Solutions.
"ESRI's technology and dominance in the business geographics industry, combined with our quality data and expertise in customer targeting applications, will provide unmatched marketing information solutions to our clients. Our number one priority continues to be strong commitment to client service with innovative customer-oriented solutions."
ESRI BIS will be focused on serving ESRI's private sector and business customers, which include retail, financial, insurance, health care, telecommunications, energy, petroleum and more. ESRI BIS will continue to provide the demographic data, segmentation, desktop software, and modeling and analysis products and services that have distinguished the CACI operation for the past 35 years, without disruption.
ESRI BIS will work closely with ESRI's software products organization to build solutions including extending ArcView Business Analyst. The CACI Marketing Systems operation has, for the past year, been working closely with ESRI on the next-generation of ArcView Business Analyst, as well as Web services for business information. ESRI will not only continue supporting CACI customers but will also introduce additional options for both delivery of information (i.e., the Internet) and more enhanced business analysis and capabilities.
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