ITA International closes deal with Innovative Decisions Inc.
Sydney Lake //September 1, 2020//
ITA International closes deal with Innovative Decisions Inc.
Sydney Lake// September 1, 2020//
Newport News-based federal contractor and professional services company ITA International announced Tuesday it has acquired Vienna-based management consulting firm Innovative Decisions Inc. (IDI).
A transaction amount was not disclosed.
IDI provides decision and risk analysis, operations research and systems engineering services for business and government customers, while ITA International provides analysis, planning, training, exercise, intelligence, cyber, logistics, engineering and marine services. The goal of the acquisition is to expand the company’s analytic impact and deliver more data solutions, according to a company statement.
“Bringing together ITA and IDI allows us to continue our mission to provide integrated service and solutions using data analytics and subject matter expertise,” ITA CEO Mike Melo said in a statement. “We are ecstatic to have the IDI team join us as ITAers! Together, we will drive better decisions and better results for our global customers.”
ITA Data Analytics Center President Keith McGhee will lead IDI through the integration process and will manage daily operations of the subsidiary. Former IDI President Bob Liebe will become a senior vice president and report to McGhee.
“We are thrilled to become a part of the ITA team, a well-positioned and rising business,” said Dennis Buede, IDI founder and chief innovation officer, said in a statement. “Knowledge sharing between the two entities will allow us to provide uncompressed and top-notch service.” Buede will become vice president of research and innovations.
s