ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Tetra Tech Acquires Halvik Corp

Expanding Its High-End Data Analytics, AI, and Enterprise Tech Services

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that it has acquired Halvik Corp (Halvik), a high-end provider of advisory consulting services focused on advanced data analytics, systems modernization, and cybersecurity for U.S. defense and civilian agencies.

“The addition of Halvik expands our high-end analytics and digital solutions across U.S. federal agencies,” said Roger Argus, Tetra Tech President and CEO-designate. “Halvik broadens our relationships with the U.S. Army, Navy, Air Force, and Department of Transportation. Together, we will strengthen resiliency and operational effectiveness using advanced data analytics, artificial intelligence, machine learning, and cybersecurity solutions.”

Dr. Madhavi Bathula, Chief Executive Officer of Halvik, said, “We are delighted for our 600 employees to join Tetra Tech and to leverage its global platform and commitment to Leading with Science®. Together, we will combine Halvik’s mission-oriented approach utilizing innovative technologies and program advisory expertise with Tetra Tech’s experience delivering value to 25,000 customers worldwide. This combination will enhance scale and resiliency and deliver impactful outcomes for our customers’ mission-critical systems, processes, and data.”

The terms of the acquisition were not disclosed. Halvik is joining Tetra Tech’s Government Services Group.

About Tetra Tech

Tetra Tech is the leader in water, environment and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With more than 25,000 employees working together, Tetra Tech provides clear solutions to complex problems by Leading with Science® to address the entire water cycle, protect and restore the environment, and design sustainable and resilient infrastructure. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn and Facebook.

About Halvik

Halvik Corp, headquartered in Tysons, Virginia, is a leading technology and digital transformation services company supporting the United States federal government. With more than 600 professionals, Halvik modernizes, secures, and sustains mission critical systems, processes, and data for its customers. The company is recognized for its agile, adaptive information technology services and its focus on delivering digital solutions that advance federal missions. Halvik has earned industry awards and participates in key government contract vehicles that expand its reach across federal agencies.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Contacts

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

Recent Quotes

View More
Symbol Price Change (%)
AMZN  238.38
+4.73 (2.02%)
AAPL  260.48
-0.01 (-0.00%)
AMD  245.04
+8.40 (3.55%)
BAC  52.54
-0.17 (-0.32%)
GOOG  315.72
-0.65 (-0.21%)
META  629.86
+1.47 (0.23%)
MSFT  370.87
-2.20 (-0.59%)
NVDA  188.63
+4.72 (2.57%)
ORCL  138.09
+0.23 (0.17%)
TSLA  348.95
+3.33 (0.96%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.