Navigation Links
Applied Research Associates, Inc. Divests Geo-Marine, Inc.

Albuquerque, NM (PRWEB) September 04, 2013

Applied Research Associates, Inc. (ARA) has divested its wholly-owned subsidiary, Geo-Marine, Inc. (GMI), to Versar, Inc. GMI provides engineering design, construction management, environmental planning and programming, and other services in support of a range of government, industry, and commercial clients.

ARA acquired GMI in July 2009 to access certain GMI customers. This access will continue via a subcontracting and teaming relationship defined in the purchase agreement.

“We will continue to team with GMI and look forward to expanding our business internationally via the subcontracting and teaming arrangements defined in the purchase agreement,” said ARA Chief Executive Officer Robert Sues. “While we regret seeing our GMI colleagues leave ARA, we expect to continue working with them in the future. We are also excited for our former colleagues because we expect the acquisition by Versar will open new opportunities for them.”

Dr. Sues noted that the acquisition benefits Versar because GMI has access to and contracts with customers who are of interest to Versar.

About 100 GMI employees will be joining Versar, Inc., which has its headquarters in Springfield, Va. GMI is based in Plano, Texas.

About Applied Research Associates, Inc.
Applied Research Associates, Inc. (ARA) was founded 1979 in Albuquerque to solve problems of national importance by providing science and engineering research, technical support services. The company’s applied research delivers solutions for national defense, homeland security, aerospace, transportation and manufacturing.

About Versar, Inc.
Versar, Inc. is a publicly traded global project management company providing sustainable, value-oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and telecommunication and technology integration market areas.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Applied Protein Sciences Acquired by IndUS Pharmaceuticals
2. Applied Research Associates Remembers Tim Samaras
3. The Mesothelioma Applied Research Foundation Opened its 2013 Grant Cycle
4. Charity Navigator Awards the Mesothelioma Applied Research Foundation with 4-Star Rating
5. John Mitchell Re-Joins Applied Marketing Science
6. Wexford University Spring Classes for Online Doctoral Degree in Applied Sport Psychology Begin April 1
7. Fourth Annual Georgia Partnership for Telehealth, Inc. Conference, Impacting Lives Through Applied Technology, to be held March 18-20th 2013 in Savannah, Georgia
8. New Research Says Topically Applied L-Carnitine Effective in Treating Oily Skin
9. Spring Classes for Wexford University’s Online Doctoral Degree in Applied Sport Psychology Begin April 1
10. To Meet Growing Demand for Sports Psychology Experts, Wexford University Offers Master’s Degree in Applied Sport Psychology: Classes Begin April 1
11. Applied nanobiomedicine: Exploiting nanoparticles to hunt for hidden cancer cells
Post Your Comments:
(Date:6/26/2016)... Charlotte, NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind ... able to be personalized through a fitness app. The fitness app plans to fix the ... solutions currently only offer a one size fits all type program , They ...
(Date:6/25/2016)... , ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on ... Observer , brings up a new, often overlooked aspect of head lice: the parasite’s ability ... fumigation is not a common occurrence, but a necessary one in the event that lice ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin ... injury. Recently, he has implemented orthobiologic procedures as a method for treating his ... of the first doctors to perform the treatment. Orthobiologics are substances that orthopaedic ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Those who have ... these feelings, many turn to unhealthy avenues, such as drug or alcohol abuse, as ... Michigan, has released tools for healthy coping following a traumatic event. , Trauma sufferers ...
(Date:6/24/2016)... ... 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that 20 ... by their peers for this recognition are considered among the top 2 percent of ... honors as members of this year’s Legal Elite Hall of Fame: Miami Shareholders ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016  Consumers have taken ... regulators/payers have placed more emphasis on patient outcomes. ... support programs in the pharmaceutical industry have evolved ... Consequently, pharmaceutical companies are focusing on becoming more ... providing products and services that improve health. ...
(Date:6/24/2016)... SAN FRANCISCO, Calif. , June 24, 2016 ... GBT ), a biopharmaceutical company developing novel therapeutics ... significant unmet needs, today announced the closing of ... shares of common stock, at the public offering ... shares in the offering were offered by GBT. ...
(Date:6/24/2016)... Dublin - ... " Global Markets for Spectroscopy Equipment" report ... This report focuses on the global market of ... applications in various applications. The report deals with spectroscopy ... industries: pharmaceutical and biotechnology, food and beverage, and environmental ...
Breaking Medicine Technology: