Navigation Links
Applied Research Associates, Inc. Divests Geo-Marine, Inc.
Date:9/4/2013

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 http://www.prweb.com/releases/2013/9/prweb11091660.htm.


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the Mountains to the ... save lost souls in the Philippines. “The Journey: From the Mountains to the Mission ... of the Bible. She has taught all ages and currently teaches a class of ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the ... today its plans to open a flagship location in Covington, LA at 401 N. ... To Go store next to Office Depot in the Holiday Square shopping center. Its ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... Leading pediatric ... peers in Washington, D.C., for the 49th Congress of the International Society of ... Vice President of the Center for Cancer and Blood Disorders at Children’s ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... property taxes a year. In some states—like New York, New Jersey, Massachusetts, Texas, ... many overseas retirement havens have extremely low property-tax rates, which contributes to the ...
Breaking Medicine News(10 mins):
(Date:9/22/2017)... 2017 AVACEN Medical (AVACEN) announced that its ... helping those with the widespread pain associated with fibromyalgia ... in Essex, England commented, "I ... experiencing no sleep at all, tremendous pain, with every ... recommend [the AVACEN 100] enough, how this has and ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
(Date:9/12/2017)... 2017  ValGenesis Inc., the global leader in ... to announce the appointment of Dr. Ajaz ... of Directors and Chairman of Advisory Board beginning ... companies to manage their entire validation lifecycle process ... this process. Furthermore, ValGenesis VLMS enables rigorous compliance, ...
Breaking Medicine Technology: