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Jacobs finishes buying software firm BlackLynx

US engineering firm Jacobs has completed its previously disclosed acquisition of data analytics software provider BlackLynx, expanding its footprint in the US Intelligence Community, Jacobs announced on 19 November.

Jacobs is initially paying USD250 million for BlackLynx. It will pay an additional USD7.5 million if certain financial goals are met.

BlackLynx is based in Rockville, Maryland, and employs more than 130 people. Its customers include the US Department of the Air Force and the US National Reconnaissance Office.

BlackLynx will continue to operate largely on a standalone basis. Before the acquisition, which was first revealed on 1 November, BlackLynx was backed by venture capital funding.

Separately, Jacobs announced on 8 November that it has made a minority investment in Herndon, Virginia-based HawkEye 360, which uses satellites to map the radio-frequency emissions of potential threats and targets.

The BlackLynx and HawkEye 360 transactions follow Jacobs' acquisition of a majority stake in UK-based PA Consulting for USD1.7 billion in March 2021, and its purchase of US-based cyber and intelligence firm The Buffalo Group for an undisclosed sum in November 2020.

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