Market Briefs
Baltimore Tech acquires CyberTrust
Baltimore Technologies last month completed its acquisition of CyberTrust
Solutions Inc., a key player in a recent initiative to help agencies exchange
sensitive data over the Internet.
CyberTrust is working with agencies on the Federal Bridge Certification
Authority project, which is designed to allow agencies to link their individual
public-key infrastructure systems. Eventually, the project will make it
possible for agencies to communicate with private-sector organizations.
Baltimore Technologies — which specializes in PKI systems, wireless
e-security solutions and cryptographic toolkits — finalized its acquisition
of CyberTrust from GTE Corp. March 28.
GE IT Solutions closes federal division
GE Information Technology Solutions announced last week that it has
withdrawn from the General Services Administration's multiple-award schedule
contract and will close its federal division.
As part of a companywide realignment, GE IT Solutions decided to target
small to midsize businesses and close its GE IT Solutions Federal Systems
Division, according to a company spokesman.
The federal offices, located in Gaithersburg, Md., will remain open
until June to fill open orders, and customer service staff will be available
through the end of the year.
Andersen forms Government Ventures group
In an effort to keep up with "Internet time," Andersen Consulting is
establishing a Global Government Ventures and New Business Models unit.
The new unit will focus on the needs of public agencies as they transition
to e-government, according to Martin Cole, managing partner of the new unit.
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