About Forbes Analytic Software
Forbes Analytic Software Inc (FASI) was founded in 1989 and is headquartered in Leesburg, VA. They offer a broad range of mission critical cyber superiority solutions and support including high-end software development, systems and software engineering and integration, and full life-cycle software support, from research and development to operations and maintenance. FASI generated approximately $12 million in revenue in 2010 (unaudited), and is projected to deliver 2011 revenue in the range of $14-15 million. FASI is expected to deliver profitability that is above similar IC industry solution providers. They have approximately 47 employees, of whom over 40 have security clearances at the highest level. Forbes Analytic Software was acquired by KEYW. KEYW purchased all of the outstanding capital stock of FASI for $14.7 million in cash and 171,970 shares of KEYW common stock, bringing the total purchase price to approximately $16.7 million.