Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! SemanticBits is expected to generate . News. ICF plans to provide updated financial guidance for full-year 2022, which will . Jury finds Alex Jones must pay Sandy Hook parents 7 hours ago MSFT 5. Local News. See how we support our people, protect the planet, and give back to communities. Primary Menu. June 9, 2022. ICF's corporate development team managed a proprietary acquisition process with SemanticBits'exclusive financial advisor, G Squared Capital Partners. ICF to Acquire SemanticBits. The transaction is subject to regulatory and customary conditions and is expected to close in mid-July. "We see a high degree ofcultural alignment with SemanticBits, in ourshared passion for maintaining a highly collaborative environment and in our application of innovative thinking to help solve our clients' most complex challenges. Approximately $115 million of that is expected to be recurring in 2023, reflecting the completion of several small business contracts. About ICFICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. Receive perspectives on the industries and issues that matter. News. Discover our insights for a sustainable, low-emissions future. SemanticBits is expected to generate approximately $135 million in annual revenue in 2022. The company announced its intent to acquire SemanticBits last month. ET on June 8, 2022. Local News; National News; Texas News; New Mexico; Regional News ICF (NASDAQ: ICFI), a global consulting and digital services provider, reported results for the third quarter ended September 30, 2022. . These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies. News. Find out how our purpose shapes our culture, people, and mission-driven work. News. Receive perspectives on the industries and issues that matter. Their track record of excellent customer-centric delivery and fully agile approach complements ICF's deep federal health domain expertise and expanding digital modernization capabilities. Coronavirus; Connecticut; Live Traffic Map; Health; Back to School To listen to the live webcast, please register at least 15 minutes prior to the live event and download and install any necessary software. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. "We see a high degree ofcultural alignment with SemanticBits, in ourshared passion for maintaining a highly collaborative environment and in our application of innovative thinking to help solve our clients' most complex challenges. We completed the acquisition of SemanticBits, which . ICF Jun 08, 2022, 4:05 PM ET Broadens ICF's Digital Modernization Capabilities with Leading Open-Source Solutions for U.S. Federal Agencies ; Health . Department of Labor Selects ICF for New $14 Million Workforce Development Contract. As one of the industrys leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies' Read the full press release here. ICF to Acquire SemanticBits Mergers & Acquisitions June 12, 2022 ICF has entered into a definitive agreement to acquire SemanticBits, a partner to U.S. federal health agencies for mission-critical digital Please enter a search term. An archive will be available following the live event at https://investor.icf.com/news-events. ICF to Acquire SemanticBits PR Newswire FAIRFAX, Va., June 8, 2022 Broadens ICF's Digital Modernization Capabilities with Leading Open-Source Solutions for U.S. Federal AgenciesHealth IT Capabiliti. Founded in 2005, SemanticBits provides a full suite of scalable digital modernization services using cloud and open-source frameworks, including end-to-end agile at-scale development capabilities, cloud-native solutions, data analytics and human-centered design. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. More warm & muggy pop-ups to start the week 11 hours ago Miami Valley News; Ohio; U.S. and World; Crime; Tell Me Good News ICF acquires leading health IT company, SemanticBits. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Founded in 2005, SemanticBits' team of 450 technologists and practitioners bring demonstrated success with large federal health IT projects and expertise across 30 technology platforms, using a fully agile approach that complements ICF's deep federal health domain expertise and digital modernization capabilities. We completed the acquisition of SemanticBits, which broadened our digital modernization capabilities and expanded our addressable market with their strong presence . News. New studies connect Covid-19 and long-term cognitive 7 hours ago Broadens ICF's Digital Modernization Capabilities with Leading Open-Source Solutions for U.S. Federal Agencies Health IT Capabilities Significantly Expand. To participate in the call, please dial 1-877-270-2148. Watch Now; Your Stories; City in Crisis: Combating Child Poverty About ICF ICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. ICF International will fund the transaction from . ", "We are excited to join ICF and offer our civilian agency clients advanced health IT technology and data science solutions informed by deep domain expertise," said Ram Chilukuri, chief executive officer ofSemanticBits. These statements may involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to successfully integrate businesses, including the SemanticBits business. See how we support our people, protect the planet, and give back to communities. GuruFocus Article or News written by PRNewswire and the topic is about: ICF has entered into a definitive agreement to acquire SemanticBits, a partner to U.S. federal health agencies for mission-critical digital modernization solutions. ICF plans to provide updated financial guidance for full-year 2022, which will . This transaction is the latest of three for ICF, which in January completed its acquisition of McLean-based IT federal contractor Creative Systems and Consulting, adding 270 employees. support federal agencies with their large and complex data management projects. SemanticBitsprovides a full suite of scalable digital modernization services using open-source frameworks, including end-to-end agile at scale development capabilities, cloud-native solutions, data analytics and human-centered design. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies. The transaction is subject to regulatory and customary conditions and is expected to close in mid-July. Local News; Crime; Your Local Election HQ; Russia and Ukraine Conflict Conference Call DetailsICF's management will further discuss its definitive agreement to acquire SemanticBits at 5:00 p.m. FAIRFAX, Va., July 14, 2022 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. The live webcast along with supplemental slides will be available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=kWj61mtk. View 5 change management tips for government leaders. FAIRFAX, Va., July 14, 2022 /PRNewswire/ -- ICF (NASDAQ: ICFI ), a global consulting and digital services provider, announced today that it has completed the acquisition of SemanticBits, a premier . Tower Bridge, Delta King among the landmarks people 10 hours ago CTRL + SPACE for auto-complete. The largest internet software and services acquisition in 2022 was VMware - which was acquired by Broadcom for $61.0B. The live webcast . Caution Concerning Forward-looking StatementsStatements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Broadens ICF's Digital Modernization Capabilities with Leading Open-Source Solutions for U.S. Federal Agencies; Health IT Capabilities Significantly Expand ICF's Addressable Market; Investor information contact:Lynn Morgen, AdvisIRy Partners,lynn.morgen@advisiry.com, +1.212.750.5800, David Gold, AdvisIRy Partners,david.gold@advisiry.com, +1.212.750.5800, Company information contact:Lauren Dyke, ICF,lauren.dyke@icf.com, +1.571.373.5577. Primary Menu. How government leaders can increase mission impact through effective change management. Please enter a search term. "This latest acquisition is in keeping with our strategy to complement organic growth with acquisitions that strengthen ICF's position in key growth markets and provide meaningful revenue synergies over time," said John Wasson, ICF chair and chief executive officer. The $220 million transaction will be funded by ICF's existing credit facility. Acquired by ICF International, Inc. (Company) on 2022-06-08. The transaction is subject to regulatory and customary conditions and is expected to close in mid-July. See how we help fast-changing industries succeed. Approximately $115 million of that is expected to be recurring in 2023, reflecting the completion of several small business contracts. Local News; Local Crime; NE Regional News; Science & Technology Primary Menu. SemanticBits has a track record of double-digit revenue growth and is expected to generate EBITDA margins in the high teens as part of ICF. Discover how we help clients achieve success. FAIRFAX, VA (June 8, 2022) - ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced that it has entered into a definitive agreement to acquire SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. Local News. Commercial revenue was $107.8 million, compared to $107.4 million in the year-ago quarter. Founded in 2005, SemanticBits' team of 450 technologists and practitioners bring demonstrated success with large federal health IT projects and expertise . Primary Menu. Please enter a search term. ICF's corporate development team managed a proprietary acquisition process with SemanticBits' exclusive financial advisor, G Squared Capital Partners. Local News; Kansas; National; Russia and Ukraine Conflict ICF's management will further discuss its definitive agreement to acquire SemanticBits at 5:00 p.m. Please enter a search term. Discover how we help clients achieve success. Top Stories; Local News; Watch; West Virginia; Ohio; Pennsylvania Please enter a search term. Live Now: KRON4 News streaming on KRONon; Watch Live News The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future. 1. News. News. SemanticBits is expected to generate approximately . Founded more than 15 years ago as a life sciences and bioinformatics firm, SemanticBits supported healthcare research organizations and academic medical institutions, like the National Cancer Institute and Duke . The $220 million transaction will be funded by ICFs existing credit facility. The live webcast along with supplemental slides will be available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=kWj61mtk. June 8, 2022. Energy markets revenue increased 15.5% and represented 66.7% of commercial revenue. Pennsylvania News; Daybreak; Digital Originals; Harrisburg News You have entered an incorrect email address! ICF's management will further discuss its definitive agreement to acquire SemanticBits at 5:00 p.m. Founded in 2005, SemanticBits team of 450 technologists and practitioners bring demonstrated success with large federal health IT projects and expertise across 30 technology platforms, using a fully agile approach that complements ICFs deep federal health domain expertise and digital modernization capabilities. Source: ICF to Acquire SemanticBits June 8, 2022. Savannah News; Local News; Crime & Safety; Back To School Primary Menu. Conference Call to be Held Today at 5pm Eastern Time FAIRFAX, Va., June 8, 2022 /PRNewswire/ -- ICF, a global consulting a. ICF to Acquire SemanticBits Research: Stocks: News Story "Together, we can scale our ability to support federal agencies and help unlock new health insights and critical opportunities.". Wildfire Watch 2022; Coronavirus; Eye on NW Politics An archive will be available following the live event at https://investor.icf.com/news-events. KNWA; FOX24; Around Arkansas; Russia and Ukraine Conflict ET on June 8, 2022. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. ICF is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future. Receive perspectives on the industries and issues that matter. Primary Menu. ICFI ICF International Inc ICF to Acquire SemanticBits. ICF to Acquire SemanticBits. SemanticBits has a track record of double-digit revenue growth and is expected to generate EBITDA margins in the high teens as part of ICF. Primary Menu. The company announced its intent to acquire SemanticBits last month. StreetInsider.com Top Tickers, 6/8/2022. Primary Menu. To listen to the live webcast, please register at least 15 minutes prior to the live event and download and install any necessary software. ET on June 8, 2022. Their 450-person team of technologists and practitioners bring a history of demonstrated success with large federal health IT projects and expertise across 30 technology platforms. ET on June 8, 2022. SPY 3. FAIRFAX, Va., July 14, 2022 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions. Such statements may concern our current expectations about SemanticBits' revenue and post-acquisition revenue rate, our expectations regarding future opportunities for synergies, and our future results, plans, operations and prospects. Please enter a search term. Please enter a search term. SemanticBitsprovides a full suite of scalable digital modernization services using open-source frameworks, including end-to-end agile at scale development capabilities, cloud-native solutions, data analytics and human-centered design. To participate in . Approximately $115 million of that is expected to be recurring in 2023, reflecting the completion of several small business contracts. The company announced its intent to acquire SemanticBits last month. To participate . ICF to Acquire SemanticBits. News provided by. Please enter a search term. Primary Menu. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. News. ICF's corporate development team managed a proprietary acquisition process with SemanticBits'exclusive financial advisor, G Squared Capital Partners. Notify me of follow-up comments by email. Discover our insights for a sustainable, low-emissions future. CRM 2. About ICF ICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. Contact: Lauren Dyke, lauren.dyke@ICF.com, +1.571.373.5577. ICF (NASDAQ: ICFI), a global consulting and digital services provider, announced today that it has completed the acquisition of SemanticBits, a premier partner to U.S. federal health agencies for mission-critical digital modernization solutions.The company announced its intent to acquire SemanticBits last month. Watch Live. 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