“By acquiring the Defense resources and intellectual property of StackFrame, CESI will improve its business offerings to existing customers, while leveraging the research and development activity of both companies to expand its technologies into new markets,” explained Bryan Cole, CESI's CEO.
Gene McCulley, StackFrame CEO commented, “I believe that our Defense customers and employees will benefit greatly from CESI’s culture and proven history of execution.”
The acquisition was closed Friday, April 28, 2017.
Formed in 2004, CESI is an award-winning company that maintains a distinct record of strong performance in developing dynamic engineering programs. CESI implements operational, modeling, simulation and gaming based technologies that enable Warfighters and First Responders in their services to the nation.