11th Dec 2015 18:05
LONDON (Alliance News) - QinetiQ Group PLC Friday said it has agreed to sell Cyveillance Inc, previously a business unit in the US Services division it sold in May of last year, to LookingGlass Cyber Solutions Inc for USD35 million in cash.
The Cyveillance business had revenue of USD18 million in the year to end-March.
Shares in QinetiQ closed down 0.8% at 269.50 pence Friday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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