DMI announced yesterday that it has acquired The Ambit Group (Ambit), expanding DMI’s footprint in the Federal Civilian (including Federal Health) and Defense markets. “Founded in 2004, Ambit delivers next-generation digital transformation services to federal agencies with wide-ranging missions across homeland security, regulatory, and civilian services. Ambit is known for its focus on mission performance improvement and brings vast experience serving clients within the federal financial, national security, and federal science communities including the Securities & Exchange Commission (SEC), Federal Emergency Management Agency (FEMA), and the Consumer Financial Protection Bureau (CFPB), among others. ‘Demand for IT modernization services leveraging the latest digital innovation and capabilities has never been greater,’ said Sunny Bajaj, founder and CEO of DMI. ‘With this addition, we combine Ambit’s comprehensive data management, analytics, and cybersecurity services with our cross-industry, digital transformation expertise to help drive the next generation of digital government.’ Founded in 2002 and based in Bethesda, Maryland, DMI provides enterprise consulting, transformation and managed services to government and commercial customers through an integrated suite of agile software development and next-gen engineering solutions that combine business strategy, domain specific knowledge and technical expertise. ‘We are thrilled to begin the next phase of our journey as part of DMI,’ said Kim Hayes, co-CEO of Ambit. ‘There is a strong cultural alignment to drive innovative, customer-centric strategies and programs for our clients along with a mutual commitment to our people-first philosophy and values of integrity, diversity, and teamwork. With Ambit’s track record of success in this space, coupled with DMI’s extensive experience and range of services, this pairing represents an unstoppable force.’ Terms of the transaction were not disclosed...” Read the full press release here.