Detica (LSE: DCA) is an international management and technology consulting firm. Its main areas of work are customer management, security, fraud containment, risk management and regulatory compliance. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
| File:Detica.svg | |
| Company type | Public (LSE: DCA) |
|---|---|
| Industry | Management and technology consulting |
| Founded | 1971 |
| Headquarters | Guildford, UK |
Key people | Chris Conway (Chairman) Tom Black, CEO |
| Products | StreamShield, NetReveal |
| Revenue | £203.2 million (2008) |
| £24.3 million (2008) | |
| £15.3 million (2008) | |
Number of employees | Around 1600 |
| Website | www.detica.com |
The name Detica comes from the Greek-derived word eidetic, meaning clear vision.
The business was founded in 1971[1]asSmith Associates carrying out research on Defence matters for the UK Government.[2] It was incorporated in 1977[1] and renamed Detica in 2001. It was first listed on the London Stock Exchange in 2002.[1] In 2003 the Company acquired Rubus, an IT services business.[3] It went on to launch Streamshield, an internet security product, in 2004.[3] In 2005 Detica acquired Extraprise UK, a systems integrator.[4] In 2006 it went on to buy Evolution (a consultancy),[5] Inforenz (a computer forensics business)[6] and m.a. partners (a consultancy serving the capital markets)[7] and in 2007 it acquired DFI International (a consultancy serving the US National Security sector).[8]
On 18 July 2008, the prospect of a bidding war for Detica emerged after BAE Systems made an informal offer.[9] On 28 July 2008 the board of Detica and BAE Systems jointly announced that the latter has made a formal cash offer of £4.40 for all issued and to-be-issued share capital. This offer has now been put to the Shareholders.[10] The Telegraph quoted Panmure Gordon analyst George O'Connor describing the price as a "very full valuation".[11]
The Company operates in the following markets
Products include StreamShield, a software package aimed at real-time internet content security, [12] and NetReveal, a software package to combat fraud, intended for Government departments, the finance sector and leading commercial organisations.[13]
The Company has the following office locations:
