Fredericksburg-based EOIR Technologies has merged with two other firms to form Polaris Alpha, a technology company with 1,100 employees and annual projected revenue of more than $250 million.
The merger was announced by Arlington Capital Partners, a Chevy Chase, Md.-based private equity firm. EOIR Technologies, is an Arlington Capital portfolio firm.
The other two firm involved in the merger are Intelligent Software Solutions of Colorado Springs, Colo., and Proteus Technologies, based in Annapolis Junction, Md.
Arlington Capital describes Polaris Alpha as a provider of “mission-critical technology, software and solutions” to defense and intelligence community customers.
