ANCHORAGE, Alaska--(BUSINESS WIRE)--Cook Inlet Region, Inc. (CIRI), an Alaska Native regional corporation, announced the purchase of OSC Edge (OSC), a leading provider of IT engineering, integration and testing and data management services to government and private-sector businesses.
“I applaud the Board’s decision to move forward with this acquisition. It reflects our shared commitment to growth, innovation and creating long-term value for our Shareholders,” CIRI CEO Swami Iyer said.
Founded in 2008 and headquartered in Atlanta, Georgia, OSC Edge provides expert solutions in Enterprise IT to the government and commercial organizations. OSC’s staff, comprising over 300 team members spanning 27 U.S. states, multiple countries, and 3 continents, is committed to providing the highest quality IT engineering, integration and testing, and data-management services. OSC Edge is a graduated 8(a) company.
As a CIRI subsidiary, OSC will gain access to new networks, enhanced operational capabilities and the potential for increased scalability, positioning the company for greater success in a competitive environment.
Co-founder Tiffany Bailey will remain as OSC’s president and CEO. “I’m incredibly excited about this new chapter and the opportunities that come with being part of the CIRI family,” Bailey said. “This acquisition marks a significant milestone for our company and I truly believe it will fuel our growth and success.”
OSC adds to CIRI’s diverse and strategic business portfolio that currently exceeds $1 billion in assets. The acquisition aligns with CIRI’s long-term business strategy.
Cook Inlet Region, Inc., also known as CIRI, is one of 12 land-based Alaska Native regional corporations created pursuant to the Alaska Native Claims Settlement Act (ANCSA). CIRI’s regional boundaries roughly follow the traditional Dena’ina territory of Southcentral Alaska. CIRI was incorporated on June 8, 1972, and is owned today by a diverse group of more than 9,400 Shareholders who live in Alaska and throughout the world.
