Key Developments For Sapient Corporation
Sapient Corporation (SAPE.O) (Nasdaq)
Sapient Corporation's Sapient Government Services Announces Award Of Contract To Expand Strategic Forensic Evidence Management Program
Sapient Government Services, a subsidiary of Sapient Corporation announced an award by the U.S. Department of Justice, Federal Bureau of Investigation (FBI) to support the implementation of INNOVARi, a strategic forensic management program for the FBI`s Laboratory Division (LD) and Operational Technology Division (OTD). The contract, valued at up to $15 million over a five-year period, will allow Sapient and the FBI to continue supporting INNOVARi in the LD and extend it into the OTD to fully realize the Bureau`s vision for the program.
Sapient Corporation Issues Q4 2009 Revenue Guidance Above Analysts' Estimates
Sapient Corporation announced that for fourth quarter of 2009, it expects service revenues to be in the range of $172-$175 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $169 million for the same period.
Sapient Corporation Issues Q3 2009 Revenue Guidance Above Analysts' Estimates
Sapient Corporation announced that for the third quarter of 2009, expects revenue to be in the range of $159-$163 million, including revenue related to the Nitro Group. According to Reuters Estimates, analysts are expecting the Company to report revenues of $157 million for the same period.
Sapient Corporation Closes Nitro Group Acquisition
Sapient Corporation announced that it has completed its acquisition of Nitro Group Ltd. (Nitro), a global advertising network that serves major clients including Mars, ConAgra, Volvo, Nike and Foot Locker. The terms of the acquisition were not disclosed.
Sapient Corporation To Acquire Nitro Group
Sapient Corporation announced that it will acquire Nitro Group, a advertising network that serves major clients such as Mars, ConAgra, Volvo, Nike and Foot Locker. The acquisition, which is expected to be completed in early July. Terms of the transaction were not disclosed.

