UNICOM Government explained
UNICOM Government, Inc. (UGI) is an American information technology (IT) hardware company.[1] [2] It is a sub-division of UNICOM Global. It was formerly GTSI Corp, founded in 1983 and acquired by UNICOM Global in 2012 (see history).
Overview
UNICOM Government provides information technology and professional services for the US Federal, State, and Local Governments. UNICOM Government, Inc. is informally known by its abbreviation, UGI.
History
- UNICOM Government was founded in 1983 as Government Technology Services Incorporated (GTSI).
The six co-founders of GTSI were George Tate, Hal (Ashton) Lashlee, Glenn Johnson, Kevin O'Donnell, George Hennessy and Lyle Mall. GTSI's mission was to sell microcomputer software through a GTSI retail store, located inside the Washington DC Gereral Account Office building of the federal government of the United States. [2]
- By 1986, it was working with local, state and federal government agencies.[2]
- In 1994, it introduced the first browser-based government contract catalog.[2]
- In 1996, it registered its URL and engaged in e-commerce.[2]
- In 1999, it launched the first government IT portal, governmentIT.com, featuring the latest in IT applications for government employees.[2]
- In June 2012, it was acquired by UNICOM Global, after UNICOM completed a tender offer for outstanding shares of GTSI common stock for $7.75 per share in cash; GTSI became a wholly owned subsidiary of UNICOM, and GTSI stock was delisted from NASDAQ.[3] [4] [5] GTSI Corp. was renamed UNICOM Government, Inc. in 2013, and is now a division of its parent company, UNICOM Global, Inc.[6]
- In June 2014, UGI was awarded a $774 million contract extension to provide U.S. Army Technology Solutions as part of the Army’s ITES-2H contract that had a $6.763 billion procurement ceiling.
- In April 2021, the Defense Intelligence Agency (DIA) Site III award was awarded to Team Business Integra (Team BI), which included UGI as a team member. This 10-year, $12.6 billion dollar, multi-award IDIQ for Information Technology Solutions includes several Task Orders for the delivery of IT and technical support services to the Defense Intelligence Agency (DIA) and the National Geospatial-Intelligence Agency (NGA).
Notes and References
- https://archive.today/20130410163113/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=139427 Bloomberg BusinessWeek
- http://www.gtsi.com/cms/about-gtsi/history.asp GTSI Corp. History
- http://www.bizjournals.com/washington/blog/fedbiz_daily/2012/06/unicom-completes-gtsi-stock-purchase.html Unicom completes GTSI stock purchase, merger close
- http://www.unicomglobal.com/news1/archived-news/unicom-gtsi-merger-complete/ Affiliate of UNICOM Systems, Inc. and GTSI Corp. Announce Completion of Merger
- David Hubler, GTSI stock purchase completed; Unicom merger nears, Washington Technology, June 18, 2012.
- Jill R. Aitoro, As predicted: GTSI brand is no more, Washington Business Journal, March 7, 2013.
