Jacobs Makes Australian AcquisitionFriday, December 2, 2011
Jacobs Engineering Group Inc. has acquired Unique World, an information technology services company based in Sydney, Australia.
The Pasadena provider of technical and construction services on Friday said the move is in line with its strategy to grow key markets outside of the United States. It also enables the company to offer IT services, which are in demand in Australia.
"Unique World is comprised of a strong, engaged team with solid delivery focus,” Chief Executive Craig Martin said in a statement. “Their strengths are a great complement to Jacobs and to our mutually client-focused culture."
Terms of the agreement were not disclosed.
Shares were up 99 cents, or 2.4 percent, to $42.26 in midday trading on the New York Stock Exchange.