Stellar IT Solutions acquires StanSource, launches in-house tech incubator

Daily Record Staff//May 12, 2020//

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Rockville-based Stellar IT Solutions Inc. acquired StanSource Inc., an information technology services and solutions provider based in Dulles, Virginia, company officials announced Tuesday.

Terms of the deal were not disclosed.

StanSource will continue to operate under its own name as a wholly owned subsidiary of Stellar. Further, the newly created Stellar iDea Labs, an in-house technology incubator, encourages product innovations and solutions by fostering start-ups and fast-tracking them through a highly collaborative process.

Stellar delivers technology solutions from a global talent pool tailored to IT consulting services by leveraging a proprietary recruitment process enabling rapid scalability.

With the StanSource purchase, Stellar now employs more than 150 employees and consultants.

“Stellar serves as a main source of talent for our clients, and the acquisition of StanSource allows us to expand our talent footprint in the Washington, DC, area,” says Dipak Thakker, CEO and president of Stellar. “This, in turn, allows us to respond quickly to the talent needs of diverse clients.”