Michael A. Daniels
Daniels rose to national industry prominence with SAIC (New York Stock Exchange) where he served as a member of the senior management team (senior vice president and sector vice president) from 1986-2004. He sold his company to SAIC in 1986 when SAIC had revenues of $500 million and helped build SAIC to the current $8 billion in annual revenues. While at SAIC, he identified and purchased Network Solutions for $4.7 million in March 1995. He led Network Solutions (NSI) through a successful initial public offering (IPO) in 1997 and a second offering in 1999. In January 2000, Daniels led Network Solutions in a follow-on offering of $2.3 billion, one of the largest technology equity offerings in history. Five years after he purchased NSI, he was instrumental in the company's sale on SAIC's behalf for $19.6 billion. Network Solutions contributed $2.2 billion in cash to SAIC, the largest transaction in SAIC's 37-year history.
Daniels began working part-time for SAIC in May 2004 and was asked to join the board of directors of Apogen Technologies in McLean, Va., in May 2004. He worked closely with the CEO and executive management team and Arlington Capital Partners of Washington, D.C., in the company's roll-up of two firms, and Apogen was eventually built into a $200 million annual revenue business. Apogen was sold in September 2005 to QinetiQ of the U.K. (London Stock Exchange) for $300 million in cash.
Daniels was selected in a national executive search to become chairman of the board of Mobile365 in May 2005 and worked closely with the CEO and the executive management team to build the company. He was asked by the board of directors to also assume the role of CEO, and served as chairman and CEO beginning in December 2005. He worked with the board of directors to reposition the company and in November 2006, Mobile365 was sold to Sybase (New York Stock Exchange) for $417 million in cash. Upon the sale of Mobile365 to Sybase, Daniels joined the board of directors of Sybase from 2007-2010. Sybase was sold to SAP in 2010 for $5.8 billion.
In addition to the above, Daniels has served on the board of directors of Telcordia Technologies (1998-2003). Formerly Bellcore, this company was purchased by SAIC in 1997 for $650 million and sold in 2003 to private equity firms for $1.3 billion. He also served on the board of directors of VeriSign (Nasdaq) from 2000-2001 following the sale of Network Solutions to VeriSign in 2000.
Daniels has served with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, on numerous international commissions and advisory boards, on the United States Trade Representatives International Investment Policy Advisory Commission, as a U.S. National Commissioner to UNESCO, as a senior White House advisor on international technology and as a senior advisor to the National Security Council.
He currently serves on the board of directors of the Northern Virginia Technology Council (NVTC), the Virginia Chamber of Commerce (past chairman), the Boy Scouts of America National Capital Area Council (past president and chairman), CACI, the Logistics Management Institute (chairman), Invincea Labs (chairman) and Mercury Computer Systems.