i.e. Agilera and DigiTerra. For one, there were to many groups associated with CIBER and it was difficult to create a unique identity within the company (EAS, ESG, BIT, CSG, CEO, etc.) Regardless of whether anybody realizes it or not, CIBER has essentially become a holding company in the consulting arena. The same scenario would be true if, for example, Deloitte and Touche did a carve-out of their five core competency businesses. Mark my words, there WILL be an increase in shareholder value - and the reason will be very obvious at a later date. Spin-offs and carve-outs are not considered an immediate value-add to shareholders anymore. However, if you do enough DD, you will see that the Agilera and DigiTerra business plans have actual merit, direction, strong management and most importantly - referable customers. Hold on to your CBR shares longs.