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Announced

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AE Industrial-backed NuWave Solutions completed the acquisition of BigBear.

Synopsis

AE Industrial-backed NuWave Solutions, a provider of data management, advanced analytics, artificial intelligence, cloud solutions and technologies to the US federal government, completed the acquisition of BigBear, a provider of cloud-based big data analytics solutions to the national security community within the US Government. Financial terms were not disclosed. "BigBear.ai offers unmatched artificial intelligence, analytics, cyber and data management tools tailored specifically to the national security communities, giving our customers 'decision dominance.' The Company's comprehensive and seamless approach to handling and analyzing data allows our customers to better manage risk and be more prepared for the future," Reggie Brothers, NuWave CEO.

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