Veritas-backed Peraton completed the acquisition of as-a-service business from ViON for $225m.

Veritas-backed Peraton, a satellite and terrestrial communication, network optimization, and managed security services, completed the acquisition of as-a-service business from ViON, a longstanding technology investor with a focus on companies operating at the intersection of technology and government, for $225m. "ViON's aaS business leads the industry in providing an on-prem, cloud-like experience with a platform that enables scale and governance. With its existing solutions and presence in the government market, Peraton is well positioned to capitalize on this while ViON will focus on growing its analytics and artificial intelligence solutions business," Tom Frana, ViON Chairman and CEO.