Announced
Completed
Financials
Tags
Digital Services
United States
artificial intelligence
Acquisition
Domestic
Majority
Private
Friendly
Single Bidder
Private Equity
Completed
Synopsis
BigBear.ai, an AI-enabled business intelligence solutions provider, completed the acquisition of Pangiam, a technology company, for $70m. “The decision to acquire Pangiam is rooted in a strategy to bolster our portfolio through both organic and inorganic tactics, accelerate our growth in adjacent market categories and customers, and deliver increased value to our stockholders. Today marks a milestone in BigBear.ai’s journey,” Mandy Long, BigBear.ai CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.