BigBear.ai completed the acquisition of Pangiam for $70m.

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.