Announced
Completed
Synopsis
Parsons, a provider of technology driven solutions in the defense, intelligence, and critical infrastructure markets, completed the acquisition of BlackSignal Technologies, a company using AI and machine learning to create innovative signal processing techniques that detect and disrupt difficult-to-access command and control systems and platforms, from Razor's Edge Ventures, an investor at the intersection of national security and commercial enterprise, for $200m. “Parsons’ acquisition of BlackSignal will represent a strategic enhancement to our cyber and intelligence and electronic warfare capabilities, reinforcing our commitment to quickly delivering mission-essential solutions that address our customer’s national security requirements. Our purpose-built Federal Solutions portfolio is addressing national security threats from near-peer adversaries that are becoming increasingly aggressive with rapidly evolving advanced technologies. I am excited that we will welcome BlackSignal’s accomplished team into Parsons,” Carey Smith, Parsons CEO.
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