Announced
Completed
Synopsis
Zen Technologies, a combat training solutions and anti-drone systems developer, completed the acquisition of Applied Research International and ARI Labs, two companies specialise in simulation and assessment tools, for $15m. “Joining forces with ARI strengthens our commitment to pioneering advanced defense training solutions. Bringing together Zen Technologies’ defense excellence and ARI Simulation's commercial marine, industrial, naval simulation and maritime e-governance related expertise, we will continue to make our solutions more powerful, impactful, and globally accessible," Ashok Atluri, Zen Technologies Chairman & Managing Director.
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