Applied Insight on Wednesday said it has closed two acquisitions of federal solutions providers that will strengthen its capabilities in cloud, analytics and artificial intelligence offerings to its customers.
Terms of the deals for Applied Technology Group (ATG) and Stratus Solutions, which closed earlier in 2018 and in late 2019, respectively, were not disclosed.
Applied Insight said the deals will improve ATG’s and Stratus’ access to new federal customers and combine its expertise around its customer’s missions with capabilities to better fulfill those missions.
“At AI, we’re adept at aligning the right people and technologies with our customers’ missions,” John Hynes, AI’s CEO, said in a statement. “We know that the challenges of working with confidence in the cloud and effectively marshaling big data for actionable intelligence are widespread across government.”
Hynes added, “We’re particularly encouraged by the potential of what they can do together as part of AI. For example, we’ll be exploring how our cloud governance, machine learning and cyber capabilities can help customers better manage the need for both control and flexibility for their cloud infrastructures at scale.”
ATG and Stratus are both based in Maryland. ATG, which has about 80 software engineers and data specialists involved in national security work, has analytics expertise in machine learning, development of complex algorithms, high-speed data collection and repository building, cloud computing and DevOps. Stratus has about 100 employees and with capabilities in at-scale solutions for security, awareness and command and control for their cloud deployments.
Applied Insight is backed by the private equity firm The Acacia Group.