“NuWave Solutions (‘NuWave’), a leading provider of data management, advanced analytics, artificial intelligence, cloud solutions and technologies to the federal government, announced today that it has acquired BigBear Inc. (‘BigBear’ or ‘the Company’), a leading provider of cloud-based big data analytics solutions to the national security community within the U.S. Government. Terms of the transaction were not disclosed.
This is the first acquisition completed by NuWave since being acquired by AE Industrial Partners, LP (‘AEI’) in June 2020. AEI is a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
Founded in 2008, BigBear specializes in big data computing and analytics, cloud computing, artificial intelligence, machine learning, geospatial information systems, data mining and systems engineering to customers in the U.S. defense and intelligence communities. The Company combines comprehensive technology solutions with its BigBear Platform to create entirely private, secure, and unique cloud environments that helps organizations enable big data computing, machine learning and improved decision-making while better managing risk. BigBear specializes in helping customers make sense of their data by delivering the most advanced customized data analytics solutions available today. BigBear is headquartered in San Diego, California, with additional offices in Reston, Virginia and Charlottesville, Virginia…” Read the full press release here.
Source: NuWave Solutions Acquires BigBear, a Leading Provider of Big Data Analytics Solutions to the National Security Community – December 3, 2020. PR Newswire.
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