Published on February 19th, 2021 📆 | 2618 Views ⚑0
Applied Insight buys intelligence firm Bridges
Applied Insight LLC, a company specializing in IT solutions primarily for the U.S. intelligence and defense sectors, has announced a new acquisition. According to a press release, the Acacia Group-backed company has inked a deal to acquire Bridges Inc., a Maryland-based company that focuses on cybersecurity and Big Data analytics for the IC (intelligence community). The move is motivated by Applied Insight’s desire to posture themselves as a stronger ally to key intelligence sources within the federal government. Terms of the deal were not disclosed,
In the press release, Dede Dascalu, CEO of Applied Insight, said this about the acquisition: “This is a true game-changer because it means we can now deliver end-to-end hybrid and multicloud solutions, from infrastructure to actionable insight.” Bridges CEO Chuck Faughnan also commented on the move, stating, “We are excited to join the Applied Insight… Together we can leverage our unique machine learning and artificial intelligence analytics and deep network engineering experience to deliver new cyber products and end-to-end security for our customers’ hybrid-cloud infrastructures.”
This is, as the Washington Business Journal reports, an acquisition that has taken place almost a year to the day since Applied Insight’s last big acquisition. Last year, Applied Insight bought Digital Age Experts LLC, a company known for cloud integration. According to the Washington Business Journal’s report, Applied Insight stood the following to gain from the Digital Age Experts deal:
The company also leverages a partnership with Amazon Web Services to deliver those services to the U.S.’s 17 intelligence agencies, collectively known as the Intelligence Community (IC), through the CIA’s Commercial Cloud Enterprise (C2S) contract… But in addition, DAE’s cloud emulation platform plays right into AI’s plan to beef up cloud usage in the government and marries well with its Altitude platform.
It is clear that Applied Insight is making aggressive moves to become well-integrated into how the American intelligence community and defense industry function. Until this point, the company was considered “mid-tier,” but this may soon change.
Featured image: Flickr / Christiaan Colen
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