John Hynes, AI
In an effort to bolster its cloud, analytics and artificial intelligence capabilities, Applied Insight has acquired Applied Technology Group and Stratus Solutions.
The addition of the two companies marks the latest development in AI’s strategy of building an agile mid-market business supporting the federal government, the company said. AI is backed by The Acacia Group.
Eldersburg, Maryland-based ATG employs nearly 80 software engineers and data specialists with roots in the U.S. national security community. The company’s analytics expertise spans machine learning/deep learning, complex algorithm R&D, high-speed data collection and repository building, cloud computing and DevOps.
Stratus Solutions, based in Fulton, Maryland, has a 100-member team that specializes in cloud-at-scale solutions, with particular expertise in cloud infrastructure, research and development of analytics, agile DevOps and intelligent automation.
AI CEO John Hynes called his new ATG and Stratus colleagues “highly accomplished problem-solvers and innovators” in cloud and data,
“We’re particularly encouraged by the potential of what they can do together as part of AI, ” he said. “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. It’s an exciting prospect.”
Gavin Long, managing partner at The Acacia Group, said his organization will be backing ATG and Stratus with R&D investment to further develop their capabilities.
“Additionally, they can leverage AI’s support and BD infrastructure to pursue prime full-and-open opportunities,” he said. “We see great potential in bringing them in to AI to work at the nexus of cloud computing, analytics, artificial intelligence and cybersecurity.”
KippsDeSanto & Co. Managing Director Bob Kipps, who tracks M&A activity, called AI “really one of the most thoughtful strategic acquirers in the GovCon market right now.”
“In a very short time, they have become a powerful mid-tier firm with tremendous depth in several IT modernization areas and are led by a first-class management team,” he added.
Related: Applied Insight to Buy Organizational Strategies
