A tech entrepreneur continues his sequence of acquisitions
Posted
23 November 2021
through
Catherine schulte
Arlington-based tech entrepreneur BlueHalo announced Tuesday that it has acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd.
Financial details of the transaction were not disclosed.
Founded in 2008, Asymmetrik develops software solutions and technological tools to enable intelligence community programs. It provides open source intelligence technologies to enable the collection and analysis of publicly available information. Asymmetrik has more than 120 employees.
“We are delighted to welcome the next chapter in Asymmetrik’s history under the BlueHalo banner and to provide our new and existing customers with a more extensive set of tools, capabilities and resources. … We couldn’t have found a better partner in BlueHalo where, together, we will continue to tackle the most difficult issues our customers face, ”said Asymmetrik Co-Founder and CTO Amit Singh and co-founder and CEO Mike Frentz in a statement. declaration.
BlueHalo is a national security platform with capabilities in space technology, advanced radio frequency, electromagnetic intelligence and cyber.
BlueHalo has made several acquisitions recently. In early November, BlueHalo acquired San Diego-based Citadel Defense Co., in August it acquired Rockville, MD-based Intelligent Automation Inc., and in July it acquired the Design and Development Engineering Services Corporation ( DDES) based in Albuquerque, New Mexico.
“The combination of Asymmetrik and BlueHalo’s deep technical capabilities, cultures of excellence and mission focus will only further enhance our ability to meet the most important and complex needs of our customers.” BlueHalo CEO Jonathan Moneymaker said in a statement.
BlueHalo is owned by Arlington Capital Partners, a Washington, DC-based private equity firm.
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