Security News > 2020 > June > AE Industrial Partners acquires NuWave Solutions to expand advanced analytics and AI domains

AE Industrial Partners, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced that it has acquired a majority interest in NuWave Solutions, a provider of data management, advanced analytics, artificial intelligence, machine learning and cloud solutions delivering anticipatory intelligence and advanced decision support solutions and technologies to the federal government.

NuWave's unmatched expertise in advanced technologies across the advanced analytics and artificial intelligence lifecycle allows its customers to solve complex problems and better manage information.

A 2019 Industry Innovation Winner for its Virtual Anticipation Network, a machine learning and anticipatory intelligence tool, as well as its Enterprise Management Decision Support solutions, NuWave has built tremendous momentum in advanced analytics and artificial intelligence domains.

NuWave will be a new standalone platform for AEI as the firm continues to expand its Defense & Government Services reach into the advanced analytics and artificial intelligence domains.

"NuWave is a highly respected leader in its field, and a perfect launch pad in which to build a world-class advanced analytics and artificial intelligence platform. We welcome them into our growing portfolio," said Jeffrey Hart, a Vice President at AEI. "Artificial intelligence and machine learning continue to gain significant momentum helping governments and businesses gain intelligence from their vast amounts of data to make better decisions. The end uses for these capabilities continue to evolve and we look forward to being at the forefront of this evolution with the NuWave team."

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/-lIldq_wgGQ/