SOSi Acquires Data Analytics Software Company in Europe

Acquisitions

Summary

RESTON, Va.--(BUSINESS WIRE)--SOS International LLC (SOSi) announced today its acquisition of an advanced analytics software company based in Denmark called NorthStar Systems. “ We’re continuing to expand our strategic position by acquiring unique and differentiating technologies where we see the potential for growth,” said Julian Setian, SOSi President & CEO. “ We’re on the leading edge of developing human language and communication technology applications in the U.S. Government market, including artificial intelligence, neural network-based machine translation, and automatic speech recognition.” SOSi’s acquisitions over the past several years have significantly expanded the company’s core service offerings and led to the development of market discriminating technology solutions. SOSi has also developed a proprietary cloud-based artificial intelligence platform that uses deep learning algorithms to quickly sift through more than one million data sources in real-time throughout the world. The combined platform uses a variety of indicators to identify and track data trends to improve situational awareness and enhance national security.

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Data Management

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Software Development Defense Intelligence

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SOSi
$50M to $100M