G2Xchange, a Washington, DC-based company which specializes in software solutions that facilitate growth for government contractors, acquired GovAIQ, an innovator in artificial intelligence technologies and deep learning applications used for the government contracting sector.
The amount of the deal was not disclosed.
This strategic move is set to enhance G2Xchange’s comprehensive suite of tools by integrating advanced AI capabilities beyond conventional government contracting software offerings.
GovAIQ specializes in developing advanced AI technologies, including deep learning tools that enhance proposal management, market analysis, and decision-making processes for government contractors. Dr. Tony Hoang, co-founder of GovAIQ, will continue to play an important role as an advisor to G2Xchange post-acquisition.
Led by CEO Ron Jones, G2Xchange provides software solutions that support the operational and strategic needs of government contractors, helping them optimize efficiency and market performance.
FinSMEs
17/05/2024