Octo, a provider of next-generation services for the Federal market, acquired Connexta, a Phoenix, Arizona-based global leader in open source software development and secure discovery solutions for government and commercial customers.
The amount of the deal was not disclosed.
With this acquisition, Octo bolsters its existing client base in the Intelligence Community (IC) and the Department of Defense (DoD), particularly the Air Force and its innovative software labs.
Connexta’s capabilities will expand Octo’s open source and Agile software development, cloud engineering, data interoperability, geospatial intelligence (GEOINT), and C4ISR offerings.
The combination of the two firms establishes Octo as go-to experts in the data interoperability, API, and user interface arenas for geospatial search and discovery solutions and combat systems.
The expanded capabilities Octo will realize through this acquisition will expedite delivery and data integration of combat systems across the Armed Forces and enhance Humanitarian Assistance and Disaster Relief tools for key customers in the National System for Geospatial Intelligence (NSG).
This transaction also enhances Octo’s sensor integration capabilities, to include support for several of the nation’s “Five Eye” partners.
Connexta will operate as a wholly owned subsidiary of Octo. The integration will provide U.S. Federal Government customers expanded access to Connexta’s solution offerings including its Distributed Data Framework, a geospatially-enabled search and integration platform, and Alliance, a system for enterprise ISR data sharing.
Through this acquisition, Octo adds roughly 130 personnel to its roster, primarily full-stack and cloud engineering resources.
Led by Mehul Sanghani, Chief Executive Officer, Octo now offers nearly 700 technologists to support and accelerate modernization efforts across its entire public sector customer base. The company maintains a presence in the DC Metropolitan area with offices in Reston and Alexandria, Virginia and Columbia, Maryland, and has presences in Richmond, Boston, Dayton, and St. Louis. The acquisition adds offices in Boston, Denver, and Phoenix.
Octo is an Arlington Capital portfolio company.
Led by Andy Goodson, Chief Executive Officer, Connexta is a software development company delivering enterprise integration services to government and commercial customers globally. The company develops secure, distributed intelligence processing capabilities, breaking down proprietary restrictions to enable information sharing.
Connexta is headquartered in Phoenix, AZ, USA with operations in Colorado, Massachusetts, and the Washington DC metro area.
FinSMEs
24/07/2019