Science Applications International Corp. (NYSE: SAIC) has agreed to buy software company Koverse for an undisclosed sum as part of a push to expand its analytics and artificial intelligence capabilities.
Nazzic Keene, CEO of SAIC and a 2021 Wash100 Award winner, said Koverse’s data management platform and track record among its government and commercial clients will help enhance SAIC’s current offerings for data modernization.
“We see many opportunities for Koverse across the federal defense, civilian, and intelligence communities,” Keene added.
Koverse is a Seattle-based company established by data processing experts at the U.S. intelligence community in 2012. The company’s data management platform uses AI and machine learning to organize unstructured and structured data from various sources while ensuring the security of complex and sensitive data.
“Joining forces with SAIC creates a direct channel to include Koverse as the underlying data platform in large, important pieces of the emerging defense and national intelligence community mission,” said Jon Matsuo, president and CEO of Koverse.