Torch.AI Acquires Maritime Surveillance Software Company B23

January 27, 2022

Torch.AI has acquired B23, a Virginia-based data-extraction and maritime surveillance software company. The acquisition brings B23's maritime AI and data-processing capabilities and founder Brad Kolarov (who joins as Vice President) into Torch.AI's Nexus platform to enhance the company's commercial and public-sector maritime offerings.

Buyers
Torch.AI
Targets
B23
Location
Virginia, United States
Transaction Type
Buyout

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