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
- Industry
- AI & Machine Learning
- Location
- Virginia, United States
- Transaction Type
- Buyout
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