Booz Allen Hamilton Spins Out Modzy, Inc.

December 9, 2021

Booz Allen Hamilton has completed the spinout of its commercial AI platform Modzy into a new independent company, Modzy, Inc., with Booz Allen retaining a minority ownership stake. Modzy provides a ModelOps/MLOps software platform to help enterprises and federal customers deploy and monitor production-ready AI; financial terms were not disclosed.

Targets
Modzy, Inc.
Sellers
Booz Allen Hamilton
Location
Virginia, United States
Transaction Type
Divestiture

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