Parsons Corporation Acquires BlackSignal Technologies
July 30, 2024
Parsons Corporation has entered into a definitive agreement to acquire BlackSignal Technologies, LLC from Razor's Edge Management, LLC for $200 million in cash. The deal — expected to close in August 2024 — will integrate BlackSignal into Parsons' Defense & Intelligence business unit and expand Parsons' electronic warfare, cyber, and AI/ML-enabled signal processing capabilities for Department of Defense and Intelligence Community customers.
- Buyers
- Parsons Corporation
- Targets
- BlackSignal Technologies, LLC
- Sellers
- Razor's Edge Management, LLC
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Transaction Type
- Buyout
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