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Data Center News > Blog > Investments > G2Xchange to Acquire GovAIQ
Investments

G2Xchange to Acquire GovAIQ

Last updated: May 19, 2024 3:40 am
Published May 19, 2024
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G2Xchange

G2Xchange, a Washington, DC-based firm which makes a speciality of software program options that facilitate development for presidency contractors, acquired GovAIQ, an innovator in synthetic intelligence applied sciences and deep studying functions used for the federal government contracting sector.

The quantity of the deal was not disclosed.

This strategic transfer is ready to reinforce G2Xchange’s complete suite of instruments by integrating superior AI capabilities past typical authorities contracting software program choices.

GovAIQ makes a speciality of growing superior AI applied sciences, together with deep studying instruments that improve proposal administration, market evaluation, and decision-making processes for presidency contractors. Dr. Tony Hoang, co-founder of GovAIQ, will proceed to play an vital function as an advisor to G2Xchange post-acquisition.

Led by CEO Ron Jones, G2Xchange supplies software program options that help the operational and strategic wants of presidency contractors, serving to them optimize effectivity and market efficiency.

FinSMEs

17/05/2024


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See also  Siemens to acquire fire safety business from Danfoss to strengthen sustainable portfolio
TAGGED: Acquire, G2Xchange, GovAIQ
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