BigBear.ai /
Pangiam Intermediate Holdings, LLC
BigBear.ai Completes Acquisition of Pangiam Intermediate Holdings, LLC
What happened
BigBear.ai completed its acquisition of Pangiam Intermediate Holdings, LLC on Feb. 29, 2024. Pangiam is a leader in Vision AI for the global trade, travel, and digital identity industries.
The transaction had a purchase price of $70 million, subject to customary adjustments. BigBear.ai issued shares to Pangiam Ultimate Holdings, LLC as consideration.
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BigBear.ai Completes Acquisition of Pangiam Intermediate Holdings, LLC
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