Acquiring Company
BigBear.ai
Acquired Company
Ask Sage
Description
BigBear.ai has completed the acquisition of Ask Sage to enhance its transition to a platform-centric AI company. This acquisition is expected to generate significant recurring revenue and improve gross margins. Ask Sage's secure and compliant platform complements BigBear's existing capabilities, helping to drive future growth. The move marks a strategic shift for BigBear in the evolving government defense technology landscape.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Ask Sage?
Ask Sage was acquired by BigBear.ai, based in Mclean. The deal was reported on August 10, 2026. BigBear.ai delivers AI-powered analytics and cyber engineering solutions to support mission-critical operations and decision-making in complex, real-world environments. BigBear.ai is publicly traded (BBAI) and operates in Information Technology.
When did BigBear.ai acquire Ask Sage?
BigBear.ai's acquisition of Ask Sage was reported on August 10, 2026. BigBear.ai has completed the acquisition of Ask Sage to enhance its transition to a platform-centric AI company. This acquisition is expected to generate significant recurring revenue and improve gross margins. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ask Sage do?
Ask Sage is a provider of a generative AI platform tailored for government and commercial sectors. Founded by Nicolas Chaillan, the company offers a technology-agnostic solution that utilizes both commercial and open-source Large Language Models (LLMs). It is privately held, operating in Information Technology, and is based in Virginia.