Signal Innovations Group to be Acquired by BAE Systems
August 01, 2014
In-Q-Tel-backed Signal Innovations Group (SIG) has entered into an agreement to be acquired by BAE Systems, a London-based defense, security and aerospace company. SIG provides full motion video, persistent wide area motion imagery and multi-intelligence analytics software and services across the U.S. intelligence and defense markets, enabling mission-critical processing, fusion, exploitation and analysis of multi-source data. The pending acquisition will enhance BAE Systems' business portfolio and complement its existing intelligence tools and analysis capabilities. Chertoff Capital is serving as the exclusive investment banking advisor to SIG.