
BAE Systems last Thursday said it has agreed to acquire Bohemia Interactive Simulations (BISim), a developer of simulation training solutions for military organizations. Terms of the deal, which requires regulatory approval, were not disclosed. BISim is currently owned by the investment firm Riverside Company, which invested in the company in 2013. BISim, which is based in Orlando, Fla., has more than 325 employees and a portfolio of game-based Virtual Battlespace software products used in desktop simulation and image generation to…