Raytheon [RTN] last week said it has acquired the data analytics firm Visual Analytics Incorporated, boosting its capabilities in meeting the data analytics, data visualization and information sharing needs of its customers.
Terms of the deal were not disclosed. Raytheon Visual Analytics, which is based in Maryland, is part of the company’s Intelligence, Information and Services business. Raytheon Visual Analytics has more than 30 employees.
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| Raytheon Visual Analytics Co-Founders Chris Westphal (left) and David O’Connor. Photo: Raytheon |
Raytheon also said that the acquisition will also expand its customer base in federal, state and local law enforcement. Raytheon Visual Analytics’ products and solutions are used for investigating money laundering, financial crimes, narcotics trafficking, terrorism, border security, embezzlement, and fraud in domestic and international commercial and government markets.
Raytheon Visual Analytics has more than 100 customers. Its customers include various National Security and intelligence agencies, as well as contractors such as Booz Allen Hamilton [BAH], General Dynamics [GD] and SAIC [SAIC]. Another of its customers is the Arizona-based Southwest Border Anti-Money Laundering Alliance, which helps with coordinating investigations and prosecutions of money laundering activities from California to Texas.
Lynn Dugle, president of IIS, said the acquisition “will allow us to bring new, innovative visualization offering to our customers as they address the continuous challenge of increasing analyst efficiency and effectiveness while transforming data into actionable intelligence.”
Visual Analytics’ co-founders and senior leaders Chris Westphal and David O’Connor will remain with the company.