GovAIQ, a pioneer in deep learning and artificial intelligence applications for the government contracting industry, was purchased by G2Xchange, a Washington, DC-based business that specializes in software solutions that support the expansion of government contractors.
The deal’s total value was not made public.
Through the integration of sophisticated AI capabilities beyond traditional government contracting software products, this strategic move is expected to improve G2Xchange’s full portfolio of tools.
About GovAIQ
GovAIQ focuses on creating cutting-edge artificial intelligence (AI) tools, such as deep learning instruments, to improve government contractors’ proposal management, market research, and decision-making procedures. Following the acquisition, Dr. Tony Hoang, a co-founder of GovAIQ, will remain a valuable adviser to G2Xchange.
About G2Xchange
G2Xchange, under the direction of CEO Ron Jones, offers software solutions to government contractors that support their strategic and operational objectives, enabling them to maximize productivity and competitive performance.