BigBear.ai Holdings Inc.
BigBear.ai to Acquire Ask Sage in $250M Deal
Summary
On November 10, 2025, BigBear.ai Holdings, Inc. announced a definitive agreement to acquire Ask Sage, Inc. for $250 million, subject to customary adjustments. The acquisition includes an option for BigBear.ai to pay with either cash or its common stock. Financial results for Q3 2025 showed a revenue decrease to $33.1 million, with a net income of $2.5 million. The acquisition is expected to close late in Q4 2025 or early in Q1 2026.
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About BigBear.ai Holdings Inc.
BigBear.ai Holdings Inc. is a technology company that specializes in artificial intelligence (AI) driven analytics and insights. The primary function of BigBear.ai is to develop and deploy intelligent solutions tailored to assist organizations in decision-making processes. These solutions leverage machine learning, data science, and predictive analytics to offer actionable intelligence in various scenarios. Notably, BigBear.ai's offerings impact sectors such as defense, healthcare, logistics, and energy, where precise, data-driven decisions are crucial. The company focuses on providing robust platforms that facilitate data integration, processing, and interpretation to derive meaningful patterns and trends. Headquartered in Columbia, Maryland, BigBear.ai Holdings Inc. plays an integral role in the market by offering tools that help businesses optimize operations and strategize effectively in increasingly complex environments.
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