Arlington Capital Partners has established a new company known as Polaris Alpha after the Washington-based private equity firm merged its portfolio company EOIR Technologies with cybersecurity firm Proteus Technologies and data analysis platforms provider Intelligent Software Solutions.
Polaris Alpha will work to provide software and other technology platforms across ground, maritime, aerial, space, electromagnetic spectrum and cyber domains in support of clients in the defense and intelligence communities, Arlington Capital said Monday.
Polaris Alpha has more than 1, 100 employees and is expected to generate approximately $250 million in revenue for 2017.
“EOIR, ISS and PROTEUS bring together complementary technologies and diverse customers that enable cross-selling of capabilities in high demand areas of the DoD and Intelligence Communities such as advanced analytics, big data and cyber, ” said Pete Cannito, CEO of Polaris Alpha.
Arlington Capital acquired Fredericksburg, Virginia-based big data analytics and cloud platforms provider EOIR Technologies in June two months after it purchased and renamed iRobot‘s (Nasdaq: IRBT) defense and security segment to Endeavor Robotics.