QOMPLX, a cloud-native risk analytics platforms provider, has agreed to acquire cyber intelligence company Sentar for an undisclosed sum as part of efforts to expand into government and national security sectors.
Sentar provides cyber intelligence in support of the national security sector using analytics, operations and systems engineering to help secure mission-critical assets. The company’s customers include the U.S. Army, U.S. Navy, Defense Health Agency and the Missile Defense Agency.
Jason Crabtree, co-founder and CEO of QOMPLX, said the acquisition will bring to the company a team of professionals who built a portfolio of defense and government contracts.
“Sentar is the perfect catalyst and partner for QOMPLX to scale a unique combined offering bridging technology and domain expertise across the national security and broader government sector in this critical time. Very tactically, we are excited about the future opportunities to advance our robust capabilities in Active Directory and authentication security, industrial control systems and operational technology, and healthcare-related security offerings,” Crabtree added.
The acquisition is subject to customary closing conditions and QOMPLX said it is making the transaction as part of its planned merger with special purpose acquisition company Tailwind Acquisition (NYSE: TWND). The boards of directors of QOMPLX and Tailwind have approved the combination, which is expected to close in mid-2021.
QOMPLX will trade on the New York Stock Exchange using the ticker symbol “QPLX” upon the proposed merger’s closing, pending approval by Tailwind’s stockholders and satisfaction of other customary closing conditions.