Babel Street acquires Ohio data insights firm

Reston-based data analytics and threat intelligence tech company Babel Street has acquired Vertical Knowledge, a data products, insights and intelligence company based in Chagrin Falls, Ohio.

The acquisition — which has already closed — expands Babel Street’s data sourcing, enrichment and analysis capabilities, according to a news release from the two companies. Babel Street has 228 employees and Vertical Knowledge has 128 employees.

Financial terms of the transaction were not disclosed.

“We are thrilled to welcome Vertical Knowledge and its talented team and robust products to Babel Street,” Babel Street CEO Michael Southworth said in a statement. “Together, we can offer our customers and partners unprecedented access to comprehensive, multilingual data assets enhanced by industry-leading natural language processing. This powerful combination of data and technology closes the Risk-Confidence Gap, empowering our customers to operate with greater efficiency, foresight and security.”

Babel Street acquired text analytics platform Rosette about a year ago.

“Joining forces with Babel Street supercharges our ability to equip customers with the intelligence needed to successfully tackle their most difficult problems,” Vertical Knowledge CEO Brian O’Keefe said in a statement. “Babel Street is the gold standard in identity resolution, risk identification and mitigation capabilities that perfectly complements Vertical Knowledge’s strengths in data collection and contextualization. We could not be more excited to fuse our talents and technologies to accelerate innovation in this space.”