Tuesday, November 5, 2024

Babel Street Announces Strategic Acquisition of Vertical Knowledge, Bolstering Leadership in Identity Intelligence and Risk Operations

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The merger sets a new industry standard by combining Babel Street’s advanced AI and NLP with Vertical Knowledge’s extensive data intelligence capabilities.

Babel Street, a leading provider of identity intelligence and risk operations solutions, announced its acquisition of Vertical Knowledge, a premier data products, insights, and intelligence company. The acquisition significantly expands Babel Street’s data sourcing, enrichment, and analysis capabilities, transforming high-stakes identity and risk operations into a strategic advantage for organizations worldwide.

“We are thrilled to welcome Vertical Knowledge and its talented team and robust products to Babel Street,” said Michael Southworth, Babel Street CEO. “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.”

Vertical Knowledge is a well-established and invaluable partner for both commercial and government organizations, offering dynamic platforms and expansive data products that drive informed decision-making. Its solutions unearth critical insights from publicly available information worldwide, providing a decisive edge in complex scenarios.

Also Read: Qlik Acquires Kyndi to Advance AI-Driven Business Outcomes

“Joining forces with Babel Street supercharges our ability to equip customers with the intelligence needed to successfully tackle their most difficult problems,” said Brian O’Keefe, Vertical Knowledge CEO. “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.”

The Babel Street Insights platform, coupled with Babel Street-Rosette Text Analytics, already delivers sophisticated AI and data analytics solutions. These offerings are designed to close the Risk-Confidence Gap with unparalleled analysis-ready data, comprehensive risk identification and entity resolution, and continuous automated insights. The addition of Vertical Knowledge delivers extensive multilingual data sourcing and contextualization capabilities will further enhance Babel Street’s robust solutions.

Customers and partners can look forward to even greater access to vital intelligence, facilitating quicker, more accurate assessments and decisions. The merger amplifies the company’s commitment to delivering top-tier solutions in identity intelligence and risk operations.

SOURCE: BusinessWire

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