BAE Systems announced last week that it has entered into a definitive agreement to acquire Bohemia Interactive Simulations (BISim), a software developer of simulation training solutions for military organizations. In the coming months, the company will undertake the customary regulatory and pre-closing activities necessary to complete this type of international transaction.
Founded in 2001 and headquartered in Orlando, Fla., BISim has more than 325 employees, including in the United States, UK, Australia, the Czech Republic, and Slovakia. Using the latest game-based technology, the BISim team of engineers develops high fidelity, cost-effective training and simulation software products and components to meet the growing demand for defense applications.
According BAE, with the successful completion of this acquisition, BAE Systems customers would have access to the company’s extensive and proven system integration experience complemented by BISim’s innovative training products and solutions to enhance military readiness for the U.S. and allies.
Ram Rozen, founder and CEO of Sindiana, which represent BISim in Israel, said: "BISim's trainers serve the leading Army and defense organizations, including the United States, Britain, the Netherlands and many others, including the IDF. The acquisition of BISim by BAE, a global leader in the global defense market, which also owns Pitch technologies, will place it as a global leader in the air, sea and land training team.
“Sindiana, as BISim's Premium Partner, welcomes BAE's move and looks forward to continuing our expending in the field of trainers and simulators in Israel with the IDF, MOD and the Defense integrators market. We are confident that BAE will promote BISim around the world and bring the joint activity to new achievements in Israel as well."