Edgewater-Backed Tech Co. Picks Up Security Software Firm

Law360, New York (April 16, 2013, 4:04 PM EDT) -- California defense and intelligence services firm Haystax Technology Inc., a portfolio company of Chicago private equity firm Edgewater Funds, has acquired security software company Digital Sandbox Inc., Haystax announced Tuesday.

Digital Sandbox will continue to be led by its existing management team but will become a division of Haystax, which provides information integration and data analytics for the U.S. defense and intelligence communities. The acquisition broadens Haystax's product line in the public safety, law enforcement and corporate security markets, it said.

The acquisition closed in early...
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