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BRIEF-Shield AI To Acquire Software Simulation Company Aechelon And Raise $2 billion At $12.7 billion Valuation
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BRIEF-Shield AI To Acquire Software Simulation Company Aechelon And Raise $2 billion At $12.7 billion Valuation
Mar 26, 2026 6:17 AM

March 26 (Reuters) - Blackstone Inc ( BX ):

* SHIELD AI TO ACQUIRE SOFTWARE SIMULATION COMPANY AECHELON

AND RAISE $2B AT $12.7B VALUATION

* SHIELD AI: FUNDS MANAGED BY BLACKSTONE INVESTING $500

MILLION OF PREFERRED EQUITY FINANCING

* SHIELD AI: ADVENT'S CHAIR DAVID MUSSAFER TO JOIN CO'S

BOARD, JPMORGANCHASE'S TODD COMBS TO JOIN AS BOARD OBSERVER

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