Applied Insight's latest acquisition adds intell firm Most private equity-backed firms are looked at as a merger and acquisition machine that closes one deal and simultaneously looks for the next one. Early in its existence, Applied Insight fit that bill. It closed five deals in less than two years after it was created in 2018 through a spinoff from Intelligent Decisions. But after August 2019, the company didn’t make another deal until this week when it acquired Bridges Inc. Terms were not disclosed. The deal adds a variety of capabilities that compliment AI’s cloud and data analytics offerings, including Bridges' cross-domain solutions in the intelligence market. Cross-domain solutions move data from unclassified networks to the classified side in a secure manner.