Executive 1 Holding Company Completes Acquisition of Plasticity, Inc., Furthering Investment in Artificial Intelligence and Natural Language Processing

TYSONS, Va., October 15, 2020: Executive 1 Holding Company, LLC (EX1) has closed on and acquired San Francisco-based Plasticity AI, an Artificial Intelligence (AI), Natural Language Processing (NLP), and Machine Learning (ML) software services provider

EX1 is the holder of leading consulting and technology solutions companies collaborating with the Federal government, working at the forefront of organizational transformation using AI, ML, and NLP. With this acquisition, Plasticity’s industry-leading technology platforms will provide the EX1 family of companies with increased and cutting-edge capabilities in Enterprise decision analytics, predictive decisions, cost savings, accountability, efficiency, data transparency and advisory services. 

EX1 CEO Moe Jafari said, “The Plasticity creative team will be actively involved in supporting our customers in the Federal government; increasing functionality and engineering efficient and incisive solutions to complex challenges.” He emphasized that Plasticity, Inc. will remain independent as a wholly owned subsidiary of EX1.

Plasticity’s data visualization capabilities provide Leaders with data trends and patterns that will help them make better decisions and create smoother transfers of knowledge. Plasticity’s software helps developers create human-like natural language interfaces. Combined with EX1’s existing resources, Plasticity software will provide value in leveraging unique market opportunities, opening the possibility of new contracts, and adding additional qualifications in the growing AI/ML/NLP market space.

Plasticity co-founder Ajay Patel said, “We’re excited to bring Plasticity’s natural language understanding technology and APIs to the EX1 family of companies. We’re impressed with the large number of federal, Department of Defense, and commercial customers EX1 serves and see an exciting opportunity to expand with them over these next few years.”

https://www.plasticity.ai/