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Altamira Technologies acquires APG

By Richard Tomkins

MCLEAN, Va., Nov. 2 (UPI) -- Altamira Technologies Corporation has acquired APG Technologies, expanding the company's portfolio.

Altamira provides technology solutions to the U.S. intelligence and defense communities, while APG is an engineering company that supports various customers in the United States Department of Defense, space, and intelligence sectors.

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"APG's focus on multi-intelligence analysis, mission management, and space situational awareness solutions provides an additional depth of offer as we serve today's customers, and acts as a catalyst to accelerate Altamira's emerging strategic thrusts as our customers transition to new cloud-based environments and advance our nation's space and counter-space capabilities," said Jonathan Moneymaker, executive vice president and chief strategy officer of Altamira.

Added APG Technologies' president and chief executive officer Mike Janeway: "We conducted an extensive search for a partner where we were technically aligned and culturally coupled and Altamira delivers on all fronts. Their focus on client mission delivery combined with direct, open, and honest communication across all aspects of business is genuine and refreshing and I see this as a seamless integration of two solidly performing companies."

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