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Septentrio acquires Altus Positioning Systems

Belgium: Septentrio Satellite Navigation has completed the acquisition of Altus Positioning Systems. The integrated company will continue to manufacture GNSS positioning and surveying equipment, with a focus on developing emerging markets across the globe and increase advancements in the field of GIS.

“At the heart of this fusion are our customers” stated Antoon de Proft, CEO and President of Septentrio, “They will benefit from this unique opportunity which combines the knowledge and experience of Septentrio in GNSS positioning with experience of Altus-PS in survey, mapping and GIS; and from an expanded offering of products and services under one group.”

Source: Septentrio