LEUVEN, Belgium, 16 June 2015. Septentrio Satellite Navigation has acquired Altus Positioning Systems, forming a global, integrated company delivering GPS/GNSS positioning equipment to and increasing advancements in the field of GIS.
“At the heart of this fusion are our customers,” says 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.”
Septentrio Satellite Navigation and Altus-PS started working together in 2007. The collaboration between the two companies has resulted in a series of products (including the APS-NR2, APS-3, APS-U, and APS-GeoPod). The smart antenna products will form a product line in the Septentrio product portfolio.
This partnership brings key capabilities and synergies in areas such as testing, manufacturing, and delivery which will now be based from Septentrio’s corporate HQ located outside the Belgian city of Leuven.
“The fusion of our two companies is a logical step in our evolving business relationship and professional collaboration,” says Neil Vancans, former president of Altus-PS and new vice president of Septentrio Americas. “We look forward to leveraging the strengths of both our organizations to grow the market for Septentrio products across a wide range of market sectors and build the same level of success for Septentrio products in the American market that we have enjoyed elsewhere in the world.”
Septentrio designs, manufactures, and sells high-precision multifrequency, multiconstellation GPS/GNSS equipment which is used in demanding applications in a variety of industries.
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