|
May 30, 2001
AppsTech to buy Vienna systems
integrator
Sean Madigan Staff
Reporter
Application Technologies, a Bethesda,
Md.-based corporate and government IT consulting firm, is acquiring
Apprio, a systems integrator in Vienna, Va.
The private companies did not
disclose financial terms, but an AppsTech spokesman says it is not
an all-cash deal. AppsTech will acquire Apprio's assets and assume
all "obligations" to its current employees and clients.
Company officials say the acquisition
will help AppsTech expand its international presence, especially
because of Apprio's "strong" ties to Asia and Latin
America.
An Oracle-based systems integrator,
Apprio focuses on the telecommunications, financial services and
education markets. Its clients include Global One, Net2000, Global
Telesystems, the Centers for Disease Control and the U.S. Census
Bureau.
The companies did not say when they
expect the deal to close.
|
Print
Page
PDF
Version
