Near Infinity Corporation and Invertix Corporation earlier this week announced their merger and rebranding as Altamira Technologies Corporation, according to a press statement released by the nascent big data, analytics and cloud firm.
The McLean, Va. headquartered company provides analytic and engineering services to the intelligence, defense and homeland security communities.
Columbia Capital and Razor Edge Ventures’ combined investments in both companies alongside the executive management team precipitated the merger.
Altamira’s Chief Strategy Officer Craig Parisot led the clandestine rebranding effort. Parisot told WashingtonExec the name change aims to promote the standardization of open architectures and technologies in order to broaden the company’s customer base and allow Altamira to pursue larger contracts.
“We’re seeking to, for all intents and purposes, commoditize the analytics market that will push the investment into areas where customers will get a higher return on their investment,” Parisot informed WashingtonExec in a recent interview.
“A new name gives us the freedom to define the business in such a manner that takes the best traits from both Invertix and Near Infinity and create room for new more powerful capabilities and new offerings,” said Craig.
Terms of the deal were not disclosed but former Invertix CEO, Art Hurtado, Altamira’s President and CEO, suggested he is confident about the merger.
“Altamira has arrived as a leading technology firm in the national security sector and we seek to deepen and align our core capabilities around emerging requirements in big data, cyber, analytics and mobility,” Hurtado said.
Hurtado unveiled the new name, logo, website and Twitter handle (@ExploreAltamira) to Altamira staff during an internal launch earlier in June.
Invertix Corporation and Near Infinity Corporation will carry forward as operating companies of Altamira.
We also asked Parisot where he sees the industry headed over the next 3-5 years and where they company has found growth.
“What we’re looking to do is, we’re really looking to revolutionize the technology business models that exist today that would allow our customers, predominately the U.S. Government, for their investment dollars to go into areas where they will experience greater value. We’re focused in the very relevant technology areas of big data, analytics, visualization, cyber and cyber R&D, visualization and sensors and communications. But we’re doing so in a way to transform the states by promoting the use of open architectures and open technologies to really drive standardization of these architectures, and the data, to create a more powerful, information technology environment,” said Parisot.
