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By Nick Wakeman

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Davies starts new CEO role at Altamira

Altamira Technologies Corp. made it official, announcing the arrival of former Unisys executive Ted Davies as the company’s new CEO, effective today.

We reported earlier on Davies’ departure from Unisys after a six-year run and his hiring by Altamira, a privately held company focused on the defense and intelligence markets.

“We are particularly impressed with Ted’s ability to take Unisys into new and disruptive technology and solution areas,” said Altamira board member Arun Gupta in a company statement.

Board member Peggy Styer said that Davies leadership skills were the “perfect fit” for the company as it pushes ahead in growth areas such as cloud computing architectures, big data analytics, data security and open source software delivery.

“These segments require out of the box leadership and a commitment to customer missions and personnel development, which are key strengths of Ted’s,” she said in the statement.

Altamira is about a year old and was created in 2013 when Invertix Corp. and Near Infinity Corp. merged. The company is backed by the private equity group Columbia Capital and venture capital fund Razor’s Edge Ventures.

Posted by Nick Wakeman on Jul 30, 2014 at 8:28 AM


Reader Comments

Wed, Jul 30, 2014 Mel. Ostrow

Best of luck to Ted in his new assignment.

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