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Essex to Buy GIS Business PGI

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COLUMBIA, Md., June 17 -- Essex Corp. has announced it will acquire Performance Group Inc. (PGI), a Fredericksburg, Va., provider of geographic information systems (GIS), imagery processing and analysis, spatial data development, environmental consulting, visualization and information technology services to government and private sector clients. Terms of the acquisition, expected to be completed within the next few weeks, were not disclosed. PGI, which has 39 employees, had an annual revenue of approximately $4.5 million in calendar year 2003; Essex said its GIS revenues in 2003 are estimated...Read full article

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    Published: June 2004
    CommunicationsdefenseEssex Corp.geographic information systemsGISNews & FeaturesPerformance Group Inc.PGI

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