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Business/Financial

ANSER Acquires Advanced Technology International

Tuesday, January 31st, 2017

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The non-profit public service research institute Analytic Services Inc. (ANSER) acquired South Carolina-based Advanced Technology International (ATI) for $25 million, the organization said Monday.Terms of the deal include a $15 million earn-out provision if ATI meets certain growth milestones over the next four years.ATI was the private, non-profit affiliate of the South Carolina Research Authority (SCRA) created in 1998. SCRA was chartered by the state in 1983 to improve the growth and development of South Carolina’s technology sector. It is…

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