CHANTILLY, Va., Nov. 1, 2017 /PRNewswire/ -- As part of its continued strategic focus on the C4ISR market, VT Group announces the sale of its Healthcare and International Hospitality business segments to Sangha Associates, a company owned and operated by former VT Group CEO, Dean Willard. The Healthcare business involves the delivery of nurse call and real-time location systems and solutions and services to hospitals. The International Hospitality business involves designing, building, installing and maintaining Gigabit Passive Optical Networks (GPON) for in-room and back-of-house solutions and services to hotels located outside of North America. The transaction closed on October 31, 2017.
"The divestiture of VT Group's Healthcare and International Hospitality segments is the right deal at the right time for both parties," said John Hassoun, President and CEO, VT Group. "VT Group will continue to focus on driving growth in its core services and offerings."
VT Group has rich history of supporting customers in the Department of Defense and National Security. Our growth oriented business strategy will focus on core service offerings in support of VT Group's full life cycle C4ISR installation and integration services.
About VT Group
Headquartered in Chantilly, VA, VT Group is a leading technology integrator with close to 50 years' experience delivering technology and C4ISR solutions to solve the complex challenges faced by our government and commercial customers in the Defense and National Security markets. As an end-to-end provider of integrated IT engineering and installation services, VT Group's portfolio of core competencies includes: C4ISR and C2 facility integration, Passive Optical LAN (POL); Cyber Security; wireless (Wi-Fi) and distributed antenna systems (DAS); data center design/build and migration; audio/visual and digital media; and electronic security and surveillance systems. VT Group operations span more than 80 locations and over 650 employees throughout the world. For more information on the VT Group and our capabilities, visit us at www.vt-group.com.
View original content with multimedia:http://www.prnewswire.com/news-releases/vt-group-focuses-business-on-c4isr-market-300547624.html
SOURCE VT Group