Durham NC: Durham’s Principled Technologies Acquires Colorado Competitor + Video
DURHAM — Principled Technologies Inc., a marketing and testing company based in Durham, has acquired its Colorado competitor Demartek LLC for an undisclosed amount, the companies announced.
Under the agreement, Demartek will be fully integrated into Principled Technologies. It’s currently unclear how many of Demartek’s employees will move to the Triangle area. However, the companies stated that the future pricing strategy of Demartek will match the historical pricing for Principled Technologies products.
Demartek was founded by current President Dennis Martin. It serves as a computer industry analyst organization with a computer test lab based in Golden, Colorado.
The working scope of Demartek includes running hardware or software solutions for the purpose of validation testing, performance testing, power efficiency or other types of testing.