On the 27th June 2012 Ultra announced that it had agreed to acquire Barron McCann Technology Limited and Barron McCann Payments Ltd (“BeMac”).
BeMac provides baseline grade crypto and key management services to the UK government, military, law enforcement agencies and the finance sector. BeMac will broaden Ultra’s crypto portfolio beyond the high-grade domain and also provide access to the lucrative financial services market.
The businesses employ 58 staff and has a Head Office in Letchworth. BeMac will be absorbed into Ultra’s existing AEP Networks business in the Tactical & Sonar Systems Division.
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