VI-grade acquires Concurrent Real-Time : vimarsana.com

VI-grade acquires Concurrent Real-Time


VI-grade acquires Concurrent Real-Time
VI-grade has announced the acquisition of Concurrent Real-Time, a US provider of high-performance, real-time computational hardware and software solutions, from Battery Ventures, a Boston-based PE firm.
The transaction, which values Concurrent at $167m, is in line with VI-grade’s strategy to enhance and grow its market-leading simulator platform businesses and fully integrate Hardware-in-the-Loop (HiL) technology.
Headquartered in Pompano Beach, Florida, USA, Concurrent-RT is a developer and supplier of hard real-time operating systems, software, and hardware that delivers simulation and control platforms for a wide range of mission-critical aerospace and automotive applications. As such, the company shares a number of end-markets with VI-grade where customers demand low-latency real-time solutions involving software-in-the-loop (SiL), hardware-in-the-loop (HiL), and people-in-the-loop (PiL).

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