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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-gradeâs 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). ....

United States , Concurrent Real Time , Battery Ventures , Pompano Beach , Test Amp Measurement , ஒன்றுபட்டது மாநிலங்களில் , ஒரே நேரத்தில் ரியல் நேரம் , மின்கலம் முயற்சிகள் , பொம்பநோ கடற்கரை , சோதனை ஆம்ப் அளவீட்டு ,

Investegate |Spectris PLC Announcements | Spectris PLC: Acquisition of Concurrent Real-Time

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
1 April 2021 - Spectris plc (SXS: LSE),

the expert in providing insight through precision measurement, today announces the acquisition of Concurrent Real-Time ( Concurrent-RT ), from Battery Ventures, a Boston-based PE firm, for a purchase consideration of $166.7 million (£121.2 million) in cash, subject to customary closing conditions. The transaction is in line with Spectris strategy to make synergistic acquisitions to enhance and grow its platform and potential platform businesses. Concurrent-RT will be integrated into HBK.
Headquartered in Pompano Beach, Florida (USA), Concurrent-RT is a leading developer and supplier of real-time operating systems ( RTOS ) for hardware-in-the-loop ( HiL ) simulation applications, especially for aerospace, defence and automotive customers. Concurrent-RT s RTOS hardware and software solutions are used for testing critical systems to ensure they wo ....

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