ADLINK Technology, Inc., a leading provider of application-ready intelligent platforms. has acquired PrismTech™, a global leader in software platforms for distributed systems. Financial terms of the deal were not disclosed.
The deal will further strengthen ADLINK’’s software and systems capabilities, and its industrial IoT market reach. One the deal completed, PrismTech will operate as a semi-autonomous business unit.
Founded in 1992, with offices in the United Kingdom, France, Netherlands, USA and Canada, PrismTech is a global leader in software platforms and tools for the Internet of Things (IoT), Industrial Internet and advanced wireless communications. PrismTech is a recognized leader in IoT platform technologies, the company’s Vortex intelligent data-connectivity platform provides efficient, secure and interoperable internet scale real-time data-sharing. PrimsTech’s Vortex is a key enabler for systems that have to reliably and securely deliver high volumes of real-time data with stringent end-to-end qualities-of-service.
Jim Liu, CEO of ADLINK, said in a statement: "Adding horizontal IoT stack expertise to ADLINK’s portfolio creates a unique opportunity to fully leverage the Vortex software and build competitive platforms for the IIoT - it can be expected for those to emerge later in 2016”, and also added that: “Furthermore, the synergy of this acquisition will allow PrismTech to extend its reach and compete on a global basis with the current Vortex product and new developments. The complementary products of ADLINK and PrismTech with software and hardware provide all the building blocks for the next stage in IIoT development, addressing the issues of increasing complexity and mission critical operational and management data.”
Headquartered in Taiwan, ADLINK Technology is a leading provider of application-ready intelligent company with manufacturing locations in Taiwan and China, R&D and integration in Taiwan, China, US and Germany. The company provides an innovative embedded computing solution for edge devices, intelligent gateways and cloud services. Product line includes computer-on-modules, industrial motherboards, data acquisition modules and complete systems. In addition, the company is also a Premier Member of the Intel® Internet of Things Solutions Alliance and is active in several standards organizations, including the PCI Industrial Computer Manufacturers Group (PICMG), the PXI Systems Alliance (PXISA), and the Standardization Group for Embedded Technologies (SGET).
Image credit: PRWeb
Wednesday, December 16, 2015
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