Tasking buys iSystem to create German end-to-end embedded tool supplier

Tasking buys iSystem to create German end-to-end embedded tool supplier

Business news |
By Nick Flaherty

Compiler maker Tasking in Munich is to buy iSystem to create an end-to-send supplier of embedded tools for automotive safety.

iSystem, based in Schwabhausen, Munich, and privately owned, develops and manufactures embedded software development tools ranging from simple debuggers to advanced software analysis tools. It has 80 staff in five locations in Europe and the United States.

The debugger and software trace and analysis tools complement Tasking’s functionally safe embedded software development tools and compilers.

The two companies have worked together for many years, and the partnership will be expanded to further support the safety software development market by reducing the customers’ supplier base.

Since February 2021, Tasking has been majority-owned by German private equity firm FSN Capital, which has a range of technology investments although none in ‘deep tech’. The terms of the deal were not disclosed.

“With the acquisition, we are expanding our range of tools for embedded software developers,”said Gregor Zink, CEO of Tasking. “The team and products of iSystem will give us valuable support on our continued growth path.”

“We are excited to become a part of Tasking,” said Erol Simsek, Board Member at iSystem.;

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