Vector Informatik acquires Vector Software, grows code-testing offering
The German-based enterprise describes its strategic acquisition as a major step toward a complete solution for the testing of software-based embedded and connected systems.
Vector Informatik has a long experience in providing system and functional testing solutions for automotive ECUs and distributed embedded systems. This acquisition extends that testing portfolio by adding the embedded software testing platform “VectorCAST”, a solution for code-centric software testing. VectorCAST is used extensively in the verification of software with high quality and safety requirements. In addition, the merger will extend Vector Informatik’s engagement to industries beyond the automotive market. Vector intends to be one global provider of a complete and integrated verification and validation solution for embedded systems in Automotive, Avionics, IoT and other industries with safety and validation requirements.
The sales and development organization for VectorCAST, consisting of more than 90 people, will remain headquartered in East Greenwich, Rhode Island, operating as a business division of Vector Informatik. The division will be managed by John Paliotta as Managing Director and CTO, and Mats Larsson as Vice President Sales, Marketing & Operations. Paliotta co-founded Vector Software in 1990, Larsson joined Vector Informatik in 2002.
The financial details of the transaction are not being disclosed.
Links; www.vector.com and www.vectorcast.com
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