USA: VenturCom Acquires Chesapeake Bay Systems
Chesapeake Bay Systems specializes in consulting and development services that assist OEMs in bringing new products to market. With competencies in Windows NT, Windows CE, QNX, and Hyperkernel operating system technologies, Chesapeake Bay Systems can address a wide variety of product development requirements.
Through this acquisition, VenturCom will absorb and integrate Chesapeake Bay Systems' assets and employees into the company. VenturCom will maintain and expand the offices occupied by Chesapeake Bay Systems as a regional beachhead for strategic services, engineering, and business development.
"We are extremely fortunate to have acquired a group of developers of this caliber," stated Michael Dexter-Smith, President and CEO of VenturCom. "The competencies represented in this group directly address our existing customer base, not only in the use of Windows NT and Windows CE technologies and the conversion from other operating systems, but in the specific driver, control, and data acquisition applications our customers are creating. This group will significantly extend the resources of our strategic services and business development organizations."
Frank Logan, President of Chesapeake Bay Systems said, "I have been watching VenturCom for many years, first as a competitor while I was CEO of Nematron, and most recently as a client at Chesapeake. We've been developing software for our customers using VenturCom's market leading RTX enabling technology for Windows-based real-time applications. Because of our intimate knowledge of the technology, we feel that joining the VenturCom team is a logical next step for Chesapeake Bay. We are excited about working with our new colleagues at VenturCom to develop the next generation of Intelligent Connected Equipment (ICE) technology."
VenturCom, Inc. is the leading provider of software and services that enhance the quality of service of Windows-based Intelligent Connected Equipment (ICE). The company has over 900 customers worldwide and distribution channels in more than 30 countries.
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