10/7/2004 - VMETRO and Transtech DSP announce the signing of a definitive agreement whereby VMETRO has acquired 100% of the shares in the UK-based digital signal processing solutions provider Transtech DSP Limited ("Transtech DSP").
Transtech DSP's technology and product offerings within the areas of Digital Signal Processing (DSP) equipment represent a strong complement to VMETRO's current line of Data Recorder and I/O solutions, enabling the combined entity to provide customers worldwide with complete high-performance systems solutions for radar and sonar processing, digital software radio, spectrum analysis, telecommunications, medical imaging, as well as other advanced tests and measurements. Thus Transtech DSP and VMETRO have identified substantial sales synergies for both companies.
The transaction will also considerably strengthen VMETRO's position in the UK market, providing access to a very attractive client base. As part of the transaction, the U.S. subsidiaries, VMETRO Inc., based in Houston and Transtech DSP USA Corporation, based in Ithaca, N.Y., become an integrated entity serving the U.S. market. Going forward, both the Houston and Ithaca locations will continue to play key roles in serving the U.S. market. Existing customers will continue to work with the same VMETRO and Transtech personnel they currently interact with, but over time will gain access to an even stronger combined team with an enhanced portfolio of available solutions.
Transtech DSP in brief
Transtech DSP's extensive product line includes innovative signal and data processing boards where powerful state-of-the-art FPGA processing engines are paired with DSP or PowerPC(TM) processors. In addition, the company offers analog I/O boards, software tools, libraries, drivers and enclosures. The products support a wide variety of industry standard embedded buses such as VME, CompactPCI, PCI and PMC. The company is the first in the industry to field signal processing products compatible with the new VITA 41 VXS standard with Multi-Gigabit/Sec class serial interconnects.
VMETRO is the premium provider of products for high-speed sensor I/O, data recording, and analyzers for high-performance embedded real-time systems that are used in defense and aerospace industries, medical equipment, as well as within data communication and research. VMETRO has approximately 100 employees and is represented globally through its own subsidiaries and independent distributors in North America, Europe and Asia.
More information about VMETRO can be found at www.vmetro.com
More information about Transtech DSP can be found at www.transtech-dsp.com
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