1/25/2005 - Real-Time Innovations, Inc. (RTI) is taking a bold step to extend its leadership in the rapidly-emerging market for real-time information networking. In a strategic move, RTI is selling its ScopeTools business to Wind River Systems, Inc. (NASDAQ:WIND), the global leader in Device Software Optimization (DSO) and primary distributor of ScopeTools for over a decade. This move will provide the total market focus and resources required for RTI to develop an innovative, standards-based, distributed "data-critical" systems platform.
Until now, data distribution in real time has been extremely complex and cumbersome, with costly and unpredictable results. RTI's new data-critical platform allows multiple sources of event-driven, time-critical data to connect in real-time and seamlessly ties complex networks of independent devices into a logical-and manageable-whole.
"The need for a simple and reliable way to communicate real-time information over a network is so fundamental that domains as diverse as command and control systems, traffic monitoring, financial transaction processing, combat systems, and industrial sensing all use it as a core technology." said VDC senior analyst Chris Lanfear. RTI is uniquely positioned to seize this very large opportunity and has already seen tremendous success with Object Management Group's (OMG) Data Distribution Service (DDS, V1.0 standard) based platforms in military and aerospace. In particular, NDDS was recently selected for the U.S. Joint Strike Fighter program that builds jets to be used by the Air Force, Navy and Marine Corps.
An important aspect of the strategic sale of the ScopeTools business to Wind River is that RTI maintains access to the underlying real-time visualization tool technology. RTI will continue to develop and enhance this technology to strengthen the development environment for the new data-critical platform.
"This enables RTI's new, open-architecture, data-critical platform strategy. We will combine the rich publish-subscribe NDDS middleware with new, targeted tools for distributed system visualization, analysis and real-time debugging," said Stan Schneider, chief executive officer of Real-Time Innovations. "This integrated platform will simplify design, ease development and improve the quality and performance of real-time distributed embedded systems in simulation, telecommunications, industrial automation, medical equipment, factory automation and avionics applications."
RTI has led the way in defining the industry-standard model for real-time networking. As RTI developed its market-leading NDDS technology, it had the pivotal role in establishing DDS as the common standard (under the Object Management Group) that is now universally recognized in industrial and defense applications.
Real-Time Innovations (RTI, www.rti.com) leads the real-time information networking industry with the most resilient and high-performance software solutions. Its products and professional services provide the technology for national railways, air traffic control, traffic monitoring, mission-critical combat systems, financial transaction processing and industrial automation. NDDS, RTI's flagship product, connects multiple sources of real-time data and seamlessly integrates complex networks of independent devices into a logical whole. Raytheon, Nikon, Omron, Applied Materials, Schneider Automation, Boeing, Lockheed Martin, Harmonic and the U.S. Military rely on RTI technology for their distributed real-time systems. Headquartered in Silicon Valley since 1991, RTI is a privately-held company.
RTI, Real-Time Innovations and NDDS are registered trademarks or trademarks of Real-Time Innovations, Inc.
North American Sales Contact: Real-Time Innovations, 155A Moffett Park Drive, Sunnyvale, CA 94089, Tel: 408-734-4200, Fax: 408-734-5009, Website: www.rti.com.
European Office: Real-Time Innovations, 109-111, rue des Cotes, 78600 Maisons-Laffitte, France, Tel: +33 (0) 1 34 93 34 13, Fax: +33 (0) 1 34 93 34 14.
Previous Page | News by Category | News Search
If you found this page useful, bookmark and share it on: