Atego acquires US avionics specialist
Combining the regions software and avionics skills, Cheltenham-based software tools supplier Atego has bought a US avionics software specialist called HighRely.
Atego is the leading independent supplier of industrial-grade, collaborative development tools that are used for developing complex, mission-critical and safety-critical systems, from the architectures to the software and hardware.
“The acquisition of HighRely is all about scale, growth and continuing to deliver on our Work-as-One strategy to enable engineers to easily meet the difficult challenges involved in designing complex, critical systems,” said James Gambrell, Chairman of Atego. “HighRely’s expertise in the aerospace and avionics markets adds considerable breadth and depth to our solutions and services for critical system design and development, reinforcing our position in the market and boosting our potential for growth. The unparalleled industry knowledge, expertise and ongoing commitment of HighRely’s employees will also add significantly to our global expansion plans. This acquisition is key for Atego and we plan to invest in the growth of the HighRely business, while continuing to service HighRely’s loyal customers”
Based in Phoenix, Arizona, HighRely supplies tools for developing aerospace and avionics systems, medical equipment, nuclear and transportation systems, covering the whole project lifecycle from application planning, specification and design through to build, testing, verification, certification and implementation. It has North America’s largest Avionics Certification Centre and provides more certified avionics engineers than any other services company. HighRely’s engineers have worked on over 60% of all major commercial and military aircraft developed in the past decade.
“Atego has an enviable reputation for providing robust products and services for complex, critical system and software development,” added Vance Hilderman, President of HighRely. “Our tools and services are the perfect complement to Atego’s highly successful, market-leading solutions portfolio and our skill-base will provide added impetus for growth in Atego’s key market segments.”
Under the terms of the agreement with HighRely, Atego is acquiring the company and all its assets, including service offerings, products and intellectual property. The acquisition will see all of HighRely’s employees, Phoenix headquarters and Avionics Certification Center, ongoing customer commitments and partner relationships integrated into Atego’s global business operations.
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