Rochester, NY — Performance Technologies has acquired, for about $3.8m, the Ziatech segment of Intel's embedded Communications Platform Division. The acquisition of the San Luis Obispo, California based group expands Performance's target market to include a much broader range of communications applications, as well as entry into the military, medical and transportation sectors.
As part of the deal, Intel will license some PICMG 2.16 based products from the Rochester, NY based specialist developer of packet based comms and networking gear.
"This acquisition provides us with a highly complementary product line that has virtually no overlap with our existing products and a significant number of mutual customers," said Donald Turrell, president and CEO of Performance Technologies. "In a time when equipment manufacturers and integrators are looking to establish strategic relationships with fewer vendors, this acquisition is key as it allows us to immediately offer a broader range of products to our customers."
The transaction is expected to be completed by Octoner 1st. The new unit of Performance Technologies will continue to operate in its San Luis Obispo facility, and products will be branded under the Ziatech name.
The Ziatech line of CompactPCI, PICMG 2.16 and STD 32-basedprocessor modules and system platforms will become an important
extension to the Performance Technologies range, and will more than double the group's sales in the embedded systems business.
The expanded group will focus on new packet-based products for use in emerging IP-based embedded systems and networks.
"Ziatech has a strong reputation as an innovative company in the open standards OEM business, being the original developers of the CompactPCI specification," said Reg Cable, vice president of marketing for Performance Technologies.
"Performance Technologies is the original developer of the recent PICMG 2.16 specification. The combination of these two capabilities will provide a strong market presence, allowing us to aggressively address a broad variety of embedded system applications."
On completion, Performance Technologies will become a member of the Intel Applied Computing Platform Provider (ACPP) program. This brings together third-party module and software vendors with a significant presence in embedded and communications market segments.
