January 2007: SFO Technologies acquires Ashling Microsystems
January 2007: SFO Technologies, a NeST Group Company, has acquired 100% of the share capital of Ashling Microsystems Limited, a leading supplier of Embedded Software Development tools.
SFO Technologies has growth plans for Ashling's Embedded Software Development Tools business and will create a new business unit in Ashling focused on the provision of Embedded Software and Hardware Development Services.
Javad Hassan, Chairman of the NeST group said "Ashling is a very good fit for the NeST group. The Real-time Embedded Software Development Tools business of Ashling has strong potential and we will leverage our depth of engineering resources and worldwide presence to drive growth in this area. We will also work with the Ashling team to establish an EU based centre of excellence for Embedded Software Services and we are hopeful that we can rapidly grow the Software Services business in Europe."
The NeST group of companies has in-depth expertise in developing embedded and real time software for various domains, including Multimedia, Automotive, Networking, Telecom and Wireless. The company specializes in Systems Design, Custom Software Development, Firmware, and Driver Development. The NeST Group has delivered projects using most of the popular Embedded System chips and Operating Systems.
John Murphy, Managing Director of Ashling Microsystems said "This is a great opportunity for us; becoming part of the NeST Group gives us the resources we need to significantly grow market share in real-time embedded development tools. We also see a large market for Embedded Software Services and we are really looking forward to working with NeST to grow this business. NeST's strength in Embedded Systems Software and skills in Hardware Design and Development makes it an ideal partner for Ashling".
About SFO Technologies
SFO Technologies, a member of the NeST Group, is a broad based technology provider operating in the areas of software development, electronics design and manufacturing, optronics and fiber optics, broadband and RF solutions and power systems and magnetics. The Group has activities in the Americas, Europe, the Middle East, India, China and Japan. Further details of the NeST Group may be found on its website at http://www.nestgroup.net/
About Ashling Microsystems
Ashling Microsystems is an international Embedded Software Development Tools company. Through its close cooperation with leading semiconductor vendors, Ashling is now a world leader in the Embedded Software Development Tools market. Ashling's R&D Centre is in Limerick, Ireland and Ashling has sales and support representatives worldwide.