Software platforms and development environments planned with acquisition
ARC International has announced that it has acquired the key assets of Teja Technologies, Inc., a privately held company based California. The acquisition includes Teja's software products, key customer contracts, its engineering team, and patents for Teja's award-winning technology.ARC International has also announced a series of organizational changes, some of which are associated with this acquisition, including the appointment of a Chief Operating Officer (COO) and creation of an Office of the CTO (Chief Technology Officer).
Carl Schlachte, president and CEO of ARC International, said, "Teja is a technology provider of multicore software platforms to semiconductor companies and OEMs globally. Its engineering and R&D staff will extend ARC's technical positioning and help advance the development of platforms for ARC's next-generation solutions. Furthermore, the acquisition brings an immediate benefit to ARC's customers targeting the networking segment, as well as a strategic benefit for the evolution of the VRaptor Multicore Architecture."
Akash Deshpande, founder and CTO of Teja Technologies, said, "The combination of Teja's multicore software development expertise with ARC's next-generation configurable architecture technology will be a good combination for the global semiconductor industry. We are very pleased to become an integral part of ARC's team."