The acquisition of PrismTech by ADLINK Technology has generated considerable media interest which has largely acknowledged that this move is very positive, benefiting both companies and more importantly our existing and future customers. However, some recent comments by one of our competitors on the subject have in our opinion been very misleading and we feel that we must respond.
The acquisition by ADLINK in no way undermines the security of supply for PrismTech’s products to our existing customers and markets. Both companies have a strong heritage, proven track record and culture of serving markets such as Military and Aerospace including the USA that require high-performance, high-quality products that can be used on the most sensitive projects. The fact that ADLINK is a Taiwanese owned company in no way affects this. In fact, security of supply for PrismTech customers is enhanced through the strength gained by being part of a much larger and fast growing company.
PrismTech’s Vortex suite of Internet of Things (IoT) technologies is based on the Data Distribution Service for Real-Time Systems (DDS) open standard and this makes it very straightforward for customers not already using Vortex to migrate away from their existing DDS supplier and benefit from a much more stable vendor who is investing massively in new product development. This acquisition does not affect PrismTech’s commitment to the DDS standard, with our CTO Angelo Corsaro, Ph.D. remaining Co-Chair of the Object Management Group (OMG) DDS Special Interest Group (SIG).
“ADLINK gives PrismTech a truly global reach unlike some of our competitors who have limited resources outside of the USA.”
One of the immediate benefits of the acquisition will be a much stronger USA West Coast presence with a new office in California where many of our major customers are located.
One of the key reasons that ADLINK acquired PrismTech is that there is a great synergy related to the markets that we serve, both companies for example have a strong heritage serving the international Military and Aerospace communities. Combining PrismTech’s software leadership and ADLINK’s hardware expertise and competitiveness will leverage the strengths of both companies to create new value-adding system-level solutions (hardware + software) for our target markets, including exciting new Industrial Internet of Things (IIoT) Markets such as industrial automation, smart energy, smart cities and healthcare.
PrismTech will be run as an autonomous business unit of ADLINK ensuring that we can remain highly customer focused while leveraging the additional strengths and synergy of ADLINK. Any new combination products with ADLINK hardware will be additive to our product lines and not in any way change our fundamental policy of Vortex being hardware and vendor agnostic. PrismTech will continue to work in the same way with all hardware, RTOS and other technology vendors that offer complementary products to Vortex.
In summary, the main changes existing customers will notice from this acquisition will be in acceleration in the development of new and exciting products. PrismTech has been a trusted suppler to numerous fortune 5000 companies for over twenty years, the acquisition by ADLINK will not change this. With the financial strength and support of ADLINK our customers can be confident that security of supply and long term investment in Vortex product development will be enhanced by the acquisition.