FEBRUARY 27--Avvida Systems Inc. (Waterloo, Ontario, Canada; www.avvidasystems.com) has acquired V Technology North America Inc. from its parent V Technology Japan. Ron Strauss, president/CEO states, "We are leveraging over 14 years of experience in FPGA-based pipeline parallel processing. We've redefined our strategic direction from delivering end-user systems to providing the core hardware processing and critical software that drives these systems. In the past we have limited our market reach by investing in the infrastructure required for end-user system sales. As an independent company, Avvida Systems can now grow more aggressively with broader market applications, using our high-performance computing hardware and software platform."
Avvida Systems' core technology has been successfully installed in more than 200 systems worldwide in demanding industrial applications including flat-panel and plasma displays, PCB and flex circuit inspection, as well as web, print, and glass inspection.