News
Telelogic Acquires Quality Systems & Software
Telelogic AB, a supplier of design, development and testing tools for realtime communication applications, announced the acquisition of privately-held QSS, Inc. (Quality Systems & Software), a provider of requirements management solutions. Under the terms of the agreement, the consideration of $115 million will be paid in Telelogic shares. This acquisition allows Telelogic to strengthen its global market position, especially in the U.S., and become the largest provider of requirements management and development tools for realtime applications.
QSS’ solutions manage requirements in a variety of advanced system development projects, including business applications. As a result, the acquisition provides a platform for Telelogic to extend the reach of its development solution to other advanced business applications, including e-business and e-commerce system development projects, and expand into new vertical markets such as financial services.
QSS, with its strong customer base of Fortune 1,000 companies, dominates the requirements management market in a variety of industries such as telecommunications, financial services and other realtime segments like aerospace, automotive and defense. QSS helped define the requirements management category and they continue to ensure a smooth development cycle that reduces risk and time to market for many enterprise-wide organizations managing mission-critical initiatives such as e-business, e-commerce and enterprise-wide strategic planning.
Telelogic develops and markets advanced software tools and components that cover all phases of the development process: analysis, design, implementation and testing. The Telelogic Tau family of products has a firmly established basis supporting industry standards such as UML, SDL and TTCN. In addition, Telelogic’s software components are based on today’s global standards such as IMT-2000, Bluetooth and UMTS.
QSS develops and markets the DOORS Enterprise Requirements Suite, the market-leading product for identifying, capturing, tracking, managing and analyzing business requirements. DOORS is used at the beginning and throughout the software development lifecycle to enable collaboration and validation across an organization or enterprise. The QSS product family links easily with the Telelogic products to develop and test applications.
The acquisition will make it possible to offer new and existing customers and partners a tightly integrated solution for requirements management and software development tools for existing and emerging markets. The product offerings from both companies will provide a comprehensive and end-to-end solution for the software development process.
For more information, visit www.qssinc.com, or www.telelogic.com.