Atego acquires Blue River

Atego, an independent supplier of modeling and development tools for complex, mission and safety-critical embedded systems and software has acquired Blue River Software GmbH, extending its embedded development software portfolio to now include C++ tools. Atego's acquisition of Blue River closely follows its creation from the recent merger between Artisan Software Tools and Aonix.

"The Blue River acquisition continues our 'complex systems tools market' consolidation program," said James B. Gambrell, Executive Chairman of Atego. "Blue River's offerings, vertical markets and German reach complement our existing organization and expand our capabilities across our entire organization. The real benefit of our joining together with Blue River is not just the technology and products it gives us, but that by combining our offerings, our customers are better able to Work as One. As we continue to grow and expand, we are committed to remaining independent-minded and flexible, positioning us particularly well to serve the growing needs of our engineering customers."

BlueRiver was founded in 1993 as a supplier of software tools for embedded C++ system development, deriving the bulk of its business in the German automotive, engineering automation, telecommunication and measurement/control industries. The acquisition will significantly expand Atego's German customer base. All of the Blue River team will join Atego, extending Atego's knowledge and capability within the embedded C++ industry. Blue River will work with Atego's German headquarters in Wolfsburg, while retaining its regional offices inNürnberg.

The acquisition combines Blue River's operating business including all products and underlying intellectual property, professional services and expertise with Atego's existing German operations. The product portfolio includes the E32, X32 family and DOCU32 development tools for C/C++. As well as C/C++, the Blue River tools also support C#, JAVA, PASCAL, PL/M and ASSEMBLER development and integrate with all major compilers, including Atego's Aonix PERC.