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Press Release |
| 14th February 2008 | |
| Silver Software announces merger with German based system development partner | |
Silver Software, developers of safety critical software, based in UK, India and Spain today announced their on-going merger with the Technology and Systems business of Atena Engineering Gmbh, based in Munich, Germany. The new organisation will form one of the world’s largest independent high integrity systems company with over 500 highly skilled engineers. With Silver Software’s 10 year track record of delivering successful software projects on major programmes such as the Airbus A380, Boeing 787, Joint Strike Fighter and the European Rail Traffic Management System, Silver Software can now look to harbour its aerospace, defence and rail experience to the major benefit of the now accessible automotive and gas turbines industry through Atena who’s clients include the BMW Group, Daimler, Airbus, EADS and MTU Aero Engines. Atena, an experienced systems developer and integrator will be merging their German capabilities with Silver Software’s UK, Spain and Indian development centers allowing access to a new rail domain currently untapped. Silver Software and Atena Engineering Gmbh have proven their capabilities together through a partnership set up to support growth into new markets and new service offerings. Discussions were entered into to formalise this partnership for the mutual benefit of both companies. Parminder Singh, MD of Silver Software said, "The merger is largely driven by market change where our clients predominantly require a single interface to a one stop shop of engineering excellence whilst maintaining a local access point via our in-country front offices." Senthil Kumaran, MD of Silver Software, India, said, "This is a great opportunity for Silver Software to enhance it’s service offerings to clients and also a great opportunity for all the staff working for Silver Software and Atena. With increased capability comes the opportunity to work on some really exciting projects." Singh, who began Silver Software in 1998 aims to accelerate the new organisation’s year on year growth drawing on the enhanced offering to the extended customer base. |
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| About Silver Software | www.silver-software.com |
Silver Software, set up 10 years ago by it’s MD Parminder Singh, is a CMMI Level 5 accredited safety critical and high integrity software engineering company based in (Malmesbury) UK, Spain and India. Silver Software add value by providing consultancy, full lifecycle software development and specialist verification and validation services, across the full software development lifecycle. Silver Software has worked on some of the most advanced platforms in the world including the Airbus A380, Boeing 787 Dreamliner and F35 Joint Strike Fighter to name a few. |
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| About Atena GmbH | http://www.atena.de/en/ |
Atena Engineering, founded in 1998, has been a subsidiary of the Assystem Group since July 2005. Atena is offering an extended services portfolio, which includes Systems Engineering, Software Engineering, Hardware Engineering, Safety Engineering, Real Time Simulation and Test Systems. The Technology and Systems division has around €20 million in revenue and 180 employees. Atena works for the aerospace, automotive and gas turbines industries, with such customers as Airbus, Audi, BMW, Bosch, Daimler, EADS, Eurocopter, MTU Aero Engines, Rolls-Royce Siemens PG and ZF Lenksysteme. Reference projects are for example BMW Hydrogen 7, Airbus A380, Airbus A400M and the Engine Control Unit of the EJ-200. |
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| For Further Information: | |
| Alexandra Young | Office: 01666 580040 |
| (Marketing and PR) | Fax: 01666 580001 |
| alexandra.young@silver-software.com | |