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SBS announces acquisition, closure of facility

Posted: 18 Jun 2003 ?? ?Print Version ?Bookmark and Share

Keywords:SBS Technologies? computer solutions? Avvida Systems?

SBS Technologies Inc., a designer and manufacturer of embedded computer solutions, has reached an agreement to acquire Avvida Systems Inc., a privately-held company located in Ontario, Canada. Avvida specializes in the development of imaging solutions for commercial, military and communications applications.

"SBS is focused on increasing our intellectual property-based products for the government, commercial, communications and enterprise markets. Avvida's innovative approach to image processing and FPGA development expertise combined with SBS' extensive product line are a powerful combination," said Clarence W. Peckham, CEO of SBS.

Additionally, SBS has also announced that it is consolidating its Communications and Enterprise Group operations by closing the Carlsbad, California facility. The product design and support functions for the group will be moved to the Mansfield, Massachusetts and Raleigh, North Carolina facilities while all manufacturing in the U.S. will be centralized in the company's St. Paul, Minnesota facility.

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