Lynx Software Technologies, a portfolio company of OceanSound Partners, has acquired Core Avionics & Industrial
Core Avionics and Industrial (CoreAVI)
CoreAVI provides software and components that enable the deployment of graphics processors into the safety-critical systems of avionics platforms, ground control stations, land vehicles, naval vessels, automotive, medical and industrial systems. CoreAVI’s solutions are built on industry-recognized open standards and have been refined for more than 20 years of research and development. CoreAVI’s pre-integrated products dramatically reduce project risk and time to market and are designed for the highest levels of safety certification. CoreAVI’s products support graphics rendering and graphics processing unit (GPU) computer applications, including safe autonomy, machine vision and artificial intelligence.
The Deal
Lynx, a leader in foundational, open architecture software solutions for edge computing, announced the acquisition of CoreAVI.
Our Perspective
Jesse Espinoza, Lincoln International Managing Director who led the transaction, commented, “It was a pleasure working with the Lynx and OceanSound teams on this important transaction. Damien Fozard and the CoreAVI team have built a very impressive business and advanced product suite that nicely complements Lynx’s leading portfolio of foundational software products, development tools, open-source expertise and software development services. The combined business is well positioned to further build on its success and we are incredibly excited to have supported Lynx and team on this important transaction.”
Lynx Software Technologies
Lynx is on a mission to improve the economics of developing, deploying and maintaining high-assurance mission critical edge platforms with modular software solutions based on open standards. Lynx’s proven technology leadership, extensive system certification expertise and commitment to open standards have consistently saved customers millions of dollars in development costs while delivering desired system performance and security on schedule. Lynx is committed to enabling customers to build and manage orchestrated, cloud-connected platforms that harness a broad array of modern technologies and unique design methodologies to enable accurate, deterministic decisions at the mission critical edge without compromising safety or cybersecurity requirements.
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