Atego Debuts in the 2010 'Software 500' as 7th Fastest Growing Software Company Worldwide
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Software Magazine ranks Atego at #361 amongst the world's largest software companies
San Diego, USA and Cheltenham, UK - 19th October 2010. Atego, the leading independent supplier of industrial-grade, collaborative development tools for engineering complex, mission- and safety-critical architectures, systems, software and hardware, has entered Software Magazine's 2010 Software 500 listing for the first time as the 7th fastest growing software company worldwide with revenue growth of 138.2%. Atego is ranked at #361 in the 2010 Software 500.
"Being recognized by Software Magazine's prestigious Software 500 as the 7th fastest growing software company worldwide is vindication of our decision to accelerate our growth strategy through a combination of acquisitions, mergers and organic growth," said James B. Gambrell, Chairman of Atego. "It is also positive proof that our Work as One, whole product strategy, providing system engineers and enterprise architects across a broad range of industries with a comprehensive range of development solutions and services, has struck a chord in the market."
Now in its 28th year, the 2010 Software 500 results also show that revenue in the worldwide software and services industry was a healthy $491.7 billion.
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The ranking is based on total worldwide software and services revenue for 2009. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. as well as from public documents.
"The Software 500 helps CIOs, senior IT managers and IT staff research to create a short list of business partners," said John P. Desmond, editor of Software Magazine and Softwaremag.com. "It is a quick reference of vendor viability. And the online version, posted at www.Softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."
Atego is listed in the Software 500 under its former name of Artisan Software Tools.
About Atego
Atego(TM) is the leading independent supplier of industrial-grade, collaborative development tools and runtime environments for engineering complex, mission- and safety-critical architectures, systems, software and hardware. Atego delivers a stable, robust working environment to thousands of users across an extensive range of complex applications in demanding engineering sectors such as aerospace, defense, automotive, transportation, telecommunications, electronics, and medical. Atego's Aonix Perc® is the leading, highly reliable, real-time embedded virtual machine solution for running Java(TM) programs deployed today. Atego supports native, real-time and certifiable Ada applications including those at the highest level of criticality with Aonix ObjectAda®. Atego's standards-based modeling tool suite, Artisan Studio®, provides comprehensive support for the leading industry standards, including OMG SysML, UML and Architectural Frameworks. Atego Workbench(TM) provides a fully integrated, collaborative engineering framework for the trouble-free deployment and maintenance of best-in-class tools for mission and safety-critical systems and software development. Atego's tools deliver on the promise of an integrated collaborative development environment - allowing architecture, systems, software and hardware engineering teams to Work-as-OneSM - from concept through to delivery, maintenance and support. Founded in 2010 in a merger between Artisan Software Tools(TM) and Aonix®, Atego is headquartered in San Diego, CA, USA and Cheltenham, UK with offices in France, Germany and Italy, and is supported by a global distributor network. For more information visit: www.Atego.com.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
Media contacts:
Gary Cato,
USA
Tel: +1 858-824-0284.
Email: Gary.Cato@Atego.com
Beverley McFarlane, UK
Tel: +44 1242 229335.
Email: Beverley.Mcfarlane@Atego.com
Sophie Chiarini,
France
Tel: +33 1 41 46 19 91.
Email: Sophie.Chiarini@Atego.com
