ENSCO, Inc. Acquires IData Product Line from Quantum3D
FALLS CHURCH, VA-April 25, 2011-ENSCO, Inc. announced today that it has acquired the IData and IGL 178 product lines along with the supporting assets and staff from Quantum3D through ENSCO's wholly owned subsidiary, IData Visual Systems, Inc. IData Visual Systems, Inc. and Quantum3D will work closely together to ensure a smooth transition for IData customers.
Greg Young, president and CEO of ENSCO, Inc. commented, "The IData product line and the team's excellent reputation for customer service is a strategic complement to the ENSCO portfolio. We look forward to future expansion to enhance the capabilities of the IData product line for the critical markets it serves."
The IData product line consists of a software development toolkit and application elements that provide a highly efficient development environment and high operational performance for digital display devices. Ray Niacaris, former director of Embedded Visual Computing Sales at Quantum3D will serve as director of Operations and Sales of the new subsidiary.
Neil Fifield, VP, Innovative Systems Solutions Division at ENSCO and VP of IData Visual Systems, Inc. noted, "We have experienced a great deal of synergy since we began our relationship with Quantum3D. Most of the IData customers are our customers as well. Merging the product into our current solution set will provide added value to IData customers and current avionics customers within our business. Our focus is on safety-critical avionics development and this acquisition clearly moves ENSCO forward as a leader in the efficient development of high performance safety-critical human-machine-interface solutions. Now, IData and IGL customers can benefit from ENSCO's expertise to provide complete certification solutions for safety-critical display systems."
About ENSCO, Inc.
ENSCO provides engineering, science and advanced technology solutions for the defense, security, transportation and aerospace industries. The company is privately held and has a history of innovation spanning four decades. ENSCO is headquartered near Washington, D.C., with field offices throughout the United States and representatives around the world. For more than two decades, ENSCO has been a prominent avionics industry partner enabling the development of today's sophisticated airborne systems. The company is a premier provider of safety/mission-critical avionics engineering solutions built around DO-178B, DO-¬254 and MIL-STD development requirements, including design, development, integration, verification and certification solutions.
Media Contacts:
Patricia Sanders
ENSCO, Inc.
(703) 321-4404
sanders.patricia@ensco.com
Barbara Stewart
Patterson & Associates
480-488-6909
barbara@patterson.com
