Great news!
RadiSys has signed a definitive agreement to acquire Continuous Computing.
The details of the announcement are in the RadiSys press release.
The entire Continuous Computing management team is excited about this announcement and what it will mean for our customers, employees and investors. This is a new milestone on our forward progress.
As a result of this pending transaction, we believe the combined company will be able to be even more successful in the market than we are today. Our customers will be able to take advantage of a broader portfolio of hardware, software, solutions and services, thereby enabling additional innovative applications.
Over the coming months the acquisition will be going through regulatory review. In the meantime, Continuous Computing and RadiSys will be conducting business as separate companies as we do today — and we will stay focused on our Q2 and 2011 objectives.
Onward and upward!
Brian
